Guizerix. Agricultural climate risks: something new in insurance

the essential
The State and insurers have simplified procedures in order to better compensate claims due to climatic hazards.

During the violent hailstorm last June, farmers complained of insufficient compensation for the losses suffered. They wanted a reform that would provide better coverage. At the same time, the state was considering modifying the compensation process. At the end of October, during a meeting, the local bank of Crédit Agricole took stock of the new provisions now in force. This information was requested by Jean-Michel Le Bihan, he is particularly concerned by this question. Indeed, he is the mayor of the municipality, essentially agricultural; he is a farmer himself; he is chairman of the local bank of the green bank; finally, he chairs the agricultural committee within the Trie-Magnoac intercommunality. Three representatives of Crédit Agricole and its insurance branch moderated the meeting: Christophe Gallego, director of the local branch; Ludovic Le Boulch, head of professional insurance; as well as Jérôme Lussan, manager of the Gers-Nord Bigorre sector. Around fifty farmers took part in this meeting.

A NEW SNSF

Three principles underpin the reform. The State pays for a free guarantee, the FNS (National Solidarity Fund), which replaces the “agricultural calamities” system; the State delegates management to insurers; thus, the interlocutor will be unique; the FNS may be supplemented by another cover; then, compensation by the State will be doubled and the method of calculating losses will be the same for the FNS and for the insurer. In cases where the FNS applies, it will compensate up to 45% for the uninsured and up to 90% for the personally insured. We also note the universality of coverage, all crops are insurable. The meeting was punctuated by discussions with the facilitators. Reviews and questions seemed to mean that, for some, this device was not entirely satisfactory. However, it has the merit of being a simplification of what already exists; the single interlocutor brings a clear clarification. Finally, it leaves everyone free to decide the level up to which they agree to be their own insurer, therefore by their own means.

If the farmer takes out additional insurance, he must take it out with an insurer approved by the State for this type of risk; this insurer will necessarily be unique for the whole farm.

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