Crop insurance in the USA plays a crucial role in safeguarding the livelihoods of farmers and the stability of the agricultural sector, helping to protect against the uncertainties and challenges inherent in farming. Here are the well-known and best crop insurance companies that are active in the U.S.
List of Crop Insurance Companies in the United States
RMA (Risk Management Agency)
RMA is a federal agency under the United States Department of Agriculture (USDA) responsible for managing the Federal Crop Insurance Corporation (FCIC) and overseeing the federal crop insurance program. While RMA itself is not an insurance company, it administers the crop insurance program through approved private insurance companies.
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Archer Daniels Midland (ADM) is a large agricultural processing company that offers crop insurance services through its subsidiary, ADM Crop Risk Services. They provide a range of crop insurance products to help farmers manage risks associated with crop yield and revenue.
Rain and Hail Insurance Service
Rain and Hail is a well-known private crop insurance provider that offers various crop insurance products and services to farmers across the United States.
Farmers Mutual Hail Insurance Company
Farmers Mutual Hail (FMH) is another established crop insurance provider that offers coverage options for various types of crops and farming operations.
Crop Risk Services
Crop Risk Services is a company that specializes in providing crop insurance and risk management solutions to farmers and agribusinesses.
ProAg
ProAg is a leading crop insurance company offering a wide range of insurance products and services designed to protect farmers from various agricultural risks.
CGB-Diversified Services
CGB-Diversified Services is a subsidiary of Consolidated Grain and Barge (CGB) and provides crop insurance options for farmers.
QBE NAU
QBE North America NAU Country Insurance Company offers crop insurance services to protect farmers from losses due to weather, pests, and other risks.
Great American Insurance Group
This company offers a range of insurance products, including crop insurance, to provide financial protection to farmers.
RCIS (Rural Community Insurance Services)
RCIS offers a variety of crop insurance products and services to agricultural producers and agribusinesses.
CUNA Mutual Group
While primarily known for its financial services, CUNA Mutual Group also offers crop insurance products to agricultural producers.
Farm Credit Services
Some Farm Credit institutions offer crop insurance services in addition to their lending and financial assistance for farmers and rural communities.
The Climate Corporation
A subsidiary of Bayer, The Climate Corporation provides digital agriculture solutions, including crop insurance products that utilize data and analytics to assess risk and provide coverage.
CGB Agri Financial Services
Another division of Consolidated Grain and Barge (CGB), this company offers crop insurance services to help farmers manage risk.
NAU Country Insurance Company
NAU Country is another well-known crop insurance provider that offers a range of insurance products to farmers across the United States.
American Farm Bureau Insurance Services (AFBIS)
This subsidiary of the American Farm Bureau Federation provides crop insurance products and services to agricultural producers.
Farmers Mutual Insurance Company
While there are several companies with similar names, some regional or state-specific Farmers Mutual Insurance companies also offer crop insurance coverage.
COUNTRY Financial
COUNTRY Financial offers a variety of financial and insurance services, including crop insurance, to farmers and rural communities.
GreenStone Farm Credit Services
Similar to Farm Credit Services, GreenStone offers financial services to the agricultural sector, including crop insurance products.
American AgCredit
This agricultural lending cooperative provides financial services and crop insurance solutions to farmers and ranchers.
Westfield Insurance
Westfield offers a range of insurance products, including crop insurance, to help protect agricultural operations.
Countryway Insurance
Countryway offers a variety of insurance products including crop insurance, catering to the specific needs of farmers and rural residents.
Farmers Mutual Insurance Company of Nebraska
This company provides a range of insurance services including crop insurance, primarily serving customers in Nebraska.
North Star Mutual Insurance Company
North Star Mutual offers various insurance options including crop insurance for farmers in the Midwest.
Iowa Mutual Insurance Company
Iowa Mutual provides insurance solutions including crop insurance for agricultural producers in Iowa and surrounding states.
AgriLogic Insurance Services
AgriLogic focuses on providing specialized crop insurance products and risk management solutions to farmers.
CROPUSA Insurance
CROPUSA offers crop insurance coverage to growers across the United States to protect against yield and revenue losses.
Stonington Insurance
Stonington specializes in crop insurance products designed to safeguard farmers against unforeseen losses.
Allegheny Mutual Insurance Company
This regional insurer offers a range of insurance services, including crop insurance, primarily in Pennsylvania.
National Crop Insurance Services (NCIS)
While not an insurance company itself, NCIS is an organization that provides information, advocacy, and resources related to crop insurance.
Heartland Crop Insurance
Heartland offers various crop insurance options to help farmers manage risk and protect their agricultural investments.
Hudson Crop Insurance
Hudson specializes in providing crop insurance coverage for growers throughout the United States.
Arkansas Crop Insurance
This regional provider offers crop insurance solutions to farmers in Arkansas and neighboring states.
Farm Bureau Insurance Companies
Different state Farm Bureau organizations may offer crop insurance products to their members in addition to other insurance services.
CGB-Sunrise Ag Insurance
Another subsidiary of Consolidated Grain and Barge (CGB), this company provides crop insurance products to farmers.
In conclusion, the landscape of crop insurance companies in the United States of America is diverse, with numerous providers offering various insurance products to help farmers manage and mitigate the risks associated with agricultural operations. I've provided a comprehensive list of the top 35 crop insurance companies that are active in the US. I also recommend you check industry reports, financial publications, and official government sources related to crop insurance options in the United States.