Crop Insurance

Coverage for your crops

Over 90% of insurable farmland in the U.S. is protected through the Federal Crop Insurance Program. Now more than ever, insurance is crucial to protecting your operation and livelihood.

Multi-Peril Crop (MPCI)

Multi-Peril Crop Insurance protects you against production losses and/or revenue losses while also providing prevented planting and replant protection. MPCI creates peace of mind for the insured by providing a cash flow safety net and helps improve the financial management of your operation.

  • Yield Protection (YP): expressed as a production guarantee
  • Revenue Protection (RP): expressed as a dollar guarantee

Crop Hail

Crop Hail coverage is a standalone policy that can be purchased with or without MPCI. Hail is the main peril covered but can include some fire, lightning, theft, transit, vandalism, malicious mischief, and replanting coverage as well. Crop Hail as several deductibles and loss payment factors available to offer different premium options to fit your operation.

Production Plan Hail

Production Plan Hail coverage is a standalone product that is combined with your MPCI policy. It provides protection for hail above your individual unit guarantees on your MPCI policy. This hail coverage will pay the lesser of the actual hail loss or production loss. Production Plan Hail pays the limit of insurance and then MPCI will pay for any additional losses. Various Yield Modifiers and Price Election Modifiers can be purchased to customize your coverage.

Field Grain Fire (FGF)

Field Grain Fire is a standalone product that gives you dollar coverage per acre on your growing crops due to fire, lightning, and removal from premises if endangered by these perils. Coverage can be purchased up to the actual value of the crop. Additional storage coverage can be purchased as well.

Livestock Risk Protection (LRP)

Livestock Risk Protection provides coverage against declining livestock prices if the price, as specified in the policy, falls below the selected coverage price. Coverage is available for sale throughout the year with a minimum contract length of 13 weeks.

 

Coverage prices range from

  • 70% to 100% of daily prices for swine, fed cattle and feeder cattle
  • 80% to 95% for lamb

Pasture, Rangeland & Forage

Pasture, Rangeland, and Forage protects against the widespread loss of production of the insured crop in a designated area called a grid. Coverage is based on the experience of a grid rather than individual farms and is express in a dollar amount of coverage per acre. PRF is available in a Rainfall Index or Vegetation Index and available in certain states and counties.

Pature Fire

Pasture Fire coverage protects perennial pasture, rangeland, or forage ground against fire caused by the direct result of lightning strikes, machinery equipment, or weather-related downed power lines.

Hemp Crop Insurance

hemp

Available in 32 counties in Colorado. Learn more.

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