Crop insurance represents a key element in a farmer’s risk management plan. Crop insurance provides financial protection to farmers in case of a natural disaster or crop failure. To provide financial protections, USDA’s Risk Management Agency (RMA) approves, subsidizes, and regulates policies that protect against risks associated with yield and risks associated with revenue. These policies are sold by private insurance agents. Federal crop insurance is currently available for over 100 different crops. For crops not eligible for coverage under a crop insurance policy, USDA’s Farm Service Agency offers the Noninsured Assistance Program (NAP) for those crops not currently eligible for crop insurance coverage. Both crop insurance and NAP provide producers with protections against natural disasters or crop failures and help to ensure that farmers will survive the disasters.
Visit the UM Extension Crop Insurance Website
