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Still trying to figure out my ECO payment
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fezman
Posted 6/25/2024 09:14 (#10786743)
Subject: Still trying to figure out my ECO payment


Between my sons and myself, the company, Great American, has withheld $15,000 of the payments from one policies for Producer County Yield. I guess my question is did they take it because MY Aph is slightly below the county average? I thought this is a county yield and a county price product. Am i misreading this? I’ve called my agent and they are still working on it. Trying to wrap my thick head around it.
I own a farm in a different county that is pretty rough and way less than county average. Would ECO be a waste of time if they just factor it lower because of my personal yield? I thought it was a simple bet on county revenue, not my personal numbers.
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