Buying a crop insurance policy is one way to manage the risks of growing crops. A grower should always carefully consider how a policy would work in conjunction with their other risk management strategies to insure the best possible outcome each crop year.

USDA RISK MANAGEMENT AGENCY:

• The coverage is a valuable tool for managing many of the risks involved in producing a crop.
  

• Participation at the Catastrophic Level is an eligibility requirement for other USDA Farm Program disaster benefits.
  

• COVERAGE LEVELS

Catastrophic (CAT) Coverage Level of 50% deductible and a 55% price election. 

Buy-up coverage up 75 percent coverage (in some areas 85 percent). You select the percent of the crop price election that is used to pay of losses.  Price elections are established annually by RMA. 

• COST
  
  USDA’s approach to farm programs includes a strong emphasis on crop insurance, so premiums are subsidized up to 67% to keep coverage affordable. Contact us for a quote on your crop.

TYPES OF RMA COVERAGE AVAILABLE (contact us for more programs in your area):

Actual Production History (APH) — Provide coverage against yield losses due to natural causes such as drought, excessive moisture, hail, wind, frost, insects, and disease.

Dollar Plan — The dollar plan provides protection against declining value due to damage that causes a yield shortfall.

Adjusted Gross Revenue (AGR) — insures the revenue of the entire farm rather than an individual crop by guaranteeing a percentage of average gross farm revenue, including a small amount of livestock revenue. Available in a limited number of counties.

Crop Revenue Coverage (CRC) — Includes a production guarantee combined with a guaranteed base price, providing revenue coverage against production losses and market price fluctuations.

SINGLE PERIL PROGRAMS:

These are available through private carriers, and are designed to add coverage for a peril unique to growing a specific crop.  They usually provide additional coverage for a riskier time period of the growing season and work well when combined with a multiple peril policy.

Citrus Contingent Business Interruption – Protects citrus processors and packers from lost income due to a shortage of fruit to process caused by insured perils (available only in California).

Citrus Freeze – Covers damages due to freezing of Navel and Valencia oranges, lemons, and grapefruit (available only in California).

Grape Freeze – Covers losses caused by freeze to developing grape clusters (available only in California).

Tomato Rain – Covers losses caused by the development of mold or rot or inability to harvest processing tomato crops due to excessive rain (available only in California.)

Crop Fire – Protects an un-harvested crop against loss due to fire or lightning.

Raisin Reconditioning – Covers the cost of reconditioning raisins damaged by rain while drying on trays in the field. Optional coverage for slipping and turning costs is available (available only in California).

Dry Bean Rain – Protects your dry bean crop from physical damage from the time the bean plants are mechanically cut for drying until actual harvest pick-up occurs (available only in California).

Crop Hail – Covers many listed crops against loss due to hail damage.

or, call AgSecure’s toll free number:

1-888-276-7728

This website provides limited information, and the information herein cannot be considered an offer or guarantee of insurance coverage.  Contact AgSecure for more information on programs in your area.