We’ve all heard the term “Insurance Poor”. Now there is crop insurance to consider. Why can’t I just take my chances? Tell me some reasons why crop insurance matters.
Here are some very good reasons Why Crop Insurance Matters:
Economic Security
We all want healthy, fresh food for our families. America’s farmers and ranchers provide that and more. You provide that for your own family and families all over the world. Crop insurance provides the access to capital and security farmers need to increase crop yields, improve operating efficiencies and stay competitive in world markets. A financially healthy farm economy is essential to the stability of America’s economy. If you fail, we all fail.
American Made Materials
Farmers and ranchers don’t just grow food; they grow the plants that provide the fiber for our softest cotton baby blankets, big cozy sweat shirts for Friday Night Football, beautiful wedding gowns, and all the other things that make life great. The feed for livestock comes from you. All that you do provides the raw materials for hundreds of essential products. You help reduce our national dependency on foreign manufacturing. Crop insurance helps you to stay financially solid and in the game.
Assurance Through Insurance
In 2012, the crop insurance program paid out more than $17 billion in indemnities to producers across the U.S. who purchased crop insurance. Crop insurance provides a safety net against perils such as frost, drought, flooding and hail. Without a strong crop insurance program, uncontrollable changes in weather could undermine the financial security of individual farmers and place the entire farm economy in jeopardy. Again if you fail we all may fail.
Ensuring Affordability
Every day we all depend on the goods and products made by America’s farmers and ranchers. America’s farmers and ranchers, in turn, depend on crop insurance as an essential business tool in today’s difficult agricultural economy. In an increasingly volatile business environment, crop insurance provides an important measure of stability for America’s agricultural producers. Access to affordable crop insurance allows American farmers to continue to provide affordable food for America and the world.
But, you probably knew all these things, and just need to be reminded now and then. Crop Insurance Matters!