Crop Insurance Overview by RMA
September 15th, 2008 by David Graves
Buying a crop insurance policy is one risk management option. Producers should always carefully consider how a policy will work in conjunction with their other risk management strategies to insure the best possible outcome each crop year. Crop insurance agents and other agri-business specialists can assist farmers in developing a good management plan.
RMA provides policies for more than 100 crops, a number which would be much higher if every insurance plan available for the crops insured in every county were counted. RMA also conducts studies to determine the feasibility of insuring other crops. Federal crop insurance policies typically consist of the following four items: (1) Common Crop Insurance Policy, (2) the specific crop provisions, (3) policy endorsements and (4) special provisions.
