The Spanish citrus insurance subscription period for the 2024 campaign begins on March 1

Fresh Lime

Published Mar 1, 2024

Tridge summary

The subscription period for citrus insurance begins on March 1, with coverage for hail risks and exceptional risks starting from April 1. The policy can be modified during the campaign, with the start of subscription and guarantees of complementary insurance brought forward to May 15. The insurance covers a range of weather-related damages including hail storms, wind, rain, floods, pixat damage, and frost. In 2023, Agroseguro compensated citrus producers with 92.4 million euros, marking a 77% increase from the previous year.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

On Friday, March 1, the subscription period for citrus insurance (orange, tangerine, lemon, lime and grapefruit) begins. As in the last campaign, this start date allows for contracts with enough time to cover possible early claims, since the coverage of hail risks and exceptional risks is brought forward to April 1, and allows for subsequent modification of the policy. , if necessary. Last year, a significant portion of insured citrus growers already signed up for insurance in advance and began April with a policy in force and protection against these early, increasingly frequent and violent accidents. In fact, during the first week there were wind accidents on farms in Tarragona, Castellón and Valencia that were covered by agricultural insurance for those producers with a policy signed for that date. Fortunately, the early hail storms spared the Mediterranean area, but hit the interior of the peninsula with force, causing million-dollar losses in agricultural production in ...

Source: InfoAgro