The weather can be unpredictable and cash crop farming can be vulnerable to it. You can help manage the risks that come from Mother Nature with crop insurance.
Cash crop insurance is farm insurance that covers your home, buildings, equipment, machinery, and liability. Most importantly, your crops will be covered.
Why is cash crop insurance needed?
Insurance for cash crops is farm insurance for a range of operations like wheat, corn, beans, hay, oats, rye, fruit, ginseng, vegetables, and other crops. You rotate between specific crops and sell them at the best times, but you also need to manage weather-related risks, like too much rain or not enough.
Cash crop insurance is for you if your farm:
Is your main source of income
Is a family-owned or independent corporation or partnership
Has been in business for three years or longer
Has management and quality control practices
Has modern machinery and facilities
What does cash crop insurance cover?
Cash crop insurance offers a wide range of coverage that can be tailored to your farm. It covers:
Harvested crops and spoilage because of power interruption or breakdown
Fleet coverage for tractors, trailers, and trailer trains