Production Insurance
Grapes and grapevines

Rates

​​​​​​​​​​​​​​​ These base premium rates are provided for information purposes only. For your own rates and for any surcharge and discount you may have, please refer to your coverage confirmation.

2022 Premium ​​​​​​rates​ for grapes

Grape Category​Customer base premium rate by coverage level
(% of total liability) ​
70%75%80%85%​
90%​
Hybrids1.44%1.59%1.76%1.95%
2.15%​
Labrusca2.06%
2.27%2.51%2.79%
3.06%​
Vinifera2.89%3.18%3.52%4.05%4.82%​

​2022 ​Customer premium rates and claim prices for ​​gra​​pevines

For grape claim prices, see Grape Claim Prices.​

Grapevine category
Standard coverage
(no cost)
Additional coverage​
Claim price
($/vine)
Deductible
(% of vines)
Deductible
(% of vines)
Premium
(% ​of total liability)
Hybrid12.5%5.0%0.15%$16.82
Labrusca12.5%3.0%​0.18%$18.40
Vinifera12.5%8.0%0.08%$14.50

​​​Calculating​ your annu​​al Production Insurance premium

Your annual premium is based on:

  • Base premium rate
  • Guaranteed value
  • Discounts and surcharges (D or S)

The premium is calculated using​​ this formula:

Annual premium = base premium rate ​​× guaranteed value × D or S

Base premium r​​​ate

The base premium rate is determined at renewal time each year. It may change due to factors like past performance of the plan, changes to claim prices and the level of the Ontario Agricultural Products Insurance Fund.

Guaranteed va​​​lue

Your guaranteed value is determined by multiplying your guaranteed production by your selected claim price.

Guaranteed value = guaranteed production × selected claim price

Guaranteed value for Brix varieties = your historical yield × claim price based on your final average Brix

Discounts and ​​su​​rcharges

If you have been enrolled in a Production Insurance plan for more than one year, your premium rate may be discounted or surcharged. Discounts and surcharges are determined by comparing your individual claim rate to the claim rate for the crop plan as a whole.

For more information, see the Discounts and Surcharges feature sheet.






Canadian Agricultural Partnership – Agricorp – Ontario – Canada