Below is the last 8 years of history for Madison County Nebraska. 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 $11.00 per colony per year. In 2013 the Indemnity or payment from the insurance company was $26.00. 2012 $41.00 ; 2011 $31.00 ; 2010 $22.00 ; 2009 $38.00 ; 2008 $16.00 ; 2007 $7.00 and 2006 $26.00. As you can see in only 1 of the last 8 years, 2007 did you not get your $11.00 back. If we take the average of the 8 years your indemnity was $26.00 per hive. Take the $11 premium out and it gives a profit of $15 per colony per year added to your bottom line.
Give me a call at 402-360-2626 for a presonalized proposal.