Production Insurance
Black tobacco


​​2024 Premiu​m rat​​es and claim price

Maximum replant claim price
Claim price Premium rate by coverage level
7​5% 80% 85% 90%
80% of the negotiated processor price for air-cured black tobacco $87.23

​​​ ​​About premiums

Premium rates are cost-shared with government.

  • 60% of premiums is paid by federal and provincial governments, plus all administrative costs.
  • 40% of premiums is paid by customers.

The rates Agricorp publishes represent the customer portion of the premium. Premium rates are set annually and are based on commodity prices and past claims.

Your premium = premium rate × number of acres

If you have been enrolled in the program for more than one year, your premium rate may be discounted or surcharged based on your claim history for the commodity.

For your own premium rates, including any discount or surcharge you may have, see your Renewal Notice.

Claim price

The claim price is calculated as 80% of the negotiated processor price for air-cured black tobacco.

Canadian Agricultural Partnership – Agricorp – Ontario – Canada