What is Crop Insurance?
Crop Insurance, also known as Multi-Peril Crop Insurance, is purchased by agricultural producers, like farmers and ranchers, to protect against the loss of crops due to natural disasters such as hail, drought, freezes, disease, fire, wildlife or floods. Crop Insurance also protects against the loss of revenue due to declines in prices of agricultural commodities.
Why should I consider Crop Insurance?
If you produce crops of any sort, Crop Insurance is for you. As a farmer or rancher, you can use your Crop Insurance to:
- Financially recover from natural disasters and volatile fluctuations in the market
- Pay your bankers, fertilizers suppliers, equipment providers or landlords
- Purchase production inputs for next season
- Provide confidence to make long-term investments that could potentially increase your production efficiency
To learn more about Crop Insurance and to see if you’re covered, give us a call at 406-952-4343.