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Premium Increase for 2023 Policy Year

At the recent Terrafirma Annual Meeting, the Members Committee voted to increase:

  • Terrafirma’s premium from $63 per insured parcel to $67 per insured parcel effective for policy year 2023 (next year); and
  • Terrafirma’s premium for land trust back-up holders or 3rd party enforcers (in either case where the primary holder is also a Terrafirma member) from $31.50 per insured parcel to $67 per insured parcel effective for policy year 2023.

Current premium discounts and coverage limits remain the same. Read more about this in May's TerraBite.

 

 

 

 

Eligibility Requirements

There are 13 eligibility requirements. Land trusts must respond affirmatively to all eligibility questions in order to participate in Terrafirma. 

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