Why Crop Insurance
Economic security
We all want healthy, fresh food for our families. America's farmers and ranchers provide that and more to your family and families around the world. Crop insurance provides access to capital and enables farmers to increase crop yields, improve efficiency and remain competitive in global markets. A healthy farm economy is essential to the financial stability of the US economy.
Guaranteed by insurance
In 2022, the Crop Insurance Program paid out more than $14 billion in compensation to farmers who purchased crop insurance across the United States. Crop insurance provides a safety net against perils like snow, drought, flood and hail. Without a robust crop insurance program, uncontrollable changes in weather can undermine the financial security of individual farmers and put the entire agricultural economy at risk.
American made products
Farmers and ranchers don't just grow food; They grow plants that provide fiber for our baby blankets, cozy sweaters, wedding gowns, and feed for livestock that provide raw materials for hundreds of essential products.
Ensuring affordability
Every day we depend on products and products made by America's farmers and ranchers. They depend on crop insurance as an essential business tool in today's tough agricultural economy. In an increasingly volatile business environment, crop insurance provides an important measure of stability to America's agricultural producers. Access to affordable crop insurance allows American farmers to continue to provide affordable food to America and the world.
Comments
Post a Comment