Yield and revenue are different
Some USDA-supported plans use production history to establish yield protection; other plans use a revenue measure. The crop provisions define the calculation, eligible causes and available choices.
Business insurance
Crop plans can address different yield or revenue risks. Available plans, deadlines and terms depend on the crop, county and policy.
Understanding your options
Crop insurance plans address specified agricultural production or revenue risks. USDA Risk Management Agency materials explain that availability varies by crop and county and that each policy includes specific provisions.
Coverage, eligibility, limits and exclusions depend on the insurer and policy. Review the actual policy documents before making a decision.
A closer look
Some USDA-supported plans use production history to establish yield protection; other plans use a revenue measure. The crop provisions define the calculation, eligible causes and available choices.
Plan availability and deadlines can vary by county, crop and growing season. Review the applicable program information before the sales closing date rather than assuming last year’s dates apply.
A complete application may require acreage and production records. Review reporting obligations, coverage attachment and loss-notice procedures in the policy; keep personal and financial records out of the initial web message.
Before you reach out
Common questions
No. USDA explains that program availability varies by crop and county. Check the applicable county and crop information for the crop year.
A yield plan measures covered production shortfall under its terms; a revenue plan uses a defined revenue measure. Each plan has its own provisions and eligibility rules.
No policy should be assumed to cover every loss. Check the insured causes, conditions, exclusions and reporting requirements in the particular crop provisions.
Before the applicable sales closing date. Application and reporting dates differ by crop, county and crop year.
Start a conversation
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