New Crop Insurance Program to Aid Small Farmers
Small farmers and ranchers in North Dakota who once were unable to insure their crops will get a chance to do so in 2015 under a new insurance program.
The Bismarck Tribune reports small and mid-size producers will be able to insure all of their crops, including cattle and other livestock, under one policy.
The provisions come under the newly announced Whole-Farm Revenue Protection program. Among those to be benefited by the program are small organic, specialty crop and vegetable growers, such as those who sell their products at farmers markets.
The program protects producers against low revenue caused by natural disasters and market fluctuations during the insurance year.
North Dakota Agriculture Commissioner Doug Goehring says farmers with a wider diversity of crops will pay less of a premium.
- Credit Suisse Nazi Probe Reveals Fresh SS Ties, Senator Says
- LA County Told to Pause $4B in Abuse Payouts as DA Probes Fraud Claims
- IIHS Rolled out A New Whiplash Prevention Test
- NHTSA Expands Probe into 1.3M Ford F-150 Pickups Over Transmission Issues
- What The Return of California’s ‘Death Discount’ Means for Litigation
- Canceled FEMA Review Council Vote Leaves Flood Insurance Reforms in Limbo
- Adjusters Launch ‘CarFax for Insurance Claims’ to Vet Carriers’ Damage Estimates
- Nationwide Spending $100M on AI to Beef up Claims Efficiency, Customer Experience