Crop Insurance 101
Crop Insurance 101
What is crop insurance? It is a public-private partnership that forms the centerpiece of U.S. farm policy and helps American farmers manage risk.
Crop insurance is a unique program where taxpayers, farmers and private insurance companies all share in the risk.
Crop insurance is like other kinds of insurance. The more people it covers, the more people there are to shoulder risk. And the more people there are to shoulder risk, the cheaper coverage is for everyone. Remove participants, and things get riskier…and more expensive.
Crop Insurance 101
Crop Insurance 101