Considering Crop Revenue Insurance Alternatives

Authors

ROGER SELLEY, University of Nebraska-LincolnFollow
H. Douglas Jose, University of Nebraska-LincolnFollow

Date of this Version

February 2004

Document Type

Article

Comments

Published in Cornhusker Economics, 02/11/2004. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

Revenue Assurance (RA) is a multi-peril crop revenue insurance program that will be offered for the first time in Nebraska in 2004. RA has been available in some other states for several years. Crop Revenue Coverage, another multi-peril crop revenue insurance program, continues to be available in Nebraska for corn, soybeans, grain sorghum and wheat. RA is not available for grain sorghum. RA has subsidized premiums similar to the CRC. One of the unique features of RA is the Whole Farm Unit option which offers significant premium discounts.