What is Crop Insurance?
Crop insurance is purchased by agricultural producers, including farmers, ranchers, and others to protect themselves against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in the prices of agricultural commodities.
Common Types of Crop Insurance
Multi-Peril Crop Insurance
You have a big investment sitting out in the field and the weather can change as quickly as your financial stability if you suffer a loss on your crops. Protect your investment from weather related yield losses as well as revenue losses due to decreasing market prices with Multi-Peril Crop Insurance through Nesbit Agencies.
Hail is one of the most common weather conditions that can threaten your crops and your cash-flow. In a matter of minutes, a hail storm can damage a few acres or wipe out a whole crop. Crop-hail insurance is an option to supplement your multi-peril insurance and maximize your coverage. Whatever your situation, Nesbit Agencies has a solution for your farm.
Total Weather Insurance through Climate Corp:
Total Weather Insurance (TWI) is an insurance plan made to cover those top-end bushels from the weather related risks that’s going to have the biggest impact on yields. TWI:
Nobody wants to just break even farming; you want to make a profit. You want those profit bushels that are not covered by your MPCI. How much of that top-end are you willing to risk?
TWI is the only way for you to insure against losing the top-bushels that represent your profit.
Contact us to learn more about the right crop insurance for you.
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