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The new policy, available once the multi-peril crop insurance policy is with JDRP, insures yield shortfalls below contracted volumes in the event the price to replace the corn rises above the federal crop insurance coverage.
In October 2004, through Westfield Insurance Companies, John Deere entered the crop insurance business and began offering policies in a limited geographic area under the JDRP name.
John Deere Risk Protection (JDRP), Johnston, IA, announces it is adding staff resources and expanding its marketing area from 18 to 35 states to build its crop insurance business.
New crop insurance programs recently introduced by JDRP. In 2005-2006 crop season, JDRP will expand the number of agents, products, and states served to meet the needs of growers seeking crop insurance solutions.
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