Nursery
A business enterprise deriving at least 50% of its gross income from the marketing of wholesale plants.

Crop Insured
The crop insured will be all nursery plants and plant types in each practice, contained on the eligible price list, in which you have a share, that you elect to insure.

Practice
Container grown and field grown are considered separate insurance practices. Each practice can be further divided into distinct basic units by plant type.

Counties Available
The Nursery Crop Insurance policy is available in all counties and in all states.

Insured Causes of Loss
Adverse weather conditions; fire; wildlife; earthquake; volcanic eruption; failure of or reduction in power supply; failure of irrigation water supply due to an insurable cause of loss; a loss in values because of an inability to market the plants due to an insurable cause of loss.

Buy-Up Coverage
The policy provides protection for up to 75 percent of the value of nursery inventories.

Catastrophic Coverage
Catastrophic (CAT) coverage is available at the 50 percent coverage level and 55 percent of maximum price election.

Peak Inventory Endorsement
The peak inventory endorsement allows growers to cover temporary increases in inventory without paying a full year’s premium.

Rehabilitation Endorsement
The rehabilitation endorsement is only applicable to field grown plants damaged by an insured cause of loss. Rehabilitation costs are limited to expenditures for labor and materials for pruning and setup (righting, propping, and staking).

Nursery Growers Price Endorsement (NGPE)
NGPE permits nursery growers who purchase buy-up coverage to insure specific plants at prices higher than those shown on the eligible plant list/plant price schedule.