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Crop Insurance 101: Margin Protection Basics

August 1, 2024/0 Comments/in Agricultural Insurance, News/by kingsgateinsur

Already thinking about the 2025 crop? Consider Margin Protection coverage to protect against decreases in operating revenue. Chelsea Heatherington at Kingsgate Insurance discusses the basics of Margin Protection with guest Adam Powers in the video below.

Pros:

Higher coverage levels and protection factors

Subsidy support

Protection against margin decline

Earlier price discovery period

Cons:

September 30 sales closing date

Additional premiums and administrative fees

Inability to consider individual farm revenues and input costs

To learn more about the insurance products available for farm risk management, reach out to Chelsea Heatherington at Kingsgate Insurance.

Chelsea Heatherington, Farm & Ag Specialist

Call or Text: 515-302-8400

Email: chelsea@kingsgateins.com

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https://www.kingsgateinsurance.com/wp-content/uploads/2024/08/DSC00267-Copy-scaled-e1717613883749.jpg 977 2560 kingsgateinsur https://kingsgateinsurance.com/wp-content/uploads/2021/12/best-in-class-insurance.jpg kingsgateinsur2024-08-01 13:32:002024-06-05 14:06:16Crop Insurance 101: Margin Protection Basics
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