Managing yield and price risk through the purchase of federally subsidized crop and livestock insurance transfers risk from you to others. Crop insurance protects your investment, borrowed capital, and current savings. Insurance also provides collateral to lending institutions, stabilizes income, and provides an added peace of mind.
WHY BUY FROM AGTEXAS?
With cooperative principles in mind, our motive is to offer proper risk management tools that add to your bottom line, not ours. Each year, crop insurance becomes more complex, due in part to the fact that more and more options are becoming available in order to tailor a risk management program to fit your needs. We provide the information you need to understand insurance programs and how they interact with other USDA programs to help you make important management decisions, specific to your operation.
"I love AgTexas because they keep me in business!"
BENEFITS TO YOU
- Knowledgeable agents, with expertise in row crops, forage crops, livestock, grapes, pecans, dairy and more
- A large team of agents, which allows us to quickly address your needs
- A close relationship with an agent that believes in what you do and is committed to your success
- A customer-service focused business culture
- Superior technology and resources available to navigate the challenges of risk management
- Solely focused on agriculture
- Ease of doing business – we’ll meet you when and where it’s convenient
PRODUCTS AVAILABLE
- Multi-Peril Crop Insurance (MPCI) provides comprehensive protection against weather-related causes of loss. Certain MPCI products also protect against declining revenue. Over 100 crops are insurable under MPCI, including common crops like cotton, corn, grain sorghum, wheat and sorghum silage. Specialty crops like grapes and pecans are also insurable.
- Pecan Revenue Insurance provides protection against insurable causes of loss for yield and/or decline in market price. Purchased in two-year coverage modules, pecan revenue is available in select counties.
- Pasture, Range & Forage (PRF) Insurance is an area risk product designed to give livestock and hay producers the ability to buy insurance protection for losses of pasture and forage due to lack of rainfall and declining vegetation.
- Annual Forage Insurance is an area risk product used to protect crops grown for feed or fodder from lack of rainfall.
- Crop Hail Insurance covers losses due to hail and crop fire.
- Dairy Revenue Protection (DRP) provides protection against an unexpected decline in revenue (yield and/or price) on the milk produced from dairy cows. In sum, the policy covers the difference between your final revenue guarantee and actual milk revenue during each quarter of the year.
- Livestock Risk Protection (LRP) is available for feeder cattle, fed cattle and swine. It addresses a crucial aspect of risk management for livestock producers – declining market prices- without restricting profit potential.
- Livestock Gross Margin (LGM) Insurance covers the loss of margin by insuring expected gross margin versus the actual gross margin in dairy, yearling and calf finishing operations and swine.
- Term and Permanent Life Insurance
AgTexas Farm Credit Services is an equal opportunity provider.
