When does hail insurance coverage expire?

Hail insurance typically expires at 12:01 am on a specified date, which is set forth in the insurance policy. This specific expiration time allows for coverage until the end of the day before the specified date, effectively ensuring that policyholders are aware of the exact moment their coverage ends. Crop insurance is designed to provide protection against specific losses, and knowing the precise expiration time is crucial for farmers, as it influences their risk management strategies and decisions regarding crop protection.

Other options do not accurately reflect the standard practices for hail insurance coverage. Coverage does not end at midnight on the purchase date, nor does it continue indefinitely for a year or until the end of the crop season unless specified in the policy terms. Thus, it’s vital for insured parties to be informed about their policy's coverage durations and any critical dates associated with their insurance.