WHO IS ELIGIBLE FOR NURSERY CROP INSURANCE?
Since 1989, Nursery Crop Insurance has been available to any wholesale nursery
that derives at least 50% of gross income from wholesale marketing of nursery
plants. Nursery Crop Insurance covers both field-grown and container-grown
nursery plants. Structures, equipment and supplies are not covered by this insurance.
Insurance applications can be made at any time during the year; premiums are
prorated according to the start date. WHAT KIND OF COVERAGE IS PROVIDED?
Nursery crop insurance protects against the following types of losses:
adverse weather;
fire, if undergrowth by plants and buildings has been controlled;
wildlife;
earthquake;
volcanic eruption;
failure of water supply if caused by an insurable cause of loss;
failure or reduction in power supply if induced by an insurable cause of loss; and
a loss in plant values because of the inability to market plants, provided such plants would be marketed during the crop year.
