Patents by Inventor Gary Donald Schnitkey

Gary Donald Schnitkey has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • METHOD AND APPARATUS FOR INSURING AGAINST CROP LOSSES
    Publication number: 20120310679
    Abstract: A method and apparatus for insuring farm crops against low crop yields includes insuring a farm enterprise gains low crop yields averaged across the farm enterprise. The farm enterprise being insured against a crop yield below a first percentage of historical crop yields for the farm enterprise. The farm enterprise also being insured against a low crop yield for crop units, such as fields, wherein the crop unit is insured against a crop yield below a second percentage of historical crop yields for each insured crop unit. An insured loss occurs if the average yield for the farm is below the first percentage. An insured loss also occurs if the yield of one or more farm units is below the second percentage even if the average yield for the farm is above the first percentage.
    Type: Application
    Filed: June 4, 2012
    Publication date: December 6, 2012
    Inventors: Kent Dana Olson, Bruce John Sherrick, Gary Donald Schnitkey