Menu
Log in

Crop Insurance Basics


History of Crop Insurance

Congress first authorized Federal crop insurance in the 1930s along with other initiatives to help agriculture recover from the combined effects of the Great Depression and the Dust Bowl. The Federal Crop Insurance Corporation (FCIC) was created in 1938 to carry out the program.

How the Crop Insurance Program Works

A crop insurance contract is a commitment between insured farmers and their insurance providers. Either party has the right to cancel or terminate the contract at the end of each crop year. Unless the contract is canceled, it is normally automatically renewed the next year.

The Crop Insurance Cycle

The Insurance Cycle begins each year with the insurance offer. Actuarial documents are published annually by the Risk Management Agency (RMA). The actuarial documents list the plan of insurance, crop, type, variety, and practice that may be insured in a state and county, and show the amounts of insurance, available insurance options, levels of coverage, price elections, applicable premium rates, and subsidy amounts.

Overview of Crop Insurance Policies

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.
Read More

Crop Insurance 101

The Crop Insurance Working Group has prepared 4 one-pagers addressing controversial topics.  They are good sources of information.

Copyright © 2011, Crop Insurance Professionals Association, All rights reserved.

Washington, DC Office

Crop Insurance Professionals Association
174 North Carolina Avenue, SE
Washington, DC 20003
Phone: (202) 215-6645


Membership and Billing Office

Crop Insurance Professionals Association

12023 E CR 6500
Lorenzo, TX 79343
Phone: (806) 577-7193
jill@combest-sell.com

Powered by Wild Apricot Membership Software