crop Insurance Quotes

in arkansas

introducing crop insurance
for all arkansas farmers

We’re all about community here at M&P and ensuring that the livelihood of our neighbors is protected. We know how important our farmers are to the economy, and how important our farmers’ crops are to them. We also know that none of that would be possible if they lost everything during weather-related damage.

Imagine if there was a succession of bad weather, or even one tornado or severe hail storm. How much of those crops, the granaries even, might be destroyed. Everyone loses out when that happens, but none more so than the farmer. It’s vital to protect your income and your livelihood. That’s why Federal Crop insurance is now offered by insurers; as are crop-hail policies, regulated by each state’s insurance department.

Request An M&P
crop insurance QUOTE

If you’re one of our community’s farmers, make sure to come in and talk to us about this protection for your crops—who knows what the weather’s bringing with it tomorrow!

what is crop insurance?

We’ve all read the stories, the history, of one crop failure or severe storm wiping out everything planted and/or stored. Livelihoods were lost, leading to the loss of homes, food, life. In 1880, private insurance companies began to sell a specific insurance policy that would protect farmers from hailstorm damage. These were called, appropriately enough, “crop-hail policies.” They still exist, and have become regulated by each state’s governmental insurance department.

In 1981, the Federal government began offering a regulated “multi-peril” crop insurance. As you’d imagine from the name, this protects against a wide variety of natural disasters (fire, flood, drought, freeze, etc.). It also protects against possible revenue loss in case of price decline. This insurance is, of course, also regulated, and sold by private-sector crop insurance companies and agents.

Premiums are regulated and established by the Federal Crop Insurance Corporation, giving you the peace of mind knowing your cost is constant. We have extensive experience with crop insurance, and look forward to helping you make sure you’ll always be able to put food on your family’s table even if weather brings damage to your crops.

A few fun facts about crop insurance

DID YOU KNOW

When multi-crop insurance began, only 45 million acres ($6 billion of crop value) were insured. A mere 37 years later, this number rose to 335 million acres ($110 billion of value covering 130 different crops).

DID YOU KNOW

Crop-hail policies have risen from a few back in 1880, to $36 billion of crop value being protected in 2018.

DID YOU KNOW

By instituting Federal crop insurance, farmers have protection when they need it most during circumstances completely out of their control. Without it, we may not have fresh food to put on our tables!

DID YOU KNOW

Coverage varies by crop due to the differences inherent in crops. This state and county is our home too, so we have the knowledge you need to make sure you’re never left high-and-dry during a disaster.