Home > News > Crop Insurance Social Share | March 2017

Crop Insurance Social Share | March 2017

Posted April 21, 2017
in Infographics

With crop insurance, farmers put “skin in the game,” paying between $3.5 billion and $4 billion in premiums each year.

Crop Insurance Social Share - Farmers pay 3.5 to 4 billion dollars a year out of their own pockets in crop insurance premiums.

“The vast majority of Americans recognize the need for a strong farm safety net.” — Rep. Mike Conaway (R-TX), Chairman, House Committee on Agriculture.

Crop Insurance Social Share - The vast majority of American recognize the need for a strong safety net.

Every year, farmers hope they don’t need crop insurance, but when disaster strikes, it provides critical support.

Crop Insurance Social Share - Every year, farmers hope they don’t need crop insurance, but when disaster strikes, it provides critical support.

By the Numbers: Following the 2012 drought, crop insurance saved 20,900 jobs in Iowa, Nebraska, South Dakota and Wyoming alone, according to Farm Credit Services of America.

Crop Insurance Social Share - Following the 2012 drought, crop insurance saved 20,900 jobs in Iowa, Nebraska, South Dakota and Wyoming alone, according to Farm Credit Services of America.

“Crop insurance offers risk protection … and when disaster strikes, the indemnity check is in our bank account much sooner.” — Amy France, Kansas Farm Bureau

Crop Insurance Social Share - Crop insurance offers risk protection ... and when disaster strikes, the indemnity check is in our bank account much sooner.

By the Numbers: Farmers must have documented losses of 25 percent, on average, before insurance coverage kicks in.

Crop Insurance Social Share - Farmers must have documented losses of 25 percent, on average, before insurance coverage kicks in.

Thank you, Ag Secretary Nominee Sonny Perdue for pledging to support crop insurance!

Crop Insurance Social Share - Thank you, Ag Secretary Nominee Sonny Perdue for pledging to support crop insurance!

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