Below is the last 8 years of history for Contra Costa County California. If you are close to this area, the below should be used as a guideline. I'd be glad to send you the data for your county. As you will see, the insurance premium for this coverage is $14.00 per colony per year. In 2013 the Indemnity or payment from the insurance company was $67.00. 2012 $38.00 ; 2011 $25.00 ; 2010 $6.00 ; 2009 $17.00 ; 2008 $57.00 ; 2007 $33.00 and 2006 $29.00. As you can see in only 1 of the last 8 years, 2010 did you not get your $14.00 back. If we take the average of the 8 years your indemnity was $34.00 per hive. Take the $14 premium out and it gives a profit of $20 per hive per year added to your bottom line.