Crop Insurance Phenix, VA

A Crop Insurance Bank is a financial institution that offers insurance to farmers to protect against weather and market-related losses. Crop Insurance is a public-private partnership that allows farmers to buy insurance policies backed by the federal government. Crop Insurance Banks offer a range of plans tailored to the specific needs and crops of individual farmers. The Risk Management Agency (RMA) of the U.S. Department of Agriculture oversees the Federal Crop Insurance Program.