The insurance unit is the grower's share of all acres of the insured crop in the county. A loss results when the calculated revenue is less than the final guarantee. The difference between these two figures times the insured's share results in a payable indemnity. RC manages risk of forward contracting when the crop is short and the producer has to buy and deliver more expensive grain. Increasing Payment Rate pays after a low yield threshold is reached and carries a reduced deductible.
All insurance policies are available from private insurance agents.
A list of crop insurance agents is available at all county U.S. Department of Agriculture Farm Service Agency offices. Mention of product names or firms does not necessarily constitute endorsement by the Risk Management Agency or the U.S. Department of Agriculture over others not mentioned, and is for information purposes only. Back to top of page.