Insurance for corn and soybeans?

Greg,

It is not so simple as that. There are numerous ways to insure agricultural production. Insurance plans provide different types of insurance coverage to specific commodities such as: Actual Production History (APH), Actual Revenue History (ARH), Adjusted Gross Revenue (AGR), Dollar Plan, Group Risk Plan (GRP) just to name a few.

If you want to read more about insuring crops go to: http://www.rma.usda.gov/policies/

It is the Risk Management Agency of the U.S. Department of Agriculture. If you are interested in actually buying crop insurance they have a crop insurance agent locator available.

That would depend on the company writing the coverage, the state and territory you reside in, your claim history, the number of acres, the years you've been farming, etc....as you can see, you'll need to contact an agent with the company/companies you're seeking a quote from.

Insurance is applied for. You will have to qualify for the coverage and the premiums will be based on your specific underwriting criteria.

It's not that simple - it also includes location, and is subject to a minimum premium.

where are you?