Crop

Why Choose David Larson Financial for Crop Insurance?

We believe that mitigating risk starts with a well-rounded risk management plan. We are able to offer you a plan to fit your specific needs because of our association with the companies we represent. Whether that be MPCI, revenue, or hail, our agents are ready to help cover more than just your bottom line.

What is crop insurance?

Crop insurance is purchased by agricultural producers, and subsidized by the federal government, to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in the prices of agricultural commodities. The two general categories of crop insurance are called crop-yield insurance and crop-revenue insurance. On average, the federal government subsidizes 62 percent of the premium.

What does it cover?

Major crops are insurable in most counties where they are grown, and approximately 90% of U.S. crop acreage is insured under the federal crop insurance program. Four crops—corn, sugar beets, soybeans, and wheat— typically account for more than 70% of total enrolled acres. For these major crops, a large share of plantings is covered by crop insurance. Insureds can buy coverage from 50 percent to 85 percent on MPCI. Other coverage varies per company; ask a David Larson Insurance crop expert today about what coverage would best fit your operation.

Why do you need crop insurance?

In times of low production and damaging weather such as hailstorms, wind storms, and drought, crop insurance enables farm families to meet their financial obligations, both business and personal, and helps ensure the survival of the farm business.

When our crop got hailed out, we called Matt and Dave, they were there to ease our mind and provide us with knowledge on the next steps.

Alex B.

Let’s explore all our products to see how we can put together the best Risk Management Plan for your operation.

Matt M.