New changes to farm insurance may offer better coverage for some diversified farms.
A 2014 amendment to the Whole-Farm Revenue Protection (WFRP) insurance policy provides farmers with new optional coverage. The opt-in is specifically aimed at diversified farms — those that produce more than one commodity. The new policy provides additional subsidies, premium discounts, and covers crop loss or failure on farms that grow multiple crops, while still offering coverage for livestock, as well as nursery and greenhouse plants. Depending on the county the farmland is located in, farmers have until late February or early March to sign up. Visit the NSAC’s blog to find out more about this policy.
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