Crop Insurance Protection Bonus

  • The Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 1999 (Public Law 105-277), authorized $2.375 billion to assist farmers suffering from crop and economic losses

  • $400 million of this used to provide an incentive for producers to purchase buy-up coverage by offering an additional 30% premium discount

  • Additional crop insurance premium discount of $30 million was offered for producers who suffered multiple occurrences of scab and/or vomitoxin damage

Previous slide Next slide Back to first slide View graphic version