USDA’s Risk Management Agency (RMA) recently released a new crop insurance option for dry edible beans, along with 30 other crops. The New Enhanced Coverage Option (ECO) provides additional area-based coverage for a portion of underlying crop insurance policy deductible. A fact sheet on the ECO option is available here: Enhanced Coverage Option (ECO). An article with examples of how the coverage works from the University of Illinois is also available here: University of Illinois ECO Insurance Examples for Farmers.
