Multi-Peril Crop Insurance
- Yield Protection (YP) provides protection against production losses
- Coverage levels available from 50% to 85% in 5% increments
- Catastrophic (CAT) coverage available at 50% coverage level with 55% of projected price
- YP and CAT include prevent plant coverage
- YP includes replant coverage
- Revenue Protection (RP) provides protection against production loss, the decline of commodity price or combination of both
- Coverage levels available from 50% to 85% in 5% increments
- RP includes replant and prevent plant coverage
- RPHPE (Harvest Price Exclusion) also available under RP
- Area Yield Protection (AYP) provides protection against loss of yield due to county level production loss
- Coverage levels available from 70% to 90% in 5% increments
- CAT is available for AYP at 65% coverage level and 45% of projected price
- No prevent plant or replant coverage
- Area Revenue Protection (ARP) provides protection against loss of revenue in a county caused by low yields, low prices or a combination of both low yields or prices
- Coverage levels available from 70% to 90% in 5% increments
- No prevent plant or replant coverage
- Area Revenue Protection with Harvest Price Exclusion (ARPHPE) also available
- Replant coverage included with Yield Protection and Revenue Protection policies
- Supplemental Replant Coverage available in addition to your included Common Crop Insurance Policy’s replant coverage
- Only available if producer elects Price Loss Coverage (PLC) at the FSA Office
- Supplemental Coverage Option (SCO) provides additional coverage on top of an underlying MPCI policy
- Coverage available up to 86%
- SCO has 65% premium subsidy
- Losses are area based and an indemnity triggers when there is a county level loss
Hail Insurance
- Hail Protection
- Fire Protection
- Wind Protection
- Vandalism
- Fire Department Service Charge
- Transit Coverage
- Stored Grain Coverage
- Catastrophe Loss Award (most coverages)
- Replanting Coverage (most crops)
- Protects profits
- Protects crops up to the full value
- Acre-by-acre coverage provides protection from isolated damage
Other endorsements available:
- Green Snap
- Replant Buyout
- Replant Exclusion
Pasture, Rangeland & Forage
- Pasture, Rangeland and Forage is a rainfall index program used to financially stabilize your forage production over time.
- Provides coverage for lack of precipitation over two month intervals within your grid.
- PRF Grids are approximately 12 miles x 12 miles
- Precipitation data collected and certified by National Oceanic and Atmospheric Administration (NOAA).
- Federally subsidized program (51%)
- No record keeping or adjusters required
- Claims automatically generated at the end of chosen two month intervals.
Livestock Insurance
- Livestock Risk Protection (LRP) provides protection against declining livestock prices if the price drops below the selected coverage price
- Must have ownership of livestock to be eligible
- LRP prices are set daily at market close
- Coverages vary by type, target weight and length of contract endorsement period
- Death of livestock is not an insurable peril