Crop Insurance in Manchester, IA and surrounding areas
If you are an agricultural producer, including farmers and ranchers, you will want to invest in crop insurance to protect your crops properly. Crop insurance is used to financially protect against loss of crops due to natural disasters or loss of revenue due to a decline in prices of agricultural commodities. To learn more about crop insurance and what type of policy may be right for you, talk to a Dolan Insurance Agency agent today.
Types of Crop Insurance
What Is Multiple Peril Crop Insurance (MPCI)?
MPCI helps cover crop losses and lower yields due to natural disasters. The following are some of the covered disasters:
- Destructive weather (hail, frost, damaging wind)
- Disease
- Drought
- Fire
- Flooding
- Insect damage
Not all crops are covered by this insurance, but there are more than 120 crops covered by MPCI. Policies must be purchased for each growing season by the designated deadline and before the crop is planted. If not purchased when necessary, you may not have coverage for that growing season.
What Is Crop-Hail Insurance?
Crop-hail insurance is for farmers in an area where hail is frequent. This coverage is most common for high-yielding crops as a supplement for MPCI. Hail can completely destroy a portion of crops, so crop-hail insurance oftentimes has low or no deductible. Due to limitations, this policy is less common than MPCI and can be purchased at any point in the growing season.
Learn More About Crop Insurance
At Dolan Insurance Agency, we’re here to help you receive the insurance coverage you need to keep your crops and revenue protected. To learn more information on how crop insurance can benefit you, contact your agent today.