Nowell Agency, Inc. > What's New > Legal Changes for Farmers: Protect Your Farm and Family with Ag Insurance

Legal Changes for Farmers: Protect Your Farm and Family with Ag Insurance

There is a new farm bill making its way through the halls of Congress. The 2018 Farm Bill amendment is more comprehensive, covering areas of conservation, trade, and nutrition, among others. For example, parts of it will help farmers compete through credits, disaster assistance, and crop insurance. It also works to make healthy food available to a larger group of people and make it affordable. However, some amendments threaten to change how crop insurance works and may even cap premium subsidies.

Potential Cuts to Ag Insurance

A recent article at agweb.com suggests that up to 103 amendments are up for debate. Here are just a few:

  • Capping crop insurance premium subsidies
  • Streamlining the sign-up process for Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC)
  • Reduction of premium subsidies for insurance policies by 15%
  • Payment limits for recipients of crop insurance premium subsidies
  • Public disclosure of insurance premium subsidies

While not all of these amendments will pass, it is critical that you have the best protection.

Gain Peace of Mind with Tailored Coverage for Your Farming Operation

Running a farm is risky business. There is always the potential of losing income from a poor season. Additionally, possibilities of liability abound when you have employees who get injured. Owning livestock also comes with its share of uncertainty. You need tailored coverage that protects not only your property now but also all the generations that come after. Here are a few types that can give you peace of mind:

  • Crop Insurance: When Mother Nature attacks plantations in the field, recovering can be extremely difficult. This policy can help.
  • Property and Casualty: Have a farmhand fall from the second story of the barn? This coverage can help if an employee is injured while on the job.
  • Livestock Insurance: This policy can help protect your livestock.
  • Specialty Coverage: If you grow something different from the regular crops, such as corn or soybeans, you may benefit from a more focused plan.

Protection with the Right Ag Insurance Policy

Keep the property in the family for generations to come with custom designed policies. You are building a legacy. Let us help you. At The Nowell Agency, we understand the needs of agribusiness companies. We utilize the resources from a trusted pool of agencies to provide the protection you require. For over 30 years, we have served US farmers. You take enough risks. Choosing the right broker should not be one of them.

Request a quote online or call one of our offices near you to schedule a meeting with a knowledgeable and experienced broker at The Nowell Agency. Let’s discuss suitable options for ag insurance.

GET A QUOTE

The Nowell Agency is committed to providing you with fast and efficient service. If you would like a quote on any of our products please complete the short form below and click submit.

Get A Quote Form

    Testimonials

    FROM OUR CLIENTS

    The Nowell Agency has been my primary agent for many years and they are attentive, well-staffed, and easy to talk to. Their agency has helped me through state to state moves and career change and kept my assets covered.

    James G.

    My very first insurance experience was when I bought my first house and I called the Nowell agency for a quote. I had no idea what I needed or how much and they were so very kind and knowledgeable and explained everything to me in detail which I so much appreciated. That has been 4 years ago and im still a customer never plan to leave.

    Ashleigh D.

    I have been very pleased with the quick and professional service by the Nowell agency. My agent was very efficient at locating a policy that met my needs and budget. Thank you to Kristy and the Nowell agency for providing me with fantastic customer service. I highly recommend this agency. You will not be disappointed.

    Tripp W.

    NOWELL INSURANCE KNOWLEDGEBASE

    5 Reasons You Need Convenience Store Insurance for Your Florida Location

    By

    December 16, 2020

    Obtain the Policies You Require from The Nowell Agency People like to stop by a corner store for their favorite midnight snack, including your customers. As a store owner, you continually strive to provide your patrons with the things they like. Maybe you increased your offerings to include deli sandwiches and take-and-bake pizza. You might […]

    4 Signs that it’s Time to Purchase Landscape Contractor Insurance

    By

    December 16, 2020

    Guidance for Your Texas Business from The Nowell A...

    5 Suggestions for Contractor Success in a post-COVID World

    By

    November 30, 2020

    Florida’s Dependable Contractor Insurance Agency...