News Release

Crop Insurance Deadline Nears in Alabama, Florida, Georgia, and South Carolina

Nursery Growers Need to Make Insurance Decisions Soon

VALDOSTA, Ga., April 3, 2019 - USDA’s Risk Management Agency (RMA) reminds Alabama, Florida, Georgia, and South Carolina nursery growers of the upcoming May 1 sales closing date. Current policyholders who wish to make changes to their existing coverage also have until the May 1 sales closing date to do so. Growers applying for the first time may purchase coverage at any time.

Federal crop insurance is critical to the farm safety net. It helps producers and owners manage revenue risks and strengthens the rural economy.

All applications, including those for new or amended coverage, are subject to a 30-day waiting period before coverage begins. Coverage begins 30 days after receipt of a signed application, Plant Inventory Value Report for each insured practice, and two copies of the grower’s most recent
wholesale catalog or price list.

Growers are encouraged to visit their crop insurance agent soon to learn specific details for the 2020 crop year. A list of crop insurance agents is available at all USDA Service Centers and online at the RMA Agent Locator. Growers can use the RMA Cost Estimator to get a premium amount estimate of their insurance needs online.

For more information about crop insurance and the modern farm safety net, visit www.rma.usda.gov.

 

#

 

USDA is an equal opportunity provider, employer and lender.