{"id":538,"date":"2018-06-02T03:11:43","date_gmt":"2018-06-02T03:11:43","guid":{"rendered":"https:\/\/agricultureloan.com\/?p=538"},"modified":"2023-02-07T14:18:32","modified_gmt":"2023-02-07T14:18:32","slug":"federal-crop-insurance","status":"publish","type":"post","link":"https:\/\/agricultureloan.com\/federal-crop-insurance\/","title":{"rendered":"What is the Federal Crop Insurance?"},"content":{"rendered":"
Federal crop insurance offers a variety of insurance for farmers. There are multiple programs to choose from, depending on the types of crops you grow and where you farm. You don\u2019t buy the insurance directly from the federal government. Instead, you buy it from approved insurance agents.<\/p>\n
\nLooking for Current Mortgage Interest Rates? Click Here.<\/a><\/p>\n Keep reading to learn more about this lucrative program.<\/p>\n Crop insurance first began after the Great Depression. It was created in an effort to help rebuild the farming community. Initially, only major crops were covered and only in limited areas. It wasn\u2019t until 1980 that crop insurance became a part of the law with the \nFederal Crop Insurance Act of 1980<\/a>.<\/p>\n It wasn\u2019t until 1994 that federal crop insurance became what it is today, though. Until that point, the federal government still had to step in and provide relief to farmers that realized destruction. The repeated attempts at providing relief led to the Federal Crop Insurance Reform Act of 1994.<\/p>\n It was at this time that the insurance became mandatory for farmers. It was the only way for farmers to obtain deficiency payments and even help with certain types of funding. This is when catastrophic coverage began. Since that time, the federal crop insurance program has grown and is now better than ever.<\/p>\n \nClick to See the Latest Mortgage Rates.<\/a><\/p>\n Federal crop insurance provides you with a variety of different options, including:<\/p>\n You can find Federal Crop Insurance by shopping around with federally approved agents. You can find a list of approved agents \nhere<\/a>. As with any other type of insurance, make sure you shop around to find the lowest premiums for the protection that you need..<\/p>\n \nClick Here to Get Matched With a Lender.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Federal crop insurance offers a variety of insurance for farmers. There are multiple programs to choose from, depending on the types of crops you grow and… Read More<\/a><\/p>\n","protected":false},"author":12,"featured_media":554,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[228,227,229],"yoast_head":"\nCrop Insurance History<\/h2>\n
The Federal Crop Insurance Plans<\/h2>\n
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