google bot detected Crop Insurance | Insurance Glossary |

Crop Insurance

Definition of " crop insurance"

Scott Chappuis
  ReMax Flagstaff

Coverage for crops in the event of loss or damage by insured perils including hail, fire, and lightning. Prior to the passage of the Federal Crop Insurance Act in 1938 it was virtually impossible to obtain insurance protection against crop damage. Today coverage is available from the Federal Crop Insurance Corporation as well as from private sources. Exclusions from coverage include the perils of war and nuclear disaster.

Related Real Estate Glossary terms

Related Real Estate FAQ