Shelley E. Huguley
Tiffany Lashmet discusses PRF or “rainfall” insurance in her latest Texas Agriculture Law Blog and how to analyze whether to purchase.
The Pasture, Range, and Forage Insurance (PRF) deadline to sign up for coverage for 2023 is on December 1. Often referred to as “rainfall insurance,” this product can be a useful risk management tool for landowners and livestock producers. The product provides insurance coverage for grazing pastures, rangeland, and perennial forage acres.
Essentially, PRF allows a landowner to…