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A Risk Management Tool Just for You

Devastating events, such as low yields and harmful weather, can happen at any time and may affect your livelihood and family by causing irreplaceable damage.

That's why First South Farm Credit offers crop insurance to help manage your risks on the farm.

Our crop insurance specialists are non-commissioned professionals who work exclusively in agriculture and work closely with you to analyze your needs.

Partnering with several insurance companies allows us to offer customized coverage options for your farming operation.

The Benefits of Crop & Livestock Insurance Include:

  • Protection against natural disasters, and more
  • Improved access to credit
  • Guaranteed minimum level of income
  • Enhanced peace of mind

Types of Crop Insurance

Yield Protection (YP)

First South's Yield Protection policies insure against losses due to natural causes such as drought, excessive moisture, frost, wildlife, insects, and disease.

It guarantees a minimum level of income in case of low yields brought about by these types of unforeseen circumstances. Premiums are calculated based on your farm's actual production history (APH) over the previous 4-10 consecutive crop years.

Revenue Protection

First South's Revenue Protection gives you all the coverage of Yield Protection with added protection against loss of revenue caused by yield and/or market fluctuations. It offers comprehensive protection with a specific dollar amount guarantee.

Whole-Farm Revenue Protection

Whole-Farm Revenue Protection (WFRP) provides a risk management safety net for all commodities on the farm under one insurance policy.

This insurance plan is tailored for any farm with up to $8.5 million in insured revenue, including farms with specialty or organic commodities (both crops and livestock), or those marketing to local, regional, specialty, or direct markets.

Crop Hail Coverage

Crop Hail Coverage protects against damage due to hail as well as fire and lightning. It also protects from damage that may occur during transit.

Pasture, Rangeland, Forage (PRF) & Apiculture Rainfall Index (API)

PRF and API coverage insures against widespread loss of production of the insured crop in a designated area referred to as a grid.

Coverage is based on the experience of the grid rather than the entire farm. Lack of precipitation is the only cause of loss covered by the Rainfall Index.

Livestock Risk Protection (LRP)

Cattle, sheep, and swine may be insured under First South's LRP program. These policies protect against declining market prices. Availability of coverage may vary by area.

Other Types of Insurance

Life Insurance

First South also offers competitively priced life insurance designed to cover a borrower's entire debt. Policies protect dependents (or loan cosigners) from the financial burden of outstanding debt.