Phil Thompson & Associates
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Since 1989, Phil Thompson & Associates has been one of the leading crop and farm insurance agencies for agricultural operations throughout Minnesota, as well as a bevy of critical financial services, including bookkeeping, tax planning and preparation, and payroll. Our accountants take pride in offering affordable, high-quality service with an emphasis on maintaining strong relationships with our customers.

Today's farmers rely heavily on crop insurance agencies to mitigate the risk of crop losses as a threat to their farm operation. From disease to pestilence, weather and beyond, numerous factors can threaten your yield, which makes it important to anticipate the worst and plan for recouping any losses. For this, your first and best line of defense is our crop insurance agency at the offices of Phil Thompson & Associates.

Not only do our farm insurance agents understand the perils that farmers face, we understand the best ways to protect yourself, your yield and your entire farm operation from any natural elements that might threaten it.
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Any number of unforeseen variables can affect your annual crop yield, for better or for worse.
When your crop is negatively impacted by forces beyond your control, it pays to have crop insurance, to protect your livelihood and to mitigate your losses.
Phil Thompson & Associates is your trusted and knowledgeable crop insurance agency in Minnesota, helping you to assess and understand the far-reaching benefits of comprehensive crop insurance.
We serve farmers in Warren, East Grand Forks, and Crookston, MN.
Tax law in Minnesota is changing constantly and seems to get more complicated every year.
How do you know if you are utilizing tax benefits available to you when handling farm insurance and payroll?
Our goal at Phil Thompson & Associates is to minimize your tax liability by understanding the tax law and applying this knowledge to your benefit.
Tax preparation is probably one of the most important tools that people overlook until it is too late to make changes.
We are here year-round for clients in Warren, East Grand Forks, and Crookston, MN to offer guidance on the tax consequences of life's choices, whether it is retirement, divorce, starting a business, or sending your kids to college.
By letting us at Phil Thompson & Associates take care of your payroll, you no longer have to worry about keeping up with complex Minnesota financial laws that can be confusing and time-consuming when dealing with farm insurance and related taxes.
We have the expertise to handle more complicated payroll transactions, like pretax and after-tax deductions including garnishments, flex accounts, and employee benefits.
When owning your own business, it is imperative to know how your company is performing on a regular basis.
Meet the professional and talented staff of Phil Thompson & Associates crop insurance agency of Minnesota.
Phil Thompson is originally from a farm near Litchville ND, located in SE North Dakota.
He is married to Gloria and they have two grown children and two grandchildren.
He graduated from NDSU in 1970 with a BS degree in Agricultural Economics and enlisted in the Air Force where he was an electronics instructor until 1974.
After his discharge he worked for Production Credit Association (Ag Country) in various capacities until 1989.
Who knows when the worst will happen?
It's hard to anticipate when pestilence or inclement weather will take their toll on your crop.
Thankfully, with the right crop insurance and the experienced professionals at Phil Thompson & Associates behind you, even if the worst does happen, you'll be prepared.
Get in touch with us today to learn more bout your options for farm insurance and proper financial planning for taxes and payroll for your farm or agricultural business.
We're pleased to serve customers throughout Minnesota, including those in Warren, East Grand Forks, and Crookston, MN.
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