Cash Lease Coverage redefines risk management for farmers leasing land in key insured states such as Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Missouri, Nebraska, and Ohio. Stay tuned, as expansion to other states is on the horizon.
Cash Lease coverage is a brand new, first-of-its-kind private insurance product. This innovative policy introduces unparalleled simplicity, cost efficiency and deferred payment options, marking a significant advancement in risk mitigation for farmers who cash rent land in insured states, including Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Missouri, Nebraska and Ohio - with more coming soon. This landmark insurance product is uniquely tailored to safeguard farmers who rely on cash-rented farmland for their operation.
Simplicity and Peace of Mind: Cash Lease coverage offers farmers protection against the risk of defaulting on their cash rent payments. Unlike traditional hedging through the Chicago Mercantile Exchange (CME), this policy is free of complex broker interactions, offering farmers a straightforward, streamlined application process through their trusted, licensed agents.
“The options market is an emotional ride day in and day out. With Cash Lease coverage, you can rest assured knowing that you’re covered,” said one area farmer. Farmers can be at ease knowing that unexpected events, like commodity market drops or weather challenges, will not hinder their ability to fulfill their cash rent obligations.
Customization for Every Farm: This policy is not a one-size-fits-all solution. Farmers can pick and choose which acres they want to insure, aligning coverage with their specific needs. This flexibility reflects a deep understanding of the diverse needs of the farming community.
Cost Efficiency and Deferred Payment: Not only does Cash Lease coverage cut broker fees, it assists farmers with payment of cash lease costs, after income generation from the land. This thoughtful approach to payment corresponds with the farming season, aiding financial stability.
Pioneering Solution for Growth: The introduction of Cash Lease coverage represents a significant stride forward for farmers seeking to expand their horizons. This inventive product equips farmers with the confidence to pursue growth and embrace new opportunities. By providing assurance against unforeseen challenges that might affect rent payments, it’s enabling farmers to think bigger, plan with certainty and focus on what they do best—farming. It's not just about mitigating risks, it's about fostering growth with the peace of mind that they're protected.
Dedication to American Agriculture: “Our support of and belief in this product represents a commitment to supporting American agriculture,” said CommonGround Founder Chris Baumann. “This product not only eases the concerns about cash rental rates, but stands as a symbol of our dedication to helping farming thrive.”
For more information about Cash Lease coverage or to explore this exciting new opportunity, visit commonground.io today.
About CommonGround
CommonGround is a rapidly expanding global land acquisition platform committed to modernizing the land leasing and sales industry. For more information, visit commonground.io or email [email protected].
