Whether it’s almonds in California, apples in Washington, or cherries in Michigan, there is a Federal Crop Insurance Policy to help manage your risk. In fact, the USDA’s Risk Management Agency (RMA) protects 76 different specialty crops that account for over $20 billion in liabilities. Below we’ll c
The USDA Risk Management Agency developed the Rainfall Index Pasture, Rangeland and Forage (PRF) insurance program to provide coverage against lack of rainfall. Available in the 48 contiguous United States, PRF insurance was created because ranchers and hay producers were historically unable to insu
Margin Protection (MP) might be a fit to insure your operation if: You want to protect your operating margin (difference between expected revenue and expected costs), You are interested in 95% coverage levels on a federally subsidized product, You want a county-based revenue policy, but you don't wa
The USDA Risk Management Agency (RMA) offers three federally subsidized insurance programs specific to livestock producers . These programs include: Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), Dairy Revenue Protection (DRP) Additionally, the Rainfall Index insurance program includ
What Is Multi Peril Crop Insurance? The USDA Risk Management Agency (RMA) offers Multi Peril Crop Insurance (MPCI) coverage for numerous crops throughout the United States. Available for more than 100 different crops (though not all crops are covered in every region), MPCI protects farmers against
Since our founding, FBN® has revolutionized the ag sector by using innovative technology to improve data transparency and accessibility in an effort to put Farmers First®. Today, we apply that same data- and technology-driven approach to develop the best insurance for farmers. With the goal of makin
Livestock Risk Protection (LRP) protects cattle and swine producers against declining market prices and gives them peace of mind. There are different coverage levels and we’ll explain the benefits of how LRP could work for your operation. Coverage on a Per Head Basis LRP coverage is based on a per a
The Rainfall Index - Annual Forage (RI-AF) Insurance program allows livestock and hay producers to purchase an insurance policy designed to provide coverage against the lack of precipitation on acreage planted annually to forage, graze or as hay for livestock. RI-AF is currently offered in Texas, Ok
Deciding on whether or not to purchase crop-hail insurance is an important decision for your operation. But knowing how much coverage you need and when to consider market price fluctuations aren’t always so clear. Here are some tips on helping you make the right choice. How Much Hail Coverage Do I N
With an active storm season this year, you need to know how to protect your operation against damaging losses. FBN ® offers crop-hail insurance that is often acre specific in the event of damaging storms. In the video listed below, FBN Crop Insurance Agent Mark Miller explains how a crop-hail policy