Crop insurance audits: How to prepare outlined in NALC bulletin
By Sarah Cato
U of A System Division of Agriculture
Jan. 29, 2020
- The National Agricultural Law Center has published “Preparing for a Crop Insurance Audit”
- The bulletin equips farmers with the materials and knowledge needed for a crop insurance audit
- The publication can be found at http://bit.ly/2TfqfGb
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FAYETTEVILLE, Ark. – Excessive rain paired with less than ideal market conditions can lead to many farmers relying on the Federal Crop Insurance Program to soften the blow of a rough growing season. However, producers relying on this program should be prepared for a potential crop insurance audit.
Higher crop insurance claims can trigger the Risk Management Agency’s crop insurance “indemnity review,” often referred to as a crop insurance audit. Producers with crop insurance claims over $200,000 will be subject to the mandated indemnity review.
To help producers prepare for these audits, the National Agricultural Law Center partnered with Peggy Kirk Hall and Chris Zoller from Ohio State University Extension to publish “Preparing for a Crop Insurance Audit.”
In this bulletin, the authors provide general information to help producers know if they should expect an audit and what to expect if one occurs. The bulletin addresses topics such as who conducts audits, requirements for the audits, timelines and much more.
“With the season we’ve had, crop insurance audits can be expected,” Hall said. “The purpose of this publication is to help producers navigate these audits and come prepared.”
“Preparing for a Crop Insurance Audit” can be accessed here: http://bit.ly/2TfqfGb.
About the National Agricultural Law Center
The National Agricultural Law Center serves as the nation’s leading source of agricultural and food law research and information. The Center works with producers, state and federal policymakers, Congressional staffers, attorneys, land grant universities, and many others to provide objective, nonpartisan agricultural and food law research and information to the nation’s agricultural community.
The Center is a unit of the University of Arkansas System Division of Agriculture and works in close partnership with the USDA Agricultural Research Service, National Agricultural Library.
About the Division of Agriculture
The University of Arkansas System Division of Agriculture’s mission is to strengthen agriculture, communities, and families by connecting trusted research to the adoption of best practices. Through the Agricultural Experiment Station and the Cooperative Extension Service, the Division of Agriculture conducts research and extension work within the nation’s historic land grant education system.
The Division of Agriculture is one of 20 entities within the University of Arkansas System. It has offices in all 75 counties in Arkansas and faculty on five system campuses.
The University of Arkansas System Division of Agriculture is an equal opportunity/equal access/affirmative action institution. If you require a reasonable accommodation to participate or need materials in another format, please contact 479-575-4607 as soon as possible. Dial 711 for Arkansas Relay.
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Media Contact: Sarah Cato
U of A Division of Agriculture
National Agricultural Law Center