Preparing for a Crop Insurance Audit

By: Ellen Essman, Senior Research Associate, Senior Research Associate
Friday, January 10th, 2020
With 2019’s ups and downs in the weather and the marketplace, it’s likely that many farmers used the Federal Crop Insurance Program to mitigate their losses.  Those farmers whose crop insurance claims reach $200,000 or more will be audited by the USDA’s Risk Management Agency.

What’s the purpose of an audit—does it mean you’re in trouble with the government? What can you expect when going through the audit process?  How do you prepare for an audit? What kind of records and documentation do you need?  All of these questions and more are answered in a new fact sheet we recently published through our partnership with the National Agricultural Law Center.  Click here to read the fact sheet to better prepare you for going through an audit.

From the OSU Farm Office (January 6, 2020) — A difficult economic year for crop production typically leads to more crop insurance claims that trigger the automatic crop insurance audit procedure.  In our newest law bulletin for the National Agricultural Law Center, we explain the audit procedure and present strategies for preparing documentation for a crop insurance audit.  Read the news bulletin here.

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