The U.S. Department of Agriculture is expanding crop insurance tailored for nursery producers to all counties in all states.
Nursery Value Select is a pilot program that enables producers to select the dollar amount of coverage that best fits their risk management needs. Its expansion is part of USDA’s Risk Management Agency efforts to provide insurance options for a broader group of producers, including specialty crop producers.
“Risk Management Agency is excited to expand Nursery Value Select so nursery producers in all states have an opportunity to purchase nursery crop insurance,” says RMA Administrator Marcia Bunger. “This insurance option meets a critical need of American nursery producers.”
NVS provides similar but improved coverage to the longstanding Nursery Field Grown and Container (FG&C) program. NVS also covers field-grown and containerized plants and offers coverage levels between catastrophic and 75 percent.
Before this expansion, NVS was only available in select counties in these states: Alabama, Colorado, Florida, Michigan, New Jersey, Oregon, Tennessee, Texas, and Washington. Beginning with the 2025 crop year, NVS will now be available in all counties in all states. The sales closing date for the 2025 crop year is May 1, 2024, or Sep. 1, 2024, as provided in the actuarial documents.
A list of crop insurance agents is available at all USDA Service Centers and online at the RMA Agent Locator: https://www.rma.usda.gov/Information-Tools/Agent-Locator