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What is the average income of a crop insurance agent?

The average income of a crop insurance agent is $6000 monthly. This translates to a salary of over $72000 per year.


How much money does a farmer make a day?

A farmer is not paid a salary. He is an independent businessman and his income depends on producing a crop or livestock. A small farm may produce a profit under $50,000 in an average year and a large one could have profits in the millions of dollars. Even a very small farmer will have half a million dollars or more invested in land and machinery. He pays the property taxes, maintenance, fuel costs (this season, it cost $300 each day for diesel fuel for the combine to cut a wheat crop in western Kansas), seed, fertilizer, his own liability insurance, crop insurance, etc. Then he works sunup to sundown and beyond and prays for rain when the crop is planted and dry weather when it is time to harvest. If the prices are high, he probably has a poor crop. When he produces a good crop, so do all the other farmers, so the prices are low.


What makes a crop into a cash crop?

When you sell that crop or grow it to sell


Why was cotton called crash crop?

It could be grown, picked, and sold. After the cotton gin was invented the production of cotton grew and England the main buyer of southern cotton.


Why are weather forecasts important to insurance company?

Weather forecast is specially important in Crop Insurance, where a drought or flood can drain out huge fund from the Insurance Company's corpus.Getting in before hand, help them to set their strategy accordingly. In India, the Al Nino effect on Moonsoon, has already put the Insurers into great anxiety,apart from the farmers, or Agricultural Ministry.

Related Questions

When was the crop insurance invented?

That's what she said


Crop Insurance?

Insurance for the crops beneficial for the farmers


What has the author Burton Pflueger written?

Burton Pflueger has written: 'The economic impact of crop insurance on wheat producing counties in South Dakota' -- subject(s): Crop insurance, Economic aspects of Crop insurance


What has the author Vijay Kalavakonda written?

Vijay Kalavakonda has written: 'Crop insurance in Karnataka' -- subject(s): Crop insurance


What has the author Nilabja Ghosh written?

Nilabja Ghosh has written: 'Impact of crop insurance on agricultural productivity' -- subject(s): Agricultural insurance, Crop insurance


What was marijuana primary use when invented?

Marijuana was primary invented for a crop. This crop is now grown throughout the states.


What is the average income of a crop insurance agent?

The average income of a crop insurance agent is $6000 monthly. This translates to a salary of over $72000 per year.


What has the author Jerry R Skees written?

Jerry R. Skees has written: 'The political economy of a crop insurance experiment' -- subject(s): Crop insurance


When was the crop rotation invented?

in the 2001's


What did Charles Townshead invented?

crop rotation


The Federal Crop Insurance Corporation managed by this department sells insurance to protect against problems with weather insects and disease?

The Federal Crop Insurance Corporation managed by this department sells insurance to protect against problems with weather insects and disease is agriculture.


English scientific farmer that invented the process of crop rotaion in the 1730s?

The Romans used crop rotation.