CROP INSURANCE 101
CROP INSURANCE 101
What is crop insurance? It is a public-private partnership that forms the centerpiece of U.S. farm policy and helps American farmers manage risk.
Cost Sharing
WHY CROP INSURANCE WORKS:
Cost Sharing
Crop insurance is a unique program where taxpayers, farmers and private insurance companies all share in the risk.
Risk Pool

WHY CROP INSURANCE WORKS:
The Risk Pool
Crop insurance is like other kinds of insurance. The more people it covers, the more people there are to shoulder risk. And the more people there are to shoulder risk, the cheaper coverage is for everyone. Remove participants, and things get riskier…and more expensive.
Private Sector Delivery

WHY CROP INSURANCE WORKS:
Private-Sector Delivery
Private-sector delivery is a key strength of crop insurance because time is of the essence when a major loss occurs.