Products

Multi-Peril Crop Insurance (MPCI)

MPCI provides comprehensive coverage against risks like drought, pests, and disease, offering flexible policy options tailored to farmers’ needs. Key options include Revenue Protection (RP), which insures against revenue losses due to yield or price drops; Yield Protection (YP), which safeguards against low yields; and Area Risk Protection Insurance (ARPI), which covers regional production risks.

Livestock Risk Protection (LRP)

LRP is designed to safeguard livestock producers from declining market prices. It allows producers to select from various coverage levels and insurance periods that align with their marketing plans, providing flexibility and financial security.

Pasture, Rangeland, Forage (PRF)

PRF insurance is an area-based plan that protects against forage losses due to insufficient rainfall. Utilizing a rainfall index, it helps producers manage the risk of reduced forage availability for grazing or haying, thereby supporting livestock operations during dry periods.

Whole Farm Revenue Protection (WFRP)

WFRP provides a comprehensive safety net by covering the revenue of all commodities produced on a farm under a single policy. It's tailored for diverse operations, including those with specialty or organic products, ensuring financial stability across various agricultural activities.

Dairy Revenue Protection (DRP)

DRP is a federally subsidized crop insurance program that helps dairy producers manage revenue risks caused by price fluctuations in the milk market. Producers can customize coverage based on milk price, components (butterfat, protein, and solids), and production levels, insuring up to 95% of expected revenue. DRP focuses exclusively on market-related risks, offering quarterly policies and government-subsidized premiums.

Livestock Gross Margin (LGM)

LGM insurance protects against unexpected decreases in the margin between livestock revenue and feed costs. It is available for cattle, swine, and dairy producers. Policies are tailored to cover anticipated feed costs and livestock sales revenue over a specific period. LGM uses futures prices for both feed inputs and livestock to calculate the margin guarantee, and indemnities are paid when actual margins fall below the insured level.

Area Revenue Protection (ARP)

ARP insures against revenue losses in a geographic area (typically a county) rather than on an individual farm basis. The policy guarantees revenue based on expected area yields and market prices, calculated using futures contracts. If the area revenue falls below the insured level due to price changes, lower-than-expected yields, or both, indemnities are paid. This program is ideal for producers who want broad protection without directly insuring their farm's yields.

Crop-Hail

Crop-hail insurance is a supplemental policy that provides specific coverage against hail damage, which can be localized and severe. It is purchased separately from federal crop insurance (like MPCI) and offers additional protection by paying for losses caused by hail, even if the farmer's broader crop insurance policy does not trigger a payout. Policies can also include coverage for fire, wind, or other named perils depending on the provider.

Margin Protection
(MP)

MP is designed to safeguard farmers against unexpected declines in their operating margin. It provides coverage for reductions in revenue caused by lower prices or yields and increases in input costs such as fertilizer, fuel, and chemicals. The policy is area-based, with guarantees determined at the county level rather than individual farms. Farmers can purchase MP alone or pair it with Revenue Protection (RP) for added flexibility. Indemnities are triggered when the margin falls below the insured level, offering robust protection against both cost and income volatility.

Revenue Accelerator Max Protection (RAMP)

RAMP is a private crop insurance policy designed to enhance the revenue guarantees provided by federal crop insurance programs. RAMP allows farmers to increase their revenue protection by covering the gap between their federal policy guarantee and the desired revenue level. The policy provides customizable options for both yield and price protection, making it a flexible tool for managing revenue risks. RAMP is typically used to complement Revenue Protection (RP) or other federal policies, offering farmers additional financial security in the event of revenue shortfalls.

Enhanced Coverage Option (ECO)

ECO is an endorsement that provides area-based coverage on top of an existing underlying crop insurance policy. ECO covers a portion of the deductible, insuring losses that occur above 86% and up to 95% of the expected revenue or yield. Payments are triggered when county-level losses exceed the coverage threshold, regardless of individual farm performance. ECO is designed to help farmers manage risks beyond their primary policy's coverage level and is commonly paired with policies like Revenue Protection (RP).

Supplemental Coverage Option (SCO)

SCO is an endorsement that provides additional area-based coverage, complementing an existing individual policy. SCO covers part of the deductible from the underlying policy, insuring losses that occur between 86% and the coverage level of the primary policy. Payments are triggered when county-level losses exceed the threshold, even if individual farm losses are below that level. SCO is particularly useful for producers enrolled in the Price Loss Coverage (PLC) program under the Farm Bill, offering added protection against revenue or yield risks.

Annual Forage (AF)

AF is a program designed to protect producers of annual forage crops such as small grains, millet, and forage sorghum. The policy provides coverage for reduced forage production due to a lack of precipitation during the insured period. It is available in specific states and counties where annual forage is a common practice. The Rainfall Index is used to determine losses based on precipitation levels, and coverage can be tailored to different intervals that align with the producer’s growing season. AF insurance offers a critical risk management tool for livestock producers relying on annual forage for feed.

Catastrophic Risk Protection (CAT)

CAT is the most basic level of federally subsidized crop insurance, designed to provide minimal protection against severe yield losses. CAT covers 50% of a crop’s average yield at 55% of the projected market price, offering affordable protection with low administrative fees instead of premiums. It is intended for farmers who want basic coverage to mitigate catastrophic events, such as widespread drought or flooding, but it does not provide revenue protection or coverage for smaller losses. CAT is commonly used by farmers seeking compliance with Farm Bill requirements for federal program participation.

Weaned Calf Risk Protection (WCRP)

WCRP provides beef cow-calf producers with revenue coverage for their calves from birth through weaning. Unique among livestock insurance plans, WCRP offers both yield and price protection. Coverage is based on the average weaning weight per calf, with T-Yields available for producers without sufficient historical data.

Apiculture Pilot Insurance (API)

API offers beekeepers a safety net for their primary income sources, including honey, pollen collection, wax, and breeding stock. The program uses the Rainfall Index to assess coverage, providing protection against weather-related losses that affect forage availability for bees. API is designed with flexibility in mind, accommodating the diverse plant systems that support apiculture, including a wide range of species with varying growth habits, seasons, and climate needs. This tailored approach ensures coverage for the unique challenges faced by beekeepers in maintaining healthy and productive colonies.