FMH Precision Solutions Increases Accuracy and Saves Premium for Iowa Agent-Farmer

Read how one agent-farmer experienced the benefits of FMH Precision Solutions in his own operation.

With FMH Precision Crop Insurance Solutions™, farmers can use the precision ag data they’re often already collecting for electronic reporting and claims. With more accurate data, farmers insure exactly what they plant, potentially increasing APH and reducing premium.

This past spring, Iowa agent and policyholder Josh Williams experienced these benefits of Precision Solutions firsthand on his own 400-acre farm. He worked with FMH Precision Tech Specialist Cole Olson, who went on farm with Williams to help him collect raw monitor data for his acreage report.

Using precision, the acres reported for one of Williams’ fields was 15-20 percent lower than his FSA acres.

 


“By gathering the data from the monitor and accurately collecting the actual number of acres planted, I saved about 30 acres of premium for the field,” Williams said. 

 


According to Olson, many farmers experience this benefit with precision – not just on one field, but many fields throughout their farms. “When you expand this benefit to his whole operation, you’re looking at major savings in premium, since you’re insuring exactly what you plant,” he said.

Williams praised the level of service FMH provides to agents and farmers. “I was impressed by the customer service, and the fact that they came to the farm in person to help collect data,” he said. “I greatly appreciated the opportunity to work with FMH.”

In addition to his own positive precision experience, Williams’ customers have noted the benefits of putting the precision ag data they’re already collecting to work in other areas. “They already use precision and GPS, so they might as well use it for crop insurance too,” he said. “It provides more accurate and precise information, not only to FMH, but for the insured. It can help increase their APH and decrease their premiums. It’s a win-win for all.”


Ready to Start Using Precision?
Agents and farmers interested in utilizing Precision Solutions can contact the FMH Precision Team at precision@fmh.com.