Cameron Real Estate Group
Local crops provide food and resources. Crops have significant importance to society; therefore, insurance for crops is offered by the federal government for protection. Check out this guide if you would like to learn more about crop insurance and how it protects farmers.
Crop insurance offers farmers protection in the case of damage and loss to crops. It covers natural disasters such as extreme storms and drought. It also covers revenue loss due to extreme price swings in the market.
Multiple peril crop insurance protects farmers from a list of perils, while some specific policy types, such as crop hail insurance, are more specialized coverage. Depending on the region where the farm is located, other coverage might be necessary.
Terms and rates of crop insurance are determined by the Federal Crop Insurance Corporation (FCIC). This keeps prices consistent across the industry. Due to this, private insurance companies compete through providing great customer service, and by providing additional products and services to clients.
Agricultural producers and farmers are the primary purchasers of crop insurance. It’s mostly geared towards farms growing wheat, cotton, corn and soybeans, but other crops are included as well.
Crop insurance is essential to the agricultural industry for providing protection in case of unforeseen perils. With this coverage, farmers can have greater peace of mind about protecting their
Mike Proulx prides himself on a willingness to go above and beyond for his clients. Everyone's needs are different, and he works hard to find the right solution. Cheerful and upbeat by nature, he's always upfront, honest and will never advise something that is not in his client's best interest. His specialty is residential real estate - buying homes directly with a smooth and easy transaction, even if they require extensive repairs or a quick sale. He can handle everything from land sales to luxury homes and multi-unit investment properties.
