Crop Insurance Social Share | March 201704/21/2017
With crop insurance, farmers put “skin in the game,” paying between $3.5 billion and $4 billion in premiums each year.
“The vast majority of Americans recognize the need for a strong farm safety net.” — Rep. Mike Conaway (R-TX), Chairman, House Committee on Agriculture.
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 offers risk protection … and when disaster strikes, the indemnity check is in our bank account much sooner.” — Amy France, Kansas Farm Bureau
By the Numbers: 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!
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