AR CROP HAIL INSURANCE
1. What is crop hail insurance?
o A) Insurance that only covers tornado damage
o B) Insurance that protects crops against damage from hail and
other named perils
o C) Insurance that only covers wheat crops
o D) Insurance that covers all weather-related losses
o ANSWER : B
2. Crop hail insurance in Arkansas is typically sold by:
o A) Only government agencies
o B) Private insurance companies
o C) Farm cooperatives exclusively
o D) The Arkansas Department of Agriculture
o ANSWER : B
3. Which of the following is NOT typically covered under basic crop
hail insurance?
o A) Hail damage
o B) Fire damage
o C) Drought damage
o D) Wind damage (if included)
o ANSWER : C
,4. Crop hail insurance can be purchased:
o A) Only at planting time
o B) At any time during the growing season until shortly before
harvest
o C) Only after a crop is damaged
o D) Only in the winter months
o ANSWER : B
5. The primary purpose of crop hail insurance is to:
o A) Guarantee a profit for farmers
o B) Protect against physical damage to growing crops
o C) Replace federal crop insurance
o D) Cover marketing losses
o ANSWER : B
6. Crop hail insurance policies are generally:
o A) Standardized by the federal government
o B) Identical across all states
o C) Varied by individual insurance companies
o D) Issued only by one national company
o ANSWER : C
7. In Arkansas, which crop is commonly insured against hail damage?
o A) Bananas
o B) Rice
o C) Pineapples
o D) Coconuts
o ANSWER : B
8. Crop hail insurance premiums are based on:
o A) The farmer's age only
o B) Crop type, location, coverage level, and loss history
, o C) Only the size of the farm
o D) The color of the farmer's equipment
o ANSWER : B
9. Which statement about crop hail insurance is TRUE?
o A) It replaces the need for MPCI
o B) It can supplement federal crop insurance
o C) It is mandatory for all Arkansas farmers
o D) It only covers corn
o ANSWER : B
10.Crop hail insurance indemnities are typically paid:
o A) Five years after the loss
o B) Before the loss occurs
o C) Shortly after loss adjustment
o D) Only at tax time
o ANSWER : C
11.The deductible in crop hail insurance:
o A) Is always 50%
o B) Can be selected by the insured to affect premium costs
o C) Does not exist
o D) Is set by the federal government
o ANSWER : B
12.Arkansas farmers may purchase crop hail insurance to cover:
o A) Only organic crops
o B) Various crops including cotton, soybeans, rice, and corn
o C) Only experimental crops
o D) Livestock exclusively
o ANSWER : B
, 13.The coverage period for crop hail insurance typically:
o A) Lasts year-round
o B) Extends from when the crop emerges until harvest or a specific
date
o C) Only covers one week
o D) Never ends
o ANSWER : B
14.What does "named peril" insurance mean in crop hail policies?
o A) Only covers losses from specifically listed causes
o B) Covers all possible losses
o C) Only covers losses named after storms
o D) Requires naming your farm
o ANSWER : A
15.Crop hail insurance can typically be purchased:
o A) Only from government offices
o B) From private insurance agents and companies
o C) Only online
o D) Only at county fairs
o ANSWER : B
16.Which factor does NOT typically affect crop hail insurance
premiums?
o A) Crop type
o B) Geographic location
o C) Farmer's hair color
o D) Historical hail frequency
o ANSWER : C
17.Crop hail insurance provides coverage on a:
o A) County-level basis only
1. What is crop hail insurance?
o A) Insurance that only covers tornado damage
o B) Insurance that protects crops against damage from hail and
other named perils
o C) Insurance that only covers wheat crops
o D) Insurance that covers all weather-related losses
o ANSWER : B
2. Crop hail insurance in Arkansas is typically sold by:
o A) Only government agencies
o B) Private insurance companies
o C) Farm cooperatives exclusively
o D) The Arkansas Department of Agriculture
o ANSWER : B
3. Which of the following is NOT typically covered under basic crop
hail insurance?
o A) Hail damage
o B) Fire damage
o C) Drought damage
o D) Wind damage (if included)
o ANSWER : C
,4. Crop hail insurance can be purchased:
o A) Only at planting time
o B) At any time during the growing season until shortly before
harvest
o C) Only after a crop is damaged
o D) Only in the winter months
o ANSWER : B
5. The primary purpose of crop hail insurance is to:
o A) Guarantee a profit for farmers
o B) Protect against physical damage to growing crops
o C) Replace federal crop insurance
o D) Cover marketing losses
o ANSWER : B
6. Crop hail insurance policies are generally:
o A) Standardized by the federal government
o B) Identical across all states
o C) Varied by individual insurance companies
o D) Issued only by one national company
o ANSWER : C
7. In Arkansas, which crop is commonly insured against hail damage?
o A) Bananas
o B) Rice
o C) Pineapples
o D) Coconuts
o ANSWER : B
8. Crop hail insurance premiums are based on:
o A) The farmer's age only
o B) Crop type, location, coverage level, and loss history
, o C) Only the size of the farm
o D) The color of the farmer's equipment
o ANSWER : B
9. Which statement about crop hail insurance is TRUE?
o A) It replaces the need for MPCI
o B) It can supplement federal crop insurance
o C) It is mandatory for all Arkansas farmers
o D) It only covers corn
o ANSWER : B
10.Crop hail insurance indemnities are typically paid:
o A) Five years after the loss
o B) Before the loss occurs
o C) Shortly after loss adjustment
o D) Only at tax time
o ANSWER : C
11.The deductible in crop hail insurance:
o A) Is always 50%
o B) Can be selected by the insured to affect premium costs
o C) Does not exist
o D) Is set by the federal government
o ANSWER : B
12.Arkansas farmers may purchase crop hail insurance to cover:
o A) Only organic crops
o B) Various crops including cotton, soybeans, rice, and corn
o C) Only experimental crops
o D) Livestock exclusively
o ANSWER : B
, 13.The coverage period for crop hail insurance typically:
o A) Lasts year-round
o B) Extends from when the crop emerges until harvest or a specific
date
o C) Only covers one week
o D) Never ends
o ANSWER : B
14.What does "named peril" insurance mean in crop hail policies?
o A) Only covers losses from specifically listed causes
o B) Covers all possible losses
o C) Only covers losses named after storms
o D) Requires naming your farm
o ANSWER : A
15.Crop hail insurance can typically be purchased:
o A) Only from government offices
o B) From private insurance agents and companies
o C) Only online
o D) Only at county fairs
o ANSWER : B
16.Which factor does NOT typically affect crop hail insurance
premiums?
o A) Crop type
o B) Geographic location
o C) Farmer's hair color
o D) Historical hail frequency
o ANSWER : C
17.Crop hail insurance provides coverage on a:
o A) County-level basis only
