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Hail Insurance
(redirected from Crop insurance)

    Also found in: Legal, Wikipedia 0.01 sec.
Hail Insurance
An insurance policy that provides coverage for damage to agricultural crops due to hail. Hail insurance helps reduce the weather-related uncertainty that farmers experience. In the event of an insured loss, damaged crops are compensated for in proportion of the total crop. As with all insurance, one pays a premium for hail insurance coverage.
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Crop insurance protects farmers from financial losses that result from natural causes such as drought, excessive moisture, hail, wind, frost, insects and disease.
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[ILLUSTRATION OMITTED] Crop insurance, written under the jurisdiction of the National Crop Insurance Services, covers growing crops against perils such as hail, wind and fire.
Multiple Peril Crop by Best's Review
The new policy, available once the multi-peril crop insurance policy is with JDRP, insures yield shortfalls below contracted volumes in the event the price to replace the corn rises above the federal crop insurance coverage.
John Deere Risk Protection (JDRP) by Agri Marketing
 
 
 
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