(Des Moines, IA – AgNewsWire) Group Risk Income Protection, or GRIP, could provide more effective crop insurance coverage for some farmers, according to authorized Crop 1 Insurance representatives.
Kurt Koester with AgriSource, Inc. in Waukee, IA explains that GRIP is a county-based revenue protection plan.
“In other words, instead of using your own yield history, you’re tied to a county yield and then claims are paid based on the actual outcome for the county. It works very much like the Revenue Assurance or CRC plans that many farmers are already using.” (Full Release)