Question

how can we insure crop yield.​

Answer 1

Answer:

Crop Yield Insurance gives you a guaranteed yield for your crops. Simply put, if the yield falls below the guaranteed level, you will get an indemnity payment from the insurance company. You can choose to cover a selection of risks or all weather risks – in a nutshell: Hail & fire

Answer 2

Answer:

Hi Mate;

Explanation:

Crop insurance is purchased by agricultural producers, and subsidized by the federal government, to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in the prices of agricultural commodities. The two general categories of crop insurance are called crop-yield insurance and crop-revenue insurance. On average, the federal government subsidizes 62 percent of the premium. In 2019, crop insurance policies covered almost 380 million acres. Major crops are insurable in most counties where they are grown, and approximately 90% of U.S. crop acreage is insured under the federal crop insurance program. Four crops—corn, cotton, soybeans, and wheat— typically account for more than 70% of total enrolled acres. For these major crops, a large share of plantings is covered by crop insurance.

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