Most crop insurance policies have provisions and coverage related to planting. These are late planting, replanting, and prevented planting. Farmers need to know what is in effect for their individual policy. The final planting date for peanuts is May 25th. To qualify for full coverage the crop must be planted prior to it's final planting date.
Coverage is reduced depending on the number of days planting is delayed after the deadline.
Once the crop is planted, if allowed by the crop insurance provisions, a replant payment may be made if the crop must be replanted. Consent must be given by the insurance company and criteria contained in the crop provisions met. Replant payments will be the actual cost of replanting but cannot exceed the amount established for the crop. Growers are encouraged to notify their agent at the first sign that they are encountering difficulty and they believe one of the 3 provisions may apply to their situation. USDA's Risk Management Agency expects farmers to replant if practical, even if planting is delayed.