google bot detected Federal Crop Insurance | Insurance Glossary | Realestateagent.com

Federal Crop Insurance


Definition of "Federal crop insurance"

Protection against natural disasters that may strike crops. Coverage on all risks basis began in 1948 under the auspices of the U.S. Department of Agriculture. Premiums reflect actual losses incurred by farmers. The objective is to level out fanners' income that otherwise would be adversely affected by natural disasters striking their crops.



Related Real Estate Glossary terms

Related Real Estate FAQ