safety nets

USDA Offers New Hurricane Insurance Endorsement for Crop Year 2020

Dan Economy, Industry News Release

(USDA/RMA) — The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) announced a new crop insurance endorsement, Hurricane Insurance Protection – Wind Index (HIP-WI). HIP-WI covers a portion of the deductible of the underlying crop insurance policy when a county, or county adjacent, is within the area of sustained hurricane-force winds. The coverage provided by HIP-WI can be combined …