How are rates for crop insurace determined?

relms2000 · #1 (**permalink**) 01-02-2009, 04:22 PM

Hello EveryoneHow are rates for crop insurace determined?Is it the same for private crop insurance as it is for federal insurance issued by FCIC?Thanks

mbrcatz17 · #2 (**permalink**) 01-03-2009, 01:42 AM

Hmm. I don't know of any private crop insurance. I'm not saying it's not out there, I just don't know much about it. I have never written a crop policy.

DFK · #3 (**permalink**) 01-03-2009, 03:37 AM

The type of crop...Acreage, location and limits (value)Also what perils you need ,,,ie: ( Wind, Hail, flood etc)

Rajicute · #4 (**permalink**) 09-30-2011, 02:02 AM

What is it's official name. Think it works like this company X gets paid for items exported to country by loan from a bank, and government guarantees re-payment of that loan.Side-note Hoping to learn what it is call and how much is allocated, to join unemployment insurance when, companies dump workers, Banking insurance, Farm price supports, Farm crop failure insurance, Pension insurance, but no health insurance for the middle class.