Crop Insurance 2019 | What Does Agriculture Insurance Cover?

Crop Insurance 2019 | What Does Agriculture Insurance Cover?


Crop insurance 2019 : Keep America growing Hey it’s Keagan with BriteBee.com where
we take the sting out of insurance searching If you like the sound of that, go ahead
and give us a thumbs up right below. You’ve been searching for crop insurance
2019 and the search results are in: Did you know that more than 300 million
acres of farmland were protected last year through the federal crop insurance
program? That means that there were over 1 million policies issued. That’s a lot
of farming. So to all the farmers out there, thanks for keeping food on our
tables. Let’s not waste any sunlight on frivolous talk. I’m going to speed
through these things, so hold on to your plows. It’s a good joke. What is crop insurance? This is a mouthful, so get ready. Crop insurance is
purchased by agricultural producers including farmers, ranchers, and others to
protect against either their loss of their crops through a natural disaster
or, the loss of revenue due to declines in the prices of Agriculture commodities.
Crop insurance is just like any other insurance policy.
The risk is spread just like most other types of insurance. The more anchors
insured, the more affordable for everyone. Well that’s usually the case. There are
two types of crop insurance: The first is crop hail insurance. From
our research crop hail policies are not part of the federal crop insurance
program, and these are provided by private insurers. In areas of the country
where hail is frequent, farmers will usually purchase crop hail
insurance to protect their high yielding crops. It can usually be purchased any
time during growing season. The second type of crop insurance is multiple
peril crop insurance (MPCI) There are currently fifteen private companies
authorized by the United States Department of Agriculture Risk
Management Agency USDA-RMA to write these policies. That’s a mouthful. This can cover all types of natural causes including droughts, excessive
moisture, freeze and disease. How much does crop insurance cost? Well, this is all up to the federal crop insurance corporation (FCIC). They
established some prices for most of the commodities. Any crop insurance agent is
really important to have, because program guidelines change frequently. Don’t waste
your time trying to keep track of all this. Leave this in the hands of the
trusted crop insurance advisory. If you are looking for crop insurance, we can
only assume that you have a business that needs additional coverage, right?
Some of these coverages are commercial general liability, property coverage,
commercial auto insurance coverage, and many more. But don’t just take our
word for it. It’s important to speak with a licensed insurance agent and expert
on BriteBee.com to find out what type of crop insurance is best for you. Check out
our channel for other helpful tips on business insurance and end your search
with BriteBee.com today and keep the business buzzing. Thanks for watching our video! If you
found this video helpful don’t forget to give us a thumbs up and subscribe to our
Channel Hey it’s Keagan with BriteBee.com where
we take the sting out of insurance searching I should press play I mean this is a mouthful Oh gosh Oh that’s the wrong one

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