IMPORTANT NOTE - The following is an archived page on hybridwalnut.com, which is no longer marketing trees for American Forestry Technology, AFT, SECHE-O, etc. However, hybridwalnut.com continues to offer the genetically superior timber trees (including the Purdue-source grafted black walnut trees and their superior seedlings) and other quality landscape trees, which are now available for purchase online. We will be happy to send you printed material for our online products if you submit this form. The hybridwalnut.com archived pages contain probably the most complete collection available of the technical aspects of successfully growing veneer grade timber, collected by yours truly over the course of many years. These technical guidelines remains relatively constant, but the marketing information on the archived pages is out-of-date. Therefore, if you find this page to be of interest, I suggest you print it out or something because I do not intend to keep it live forever...

Best regards,
John Neidigh
Owner, hybridwalnut.com

INSURANCE ON TREES NOW AVAILABLE!

Reprinted from Black Walnut Tree Topics, volume 5 number 3, summer 1997

After Working with Ken Clark Insurance Agency and IGF Insurance Company for two years, ABWA is pleased to announce this long-awaited program

Over the past five years, many plantation owners have expressed an interest in obtaining insurance coverage on their plantations. As their trees have grown in size and value, owners have become more and more concerned about covering themselves against possible catastrophic loss. With the amounts of time, effort, and money that plantation owners have invested in their trees, insuring them against loss has become an idea whose time has come. For most plantation owners, it's the sensible thing to do.

Both Ken Clark Agency and IGF Insurance have worked hard over the past two years to put together a program with affordable premiums and extensive coverage of the most common perils.

HIGHLIGHTS

According to the policy, insurance is provided against unavoidable damage to trees resulting from the following perils:

  • Wind
  • Ice
  • Fire
  • Lightning
  • Theft, Vandalism and Malicious Michief
  • Fire Department Service Charge

The unit coverage is an acre, except in the case of lightning, in which case the unit of coverage is a single tree. The limits of insurance, deductibles, and minimum losses apply to each unit of coverage. For example, a loss in a given acre cannot exceed the per acre limit as listed in the Schedule of Insurance.

Awards are based on the percentage of loss of the actual cash value, limited by the amount of the insurance purchased and the deductible.

The annual premium starts out at 90 cents per $100 coverage up to $10,400 in the tenth year. It rises to $1.10 per $100 coverage in the 34th year for a single acre of coverage of up to $1,000,000. The minimum annual premium is $300.

After a lengthy and meticulous review process, the policy has been approved in the following states: INDIANA, ILLINOIS, OHIO, MICHIGAN, WISCONSIN, IOWA, MISSOURI, TENNESSEE, KENTUCKY, and MINNESOTA. Approval is pending in MISSISSIPPI and ARKANSAS. Filings for the following states will be made shortly: GEORGIA, NORTH CAROLINA and SOUTH CAROLINA.

For more information, contact KEN CLARK INSURANCE at (800) 258-5471.

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