Did you know that Texas Farm Credit has a full-service crop insurance agency?
We all know that nothing is without risk, especially farming and ranching in Texas, and we’ve got a wide variety of products to help our producers manage their risk, whether it’s the unpredictable weather, swings in commodity prices, or ever rising input costs.
Our crop insurance agents can write policies through multiple companies, and some of the products we can offer include multi-peril crop insurance, crop-hail insurance, as well as drought insurance – such as annual forage and pasture insurance. We also offer Livestock Risk Protection, Livestock Gross Margin, and Dairy Revenue Protection. Our team of crop insurance specialists will help you look at the available options, coverage levels, and requirements in order to best design a policy that meets your specific needs.
Because the price of crop insurance is set by the federal government – which means that crop insurance is the same price regardless of who you purchase from – you may wonder why should do business with Texas Farm Credit?
First, we’ve served farmers and ranchers for many generations, and understand production agriculture from both the financial side as well as the risk management side. We truly pride ourselves on understating agriculture and how to manage the risk of being a producer.
Secondly, our experienced agents are dedicated solely to crop insurance. We feel like this sets them apart from other agents in the industry because they are able to focus on these products exclusively and understand them better than anybody else. We’ve also been serving our current customers for many years and have seen just about everything. We stand ready to help you manage and protect your operation through whatever unique challenges may come your way.
When you choose to do business with Texas Farm Credit, our agents will guide you through the process, provide personalized and professional service throughout the life of the policy, and be there when you need them. We would love the opportunity to get to know you and your operation, and explain how we can be a valuable member of your risk management team.
To learn more and get a quote, contact us today!
Frequently Asked Questions
For more than a century cotton has been one of the most important crops produced in Texas, and in 2018 it rose above wheat to become the state’s most profitable cash crop. Annually, almost 40% of the cotton in the United States comes from Texas, at an average of nearly six million 480-pound bales.
Crop insurance policies indemnify growers against losses resulting from events or situations beyond their control such as droughts, floods, freezes, and disease. Many policies also have additional options covering losses due to significant changes in market prices. Types and amounts of crop insurance coverage may vary based on both the crop and county.
All of the USDA-authorized crop insurance companies are required to offer policies to any eligible farmer, rancher, or grower, as well as to anyone with 10% or more interest in that particular agricultural operation.