Farm and Agribusiness Insurance
What can Farm and Agribusiness Insurance do for you?
Uncertainty is a way of life for farmers - and that simple fact is what makes the right insurance coverage so important. Stonebraker McQuary Insurance is the leading insurer of farms in the area, insuring local farmers and their crops for over 60 years. Stonebraker McQuary Insurance understands the risks involved and provides property and liability coverage with a variety of options available to address your individual needs, whether you're a multi-million dollar business or a hobby farmer.
Stonebraker McQuary Insurance offers the following types of farm insurance:
- Buildings
- Equipment
- Liability
- Livestock
- Auto
- Property
- Crop
What will reduce your risk?
- Crop Insurance: Crop insurance is designed to help farmers survive disasters and get back on their feet. This type of insurance is subsidized and regulated by the USDA-Risk Management Agency and can be an important tool in managing the financial risk associated with farming. Stonebraker McQuary can help you determine how much crop insurance will provide you with an adequate amount of protection.
- Crop Revenue Coverage (CRC): CRC is revenue insurance to protect you against low yields, low prices or a combination of these. CRC pays when actual gross revenue falls below a revenue guarantee. The CRC revenue guarantee increases between planting a harvest when futures price rise between spring and fall.
- Multi Peril Insurance: Multi Peril Crop Insurance provides you with comprehensive protection against weather-related causes of loss and certain other unavoidable perils. This coverage provides protection against low yields and poor quality as well as prevented planting, late planting, and replanting costs for most crops.
See what Stonebraker McQuary can do for you.
We'd like to be your complete insurance company. We invite you to visit with your friendly Stonebraker McQuary Insurance agent today to find our more about our comprehensive line of insurance products.
Crop Insurance
Crop Insurance is the largest single source of financial protection to farmers
There are two kinds of crop insurance: crop-hail, which is provided by the private sector, and Multi Peril, an all-risk coverage underwritten by the private sector and the federal government and serviced mostly by the private sector. Crop-hail insures against loss of the value of a crop as a result of damage by hail. Multi Peril insurance covers loss of crop value as a result of all types of natural disasters, including drought, excessive moisture and unusually hot weather.
There have been sweeping changes in the federal Multi Peril crop insurance program in recent years. Up to 1995, only about one third of farmers bought federal Multi Peril crop insurance because, in the event of a disaster, they could generally rely on Congress to bail them out with disaster assistance and emergency loans. With the passage of reforms in 1995, Congress made it harder to justify legislation granting disaster. It also took other steps to encourage farmers to buy insurance against loss of income due to natural disasters, requiring new types of products, such as revenue protection, to make crop insurance more attractive and subsidizing a portion of the basic traditional coverage that protects against loss of yield.
Call or visit a friendly Stonebraker McQuary agent to find out more or get a quote.
Crop Insurance is the largest single source of financial protection to farmers
There are two kinds of crop insurance: crop-hail, which is provided by the private sector, and Multi Peril, an all-risk coverage underwritten by the private sector and the federal government and serviced mostly by the private sector. Crop-hail insures against loss of the value of a crop as a result of damage by hail. Multi Peril insurance covers loss of crop value as a result of all types of natural disasters, including drought, excessive moisture and unusually hot weather.
There have been sweeping changes in the federal Multi Peril crop insurance program in recent years. Up to 1995, only about one third of farmers bought federal Multi Peril crop insurance because, in the event of a disaster, they could generally rely on Congress to bail them out with disaster assistance and emergency loans. With the passage of reforms in 1995, Congress made it harder to justify legislation granting disaster. It also took other steps to encourage farmers to buy insurance against loss of income due to natural disasters, requiring new types of products, such as revenue protection, to make crop insurance more attractive and subsidizing a portion of the basic traditional coverage that protects against loss of yield.
Call or visit a friendly Stonebraker McQuary agent to find out more or get a quote.
Home | Get a Quote |
Newsletter | Testimonials |
News | Trusted Choice Pledge |
Refer Us | Contact Us