2026 Interest Deferral on Crop Insurance Premiums

  • August 10, 2026

The USDA Risk Management Agency (RMA) has recently announced (MGR-26-009) that there will be additional time for policyholders to make payment of federal crop insurance premiums and administrative fees for the 2026 reinsurance year.

For additional flexibility, Farmers Mutual Hail will also defer interest on private product premiums. Read more about MGR-26-009.

What This Means for FMH Policyholders

  • FMH will defer interest charges on MPCI and private product premiums on policies with premium billing dates between July 1, 2026, and September 30, 2026.
  • Interest will be waived to the earliest of an additional 60 days of the scheduled due date or the termination date.
  • This does not apply to Livestock insurance plans.

 

Termination Dates Have Not Changed

Please note that deferral of interest does not affect the crop termination date. Accrual of interest on unpaid crop insurance premium is deferred to the earliest of the applicable due date or termination date. Policyholders may review the “Policy Detail” page of their Billing Statement to find the Billing Dates and Termination Dates for their crops.

 Example: Margin Protection policies terminate on November 15, 2026, which is earlier than the November 30, 2026, extension date. In this case, payment must be received by the applicable termination date.

View the RMA Bulletin