Crop Insurance in Kerman, CA & Fresno, CA
Crop insurance policies protect 380 million acres of land in the United States, which is more than 90% of insurable farmland. The program provides hundreds of millions of dollars in indemnity payments to farmers each week. While crop insurance was originally available for major crops—such as corn, cotton and wheat—it now offers unique coverage on 130 different crops, including most fruits and vegetables.
Crop insurance availability has taken off in the past 25 years for good reason. Today’s farmers must turn out more products and achieve higher yields than ever before to stay in business. For that reason, there are several reasons to carefully consider investing in crop insurance—or if you already have it, re-evaluating your current coverage. Contact Reynolds Insurance Services to learn more about your insurance options.
Why Do I Need Crop Insurance?
A single bad growing season can put farmers—especially new farmers without large cash reserves—out of business permanently. Drought, flooding, unusual weather patterns and pests can endanger crops and contribute to a low yield. But, crop insurance protects policyholders from such losses. Price decreases are generally also covered, so you’ll have a safety net if the price you receive for your crop goes down between planting and harvesting.
In addition to the financial protection of your crops, by having crop insurance, farmers can capitalize on other opportunities:
Engage in long-term business planning due to stable cash flow
Invest in the company’s future more easily since lenders know you can repay loans
Access new technology and innovation, which can lead to even higher crop yields
Don’t dismiss crop insurance as a financial burden, but rather think of it as an investment. It gives assurance you will stay in business after a bad loss and creates the possibility of thriving well into the future.
How Do I Get Crop Insurance?
With all the money you invest into your farm fields—rent, seeds, fertilizer, labor and production costs—crop insurance gives you peace of mind knowing an unavoidable peril won’t bankrupt you. Insurance policies vary depending on factors such as type of crop and growing region.
Reynolds Insurance Services can work with you to make sure your policy fits your unique farming needs in California. Call us at
today or request an online quote.