crop insurance

New Crop Insurance Coverage Product Offers More Flexibility

DanEconomy

crop insurance

A recently introduced crop insurance offering known as the Multi-County Enterprise Unit is designed to help provide a low-cost option for producers that allows for better flexibility.  Enterprise Units can now be used on multiple counties, when they were previously only available on a per-county basis. “It’s something that producers have been asking for for a few years,” said USDA Risk Management Agency Administrator Martin Barbre.

The changes to the Enterprise Unit option allows farmers who have cropland in two different counties in the same state to group their acreage under the same crop insurance policy.  “Maybe [a farmer] has some adjoining acreage in another county but that acreage doesn’t qualify on it’s own for an Enterprise Unit, he now has the option of bringing those acres into his other county’s Enterprise Unit and everything will fit under one Enterprise Unit,” said Barbre.

Listen to the report below.

New Crop Insurance Coverage Product Offers More Flexibility
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Brian German

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Ag News Director, AgNet West