Multi Peril Crop Insurance (MPCI) Coverage

Insurance must be applied for by September 30th for YP Forage Production (established hay), November 30th for GRP Forage Production and March 15th for spring planted crops.

Yield Protection (YP)

• Coverage is based on individual yield history.
• Coverage levels available are CAT (50% level, 55% price), 50%, 55%, 60%, 65%, 70%, 75%, 80% & 85%.
• Coverage per acre is determined by individual yield history, the level of coverage chosen, and the price determined by FCIC.
• Claims are based solely on the amount of production produced.
• This coverage provides yield-only coverage.

Revenue Protection (RP)

• Coverage is based on individual yield history and future market prices. 
• Coverage levels available are 50%, 55% 60%, 65%, 70%, 75%, 80% & 85%.
• Coverage per acre is determined by individual yield history, the level of coverage chosen, and the futures commodity price determined by the higher of a specified board of trade during the month of February or a month near harvest.
• Claims are based on the amount of production produced and the commodity prices in the spring and the fall.
• This coverage provides yield and revenue coverage.

Revenue Protection with Harvest Price Exclusion (RPHPE)

• Coverage is based on individual yield history and future market prices.
• Coverage levels available are 50%, 55% 60%, 65%, 70%, 75%, 80% & 85%.
• Coverage per acre is determined by individual yield history, the level of coverage chosen, and the futures commodity price determined by a specified board of trade during the month of February.
• Claims are based on the amount of production produced and the commodity prices in the fall.
• This coverage provides yield and declining commodity price coverage.

Group Risk Plan (GRP)

• Coverage is based on county yields.
• Coverage levels available are CAT, 70%, 75%, 80%, 85% & 90%.
• Coverage per acre is determined by the expected county yield, the coverage level chosen and a price set by FCIC.
• This coverage provides yield-only coverage determined by NASS (National Agricultural Statistics Service) data.

Group Risk Income Protection (GRIP)

• Coverage is based on county NASS yields and futures commodity prices.
• Coverage levels available are CAT, 70%, 75%, 80%, 85% & 90%.
• Coverage per acre is determined by the expected county yield, the coverage level chosen and the futures commodity price determined by the higher of a specified board of trade during the month of February or a month near harvest.
• This coverage provides yield & revenue coverage.