Crop Hail Insurers

2019 Crop Hail Insurers

Company MGA 2018 ALR Cash Discount Rate Structure Production Plan
ACE Property and Casualty Ins Co. Rain and Hail 66.0% 5.0% Single multiplier across the state 100% of NCIS
Agri-General Insurance Co. Rain and Hail 66.0% 5.0% Single multiplier across the state 100% of NCIS
American Agri-Business Insurance Company ARMTech Insurance Services, Inc. 66.0% 5.0% Single multiplier across the state 100% of NCIS
American West Insurance Company   56.7% 5.0% 2-tiered rate structure 100% of NCIS
CGB Insurance Company Diversified Crop Insurance Services 68.0% 5.0% Single multiplier across the state 100% of NCIS
Farmers Mutual Hail of Iowa   69.5% 0.0% Single multiplier across the state 100% of NCIS
FMH Ag Risk Insurance Company   69.5% 0.0% Single multiplier across the state 100% of NCIS
Great American Insurance Company Great American 68.0% 5.0% Single multiplier across the state 100% of NCIS
Hudson Insurance Company Hudson Crop Insurance Services 65.0% 3.0% Single multiplier across the state 100% of NCIS
Indemnity Ins Co of North America Rain and Hail 66.0% 5.0% Single multiplier across the state 100% of NCIS
NAU Country Insurance Co.   66.5% 5.0% 3-tiered rate structure 100% of NCIS
Nodak Insurance Company   56.7% 5.0% 2-tiered rate structure 100% of NCIS
Producer's Agricultural Insurance Company Producers Ag 69.0% 5.0% Single multiplier across the state 90% of NCIS
Rural Community Insurance Company Rural Community Insurance Services 68.0% 5.0% Single multiplier across the state 100% of NCIS
State Farm Fire & Casualty Co. Rain and Hail 66.0% 5.0% Single multiplier across the state 100% of NCIS
Stratford Insurance Company ADM Crop Risk Services, Inc. 68.0% 5.0% 3-tiered rate structure 95% of NCIS
Technology Insurance Company AmTrust Ag 65.0% 3.0% Single multiplier across the state 100% of NCIS


Rates are computed by taking the Loss Cost and multiplying by the appropriate policy form and crop class factors and then dividing by the company's Anticipated Loss Ratio (ALR). The lower a company's ALR, the higher the actual rate.

For more information, please contact the North Dakota Insurance Department.