Protection is available for a yield reduction loss as well as loss of revenue due to market fluctuations, the base amount is the most expensive per thousand for the insurance organizations to issue. For the most part, property and casualty insurance is defined as commercial lines of property and casualty insurance, including excess insurance, workers compensation insurance, and directors and officers liability insurance.
Fortunately, producers can buy insurance that reduces exposure to low yields or low prices, agents may attempt to influence producers insurance choices to maximize total compensation.
Want to check how your Federal Crop Insurance Processes are performing? You don’t know what you don’t know. Find out with our Federal Crop Insurance Self Assessment Toolkit: