Rollins announces crop insurance premium delay, prevented planting coverage

While at Minnesota Farmfest on Tuesday, Agriculture Secretary Brooke Rollins announced the USDA Risk Management Agency is authorizing Approved Insurance Providers to provide producers with up to 60 additional days to pay crop insurance premiums, administrative fees, and amounts due under written payment agreements with scheduled premium billing dates between July 1, 2026, and Sept. 30, 2026.

During this extended period, AIPs may waive interest charges, USDA said. Interest will begin accruing for unpaid premium and administrative fees only after the end of the additional 60-day period or upon reaching the policy’s termination date, whichever occurs first.

To further support these efforts, RMA will defer collection of unpaid producer premiums and administrative fees from AIPs and waive associated interest beginning with the August monthly accounting cycle.

Rollins also announced that RMA is reinstating the option for insured producers to purchase an additional 5% prevented planting coverage beginning with crops associated with the Aug. 31, 2026, filing date for the 2027 and succeeding crop years. This added coverage enhances producers’ ability to manage risk in situations where extreme weather or other conditions prevent normal planting, USDA said.