The study followed 44 claims adjusted by 19 claims staff across the Midwest region. Policies in the study covered corn nd/or soybeans, and the policyholder used either precision data, traditional methods, or both to report acres and production. 

The results showcased the improvements in time and environmental impacts when a farmer switches from using traditional methods for claim processing to precision data. 

What Does This Mean for FMH, Agents, and Policyholders? 

Not only does using precision data save time for adjusters, which means FMH claims staff can help more policyholders more quickly, but it also saves time for the farmer and means they can get their claim payment even sooner. 

Since adjusters can use the precision data already uploaded in FMH systems to begin processing a claim, they need fewer appointments to gather documentation and bin measurements, and thus travel fewer miles. This reduces FMH’s carbon footprint and reduces its fleet vehicle expense.