Attention farmers and specialty crop producers!
Have you considered options for insuring your farm? Not sure what crop insurance policy works for your unique operation? There are crop insurance options tailored to your needs, and the deadline is coming up soon!
February 28th is the latest you can apply for crop insurance for 2017
Crop insurance can be a valuable risk management tool for your farm and can help your operation be more resilient. It can also open more doors for capital, lending, and other programs to build your business!
Check out the following information on crop insurance policies that are designed to work for your small farm or specialty crop operation:Non-insured Disaster Assistance Program (NAP)
United States Department of Agriculture Farm Service Agency
“NAP provides financial assistance to producers of non-insurable crops to protect against natural disasters that result in lower yield or crop losses, or prevents crop planting.”
Whole Farm Revenue Protection (WFRP)
United States Department of Agriculture Risk Management Agency
“WFRP provides a risk management safety net for all commodities on the farm under one insurance policy. This insurance plan is tailored for any farm with up to $8.5 million in insured revenue, including farms with specialty or organic commodities (both crops and livestock), or those marketing to local, regional, farm-identity preserved, specialty, or direct markets.”
- Make sure you have the proper documentation to be eligible for crop insurance.
Basics to Recordkeeping Guide (includes record-keeping requirements for crop insurance)
- Determine what kind of crop insurance might be best for your operation.