22
Sep
Sep
New Federal Crop Insurance for 2021
In 2021 there will be two new Federal Crop Insurance programs available to Massachusetts Farmers.
- Quality Loss Option (QL) is a new crop insurance option that you can elect starting with the 2021 crop year. The Risk Management Agency implemented the QL in response to the 2018 Farm Bill to carry out re-search and development that establishes an alternative method for adjusting quality losses that will not impact your Actual Production History (APH).
LEARN MORE HERE (PDF) - The Hurricane Insurance Protection – Wind Index (HIP-WI) Endorsement covers a portion of the deductible of the underlying crop insurance policy when the county, or a county adjacent to it, is within the area of sustained hurricane-force winds from a named hurricane that are published by the National Hurricane Center (NHC) at the National Oceanic and Atmospheric Administration (NOAA).
LEARN MORE HERE (PDF)