Each season brings its own set of challenges. Crop insurance managers want you to keep an eye out for important changes this year.
“Easily the biggest one this year are the enhanced coverage options, premium discounts or subsidies. ECO is a supplemental product that farmers can buy and attach additional coverage on top of their personal farm-level coverage all the way up to 90 or 95 percent using ECO, and those subsidies starting for the 2025 crop year, those subsidies have been increased to 65 percent. So the farmer’s share, and the landowner’s share of the total premium would be 35 percent. In the past, depending on what you bought, those subsidies were either 44 percent or 51 percent depending on which product you bought. This year, all of the subsidies are moving to 65%, which is very timely,” said Doug Yoder.
Crop insurance applications contain a lot of data. The Rural Community Insurance Service is looking to make the process easier by using technology that inputs the information for you.
