Spring crop insurance deadline nears
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[February 20, 2013]
SPRINGFIELD -- Producers of
spring-planted crops who are interested in buying crop insurance, or
making a change to an existing policy, can do so until the March 15
sales closing date.
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Brian Frieden, director of USDA Risk Management Agency's
regional office in Springfield, urges producers to contact a
crop insurance agent for details. Agents can help producers
determine what policy works best for their operation and review
a current policyholder's existing coverage to ensure the policy
meets their needs.
Crop insurance can protect producers from natural disasters
like last year's drought, which affected crop yields across the
country. Producers have a number of coverage choices, including
yield coverage, revenue protection and group policies. Revenue
protection safeguards a producer from yield losses and price
movement. Group policies offer coverage based on county yield
data and are available in most counties.
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The Risk Management Agency is the part of the United States
Department of Agriculture that administers the federal crop
insurance program. Private insurance companies, approved by the
Risk Management Agency, sell and service the policies. These
companies have crop insurance agents who work with producers
directly. A list of crop insurance agents is available at all
USDA Service Centers and at
http://www.rma.usda.gov/tools/agent.html.
[Text from file received from
USDA Risk Management
Agency, Springfield] |