A new self-service online platform for crop hail insurance has launched, allowing farmers in Western Canada to quote and purchase crop hail insurance in real time.
The Compass Hail platform enables farmers to purchase coverage directly online. It also creates real-time quotes, so farmers can get their coverage should the weather forecast look ominous, or even purchase additional coverage on the fly.
To use the platform, farmers will have to set up accounts with Compass Hail. With their accounts, farmers can receive insurance rates in real time and build their own list of “Compass Quick Quotes.” Users can also review their quotes on a dashboard and view all of their active policies.
A release said that the platform’s products are backed by Palliser Insurance.
“Palliser remains committed to our customers and with the ever-changing industry, we wanted to ensure that we are serving them in the way that suits them,” said Palliser CEO Ken Doleman. “Now customers can choose between the personalized agent risk management with Palliser and the self-checkout of Compass Hail.”
