Why might farmers choose to frequently reassess their crop hail insurance needs?

Farmers often choose to frequently reassess their crop hail insurance needs to ensure that their coverage aligns with changes in agricultural practices and environmental conditions. As farming techniques, crop types, and weather patterns evolve, the risk exposure for crops may change. For instance, if a farmer transitions to a more vulnerable crop or if local weather conditions become more severe, their previous insurance coverage might no longer adequately protect their investments.

Regular reassessment allows farmers to adapt their coverage to reflect current risks. This ensures that they have adequate financial protection against potential hail damage. Additionally, as farmers expand operations or alter their planting strategies, their insurance needs may also change, necessitating a review of their policies to ensure comprehensive coverage tailored to their specific circumstances.