Multiple Peril Crop Insurance (MPCI) is federally subsidized protection from numerous causes of loss, including drought, excessive moisture, freeze, disease, and more. The availability of coverage may vary by crop, area, and state. As a benefit to the farmer, we have partnered with several insurance companies, which will allow us to provide a customized coverage option for your operation.
- Revenue Protection (RP): Protects against lower yields, lower prices, or a combination of both. This plan is a comprehensive protection with a specific dollar amount guarantee that covers weather-related causes of loss, certain other unavoidable perils, and price fluctuations.
- Yield Protection (YP): Covers for loss of production below a predetermined production guarantee. Insures producers similarly to APH, except a projected price is used to determine insurance coverage.
- Whole Farm Revenue Protection (WFRP): Provides a risk management safety net for all commodities on the farm (crops and/or livestock) under one policy. Tailored for farms with up to $17 million in insured revenue, including those with specialty or organic commodities or direct-market operations.
- Actual Production History (APH): Insures against losses due to natural causes such as drought, excessive moisture, hail, wind, frost, insects, and disease. The producer selects both the amount of average yield and the percent of the predicted price to insure, based on the crop price established annually by RMA.
- Area Risk Protection (ARP): Provides protection against widespread loss of revenue and yield due to a county-level production loss. Individual farm revenues and yields are not considered, meaning a specific farm may experience reduced revenue or yield but not receive an indemnity.
- Crop Hail (CH): Protects against damage due to hail and/or fire. Can be used with MPCI or other comprehensive coverages to reduce the MPCI deductible and offer coverage up to the crop’s actual cash worth. Coverage is given acre-by-acre, so damage to one part of a farm may be covered even if another part is unharmed.
- Pasture, Rangeland, Forage Insurance (PRF): Provides coverage for pasture, rangeland, or forage acreage for haying or grazing livestock. PRF is an area-based insurance program that protects against yield losses caused by low precipitation relative to a historic average.
