Federal Crop Insurance

Federal Crop Insurance is a government program designed to protect farmers from financial loss due to unexpected events affecting their crops, such as natural disasters or severe weather. Farmers pay premiums for this insurance, which provides compensation when their crops fail or yield less than expected. The program helps stabilize farmers’ incomes, encourages agricultural production, and ensures a stable food supply. By offering this safety net, the government aims to reduce the economic risks that farmers face, promoting resilience in the farming sector.