At Farm Credit of New Mexico we understand the risk faced in business. Insurance is an integral part of your risk management plan. Don't take a gamble on the weather or markets when your livelihood is at stake. Our team of experts can tailor a program of insurance to cover your needs.
Farm Credit of New Mexico offers a complete selection of insurance products designed to protect your income. Regardless of operation size, we work for optimum return based on your specific financial needs.
Insurance Products & Services
We offer the following insurance products:
- Multiple Peril Crop Insurance (MPCI): Peace of mind goes a long way these days, especially when it's easy and affordable to obtain. MPCI can help you take some of the risk and worry out of the whims of nature.
- Pasture, Rangeland, and Forage (PRF): A flexible risk management tool developed by USDA's Risk Management Agency (RMA) and reinsured by the Federal Crop Insurance Corporation (FCIC). Losses are paid when rainfall, measured by undisclosed rain gauges within the insured’s area falls below a chosen percentage of historic average. Insurance is based on final measurements in an entire grid, not on a specific property within that grid. Individuals select the time periods they would like to insure as well as the acreage to insure during each time period. This policy has proven to be a positive coverage choice for individuals who consistently participate. Please contact us for more information.
- Adjusted Gross Revenue Insurance (AGR): AGR insurance provides protection against low revenue due to unavoidable natural disasters and market fluctuations that occur during an insurance year. We will work closely with you to answer your questions, choose a level of coverage and provide a personalized quote.
- Crop-Hail: Once your crop is in the ground, crop hail insurance can fill the gap between your MPCI policy guarantee and any losses. Even if the frequency of hail in your area is low, you should ask about how crop hail insurance can be a wise decision. We will be glad to help!
Sales Closing Dates
|January 31st||Pecans & Chile|
|February 28th||TX Cotton|
|March 15th||NM Cotton, Corn, Sorghum|
|November 15th||Pasture, Rangeland and Forage|
Related Services Team
Senior Insurance Officer
PO Box 15039
Las Cruces, NM 87004
Office: (575) 528-7119 • Toll Free: (800) 755-6432
Cell: (575) 636-9639 • Fax: (505) 796-7982
2800 Las Vegas Court
Las Cruces, NM 87004
Office: (575) 528-7110 • Toll Free: (800) 755-6432
Cell: (575) 649-0242 • Fax: (505) 796-7982
Director of Insurance
Mailing: P.O. Box 94330, Albuquerque, NM 87199
5651 Balloon Fiesta Parkway NE, Albuquerque, NM 87113
Direct: (505) 875-6065 • Toll Free: (800) 451-5997
Cell: (505) 328-0921 • Fax: (505) 796-7982