crop insurance
Farm yield coverage
Crop insurance protects farmers against financial losses from damaged or failed crops.
Policies typically cover weather disasters, disease, pest infestations, or price declines.
In the United States, the federal government heavily subsidizes crop insurance programs: Without crop insurance, one bad drought could wipe out a family farm.
Coverage may be based on actual yields or projected revenue.
- subsidiesFinancial aid from government
- reinsuranceInsurers insuring themselves
- premium ratesAbove-standard pricing tiers
- risk assessmentEvaluating likelihood of harm
- commodity pricesCost of traded raw goods
cash crops · drought resistance · extreme weather events · weather damage · government subsidies · hail damage · disaster preparedness · flood mitigation · agricultural loans · family farm · climate adaptation · harvest time · disease outbreaks · pest infestations · irrigation systems · livestock · policy · protection
- agrarian policyagrarian reform, farm bills, farm bill, farm credit, tenant rights
- benefitsadvantage, healthcare coverage, benefit, health screening, 401k
- insurancecoverage, underwriting, premium, claims, insurer
- drought responsewater rationing, water trucks, water storage, water tanks, emergency relief
- farm economicsfarm economy, farm income, farm loans, farm credit, farm management
- farm expensesfeed, fuel, seed, seeds, fertilizer