Insurance Deadline Approaches for Nursery Growers
Jake Jacobs, University of Vermont Agricultural Risk and Crop Insurance Education
Why crop insurance? Despite your best management and planning, unexpected events that can adversely impact production and revenue can occur. Crop insurance provides a safety net for such losses. Perils that are covered by Nursery Commodity Insurance include adverse weather conditions, including wind, hurricane and freeze; failure of irrigation water supply, if due to an insurable cause of loss, such as drought; fire, provided weeds and undergrowth are controlled; and wildlife.
To assist wholesale nursery growers in establishing their insurable plant inventory value, the Risk Management Agency (RMA) provides Nursery Inventory Software, also called the Application Software. The software lists all insurable nursery plants and their maximum insurable value. For more information about the nursery software and other tools to assist growers, the Nursery Commodity Insurance program and other USDA agricultural risk management programs, go to the USDA RMA web site https://rma.usda.gov/ then click on “Topics” and select Nursery from the drop-down menu provided.
You can also find more on USDA crop insurance and the modern farm safety net by visiting the RMA web site. Crop insurance can be purchased only through private agents who are licensed to sell crop insurance in your state. To locate an agent, go the RMA online Agent Locator at http://www.rma.usda.gov/tools/agent.html
For assistance in Vermont, visit the UVM Agricultural Risk Management and Crop Insurance Education website at http://go.uvm.edu/ag-risk or contact Jake Jacobs, UVM Agricultural Risk Management and Crop Insurance Education, email firstname.lastname@example.org or message phone line 802-656-7356.