What Kinds of Crop Insurance Are There?

What Kinds of Crop Insurance Are There?

As of 2022, two major kinds of crop insurance are available to American agricultural producers: multiple peril crop insurance, and crop-hail insurance. They are not mutually exclusive of one another. Indeed, a farmer or rancher may decide to purchase both types of...
What Is Crop Insurance?

What Is Crop Insurance?

Crop insurance is not a new thing. The Mecklenburg Hail Insurance Association was formed in England in 1797 to provide the first crop-hail insurance, and a group of Connecticut tobacco farmers joined to form their own crop insurance company in the 1880s. Congress...