Crop insurance is an important part of managing production and financial risk, but selecting the right coverage can feel overwhelming. This course breaks down the fundamentals of crop insurance into practical, easy-to-understand lessons that producers can apply to their own operations.

 

Participants will learn:

* Understand the roles of the USDA Risk Management Agency, Approved Insurance Providers, insurance agents and adjustors.
* Explore key concepts such as Actual Production History (APH), coverage levels, projected and harvest prices, guarantees, liabilities, premiums and indemnities.
* Compare major policy types, including Yield Protection and Revenue Protection, and explore how different coverage options work.
* Explore real-world scenarios to see how choices such as unit type and coverage level, along with changes in yields and prices, can affect crop insurance protection.