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] |