Terrafirma has helped land trusts like yours defend their conservation portfolios since March 2013, increasing services along the way. After almost six years of enjoying fixed premium prices, though, rates must go up slightly in 2018.
Challenges have steadily risen over the years, both for Terrafirma members and in the land trust community at large - see this chart for more details.
In early 2017, Terrafirma commissioned an actuarial report indicating that a 5% price change was necessary to keep Terrafirma strong and solvent, and protect the interests of all enrolled members.
As a nonprofit, Terrafirma is dedicated to complete transparency and service to members. See all previous financial reports here.
The cost will rise from $60 per parcel to $63 per parcel starting with the 2018 policy period. Registration opens December 1, 2017 and coverage begins March 1, 2018.
-Letter
-Members Committee page
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