| David in MD - 9/9/2025 16:08 Just some rough math but if your part of the premium is $36,000 per year over the last 10 years you've paid $360,000 out of your own pocket to collect $300,000. Looks like it's time to self insure and not let the insurance companies get rich from your policy.
Thats good in theory except if you’re using the crop in the field as collateral for a loan. Without crop insurance, that isn’t going to happen.
Or the first year of being “self insured” you get hit with a real crop failure of some sort. A real failure, like producing less than 25% of your APH.
Edited by Kooiker 9/9/2025 19:54
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Crop Insurance Subsidies