About: Buy-up coverage

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Buy-up coverage is the portion of crop insurance coverage for which a participatingfarmer in the US pays a premium. During the 2000s, the system offered catastrophic (CAT) crop insurance coveragewithout any premium payments required of the farmer. Any coverage purchasedabove the CAT level was referred to as buy-up coverage, and was partially subsidized by theUS federal government. The Agricultural Act of 2014 adjusted buy-up coverage limits and premium payments, along with buyers' costs, as part of a shift away from direct subsidies.

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  • Buy-up coverage is the portion of crop insurance coverage for which a participatingfarmer in the US pays a premium. During the 2000s, the system offered catastrophic (CAT) crop insurance coveragewithout any premium payments required of the farmer. Any coverage purchasedabove the CAT level was referred to as buy-up coverage, and was partially subsidized by theUS federal government. The Agricultural Act of 2014 adjusted buy-up coverage limits and premium payments, along with buyers' costs, as part of a shift away from direct subsidies. (en)
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  • Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (en)
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  • https://web.archive.org/web/20110810044532/http://ncseonline.org/nle/crsreports/05jun/97-905.pdf|author= Jasper Womach (en)
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  • Buy-up coverage is the portion of crop insurance coverage for which a participatingfarmer in the US pays a premium. During the 2000s, the system offered catastrophic (CAT) crop insurance coveragewithout any premium payments required of the farmer. Any coverage purchasedabove the CAT level was referred to as buy-up coverage, and was partially subsidized by theUS federal government. The Agricultural Act of 2014 adjusted buy-up coverage limits and premium payments, along with buyers' costs, as part of a shift away from direct subsidies. (en)
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  • Buy-up coverage (en)
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