What is Crop Insurance?
Crop insurance is a form of insurance which is designed to protect farmers from economic damages caused by everything from a radical decline in crop prices to the inability to plant due to drought. Many governments subsidize their crop insurance, with private companies providing policies which are supported by the government. A variety of insurance products are available to farmers, depending on where they farm, what they grow, and what kind of coverage they need, with most services being provided by insurance companies which specialize in crop insurance and related insurance products.
