Crop Insurance in Polo, Illinois
Protection for your farm when nature is unpredictable.
Essential Coverage in the Event of Unexpected Weather
Crop insurance covers everything from a family’s small acreage to a large-scale commercial operation’s diverse fields. This insurance can provide you with yield protection, revenue security, and weather-related coverage. Premiums can vary based on the type of crops, historical yields, total acreage, and the level of risk tolerance.
Coverage for a variety of crop types
Insurance for yield loss, revenue drops, and replanting costs
Premiums adjusted depending on your acres and history
Imagine a severe drought or a sudden hailstorm destroying your entire season’s work. Whether it be a localized storm or a widespread natural disaster, if your harvest falls short, you have security for your farm’s accounts. The more acreage your operation manages, the more likely you are to face environmental risks. For a small farm, one bad season could result in large losses that could bankrupt the business.
- Protection from multiple types of weather events
- Prevent a financial disaster if market prices or yields drop
- Perfect for small family farms or large-scale operations
Crop insurance in Polo, Illinois: is it worth it?
As a farm owner, you make hard decisions on a daily basis. Some choices, however, should be easy. Deciding whether or not to get crop insurance is one of them. Unfortunately, many producers find themselves wondering: what is crop insurance?
If your company relies on the land to get work done, taking out a crop insurance policy is in your best interest. Regardless of whether you’re operating a single field or a multi-location farming business, the potential benefits of crop insurance far outweigh the risks of not having it.
- The benefits of crop insurance greatly outweigh the risks of going without
- Make smart business decisions with comprehensive crop coverage
What is crop insurance?
Crop insurance is a special form of coverage designed to protect your agricultural business following a loss caused by natural disasters or declines in market prices. The policy can offset the costs associated with things like:
- Revenue losses due to market volatility and price fluctuations
- Physical damage to crops from hail, drought, floods, and frost
- Costs associated with replanting or prevented planting scenarios
What does crop insurance cover in Polo, Illinois?
Like other forms of commercial protection, coverage will extend to:
- Yield protection
- Revenue protection
- Hail and wind damage
- Prevented planting
- And specialty crop endorsements.
However, a crop insurance policy may have differences in definitions, limit options, and eligibility in comparison to your standard farm or property insurance policy.
Cover Your Acres
We can provide effective coverage for a few small fields or an entire multi-county operation. From row crops like corn and soybeans to specialty crops, we provide affordable options for all. Your insurance payments can change depending on the crop type and your risk tolerance. We cover:
- Row crops
- Specialty crops
- Diversified operations
- Multi-location farms
- And more
Contact us and talk with an insurance professional to find what coverage is best for you. We provide affordable and customizable plans.
What are some of the benefits of crop insurance in Polo, Illinois?
No matter how carefully you manage your soil, you can’t prevent all weather events from occurring. A single localized storm event can contribute to an accident of nature that wipes out a season. Depending on the severity of the loss, this could lead to a major financial burden that either compromises the survival of your farm or limits its growth. The right crop insurance could save your business from going belly up.
- Without coverage, you put your operation at risk
- Save your farm from financial disaster
Crop insurance might also increase your ability to do business effectively. For instance, lenders often demand that borrowers possess insurance to secure operating loans. Having insurance also assures your partners and family that the farm is built to last.
Crop insurance dramatically increases your protection in complex situations, such as when:
- You want to protect your margins but don’t want to be vulnerable to market price swings.
- You need to coordinate coverage with your existing farm/property policies to ensure there are no gaps.
Revenue Protection & Market Volatility
For many farms, protecting revenue, not just yield, can be a key objective. Our team will walk you through approaches to account for price fluctuations and achieve consistent yield outcomes. We help you select coverage levels appropriate for your operation’s margins and build a plan that supports year-to-year predictability.
Minimizing the Cost of Crop Insurance
The benefits of crop insurance aside, you can’t be blamed for wanting to reduce what you pay for coverage. Fortunately, crop policies come in a variety of different forms with customizable coverage terms.
The secret to getting the most out of your payments lies in working with a good agent. Our qualified professionals can help you design a policy that aligns deductibles and timing with your seasonality so that you never pay for something you don’t need.
- Customizable plans for coverage
- Talk with an insurance expert for the perfect plan
- Only pay for the coverage you need
To discover more about your options, contact us.
Do you have a question about crop insurance in Polo, Illinois?
Our agents are ready to answer any of your questions.