
Crop insurance programs
Crop insurance programs protect farmers against financial losses caused by events like bad weather, pests, or diseases that can damage or destroy crops. Farmers pay a premium to insure their crops, and if unforeseen disasters occur, the insurance provides compensation based on the damage. This helps farmers manage risk, maintain income stability, and continue farming despite setbacks. The programs are often supported or regulated by government agencies to ensure affordability and accessibility for farmers of all sizes.