Crop Insurance
Crop Insurance is a risk management tool designed to help protect agriculture producers from financial losses caused by factors outside of their control, including adverse weather, yield shortfalls, or price fluctuations.
Multiperil Crop Insurance (MPCI)
MPCI is a comprehensive risk management policy that protects crop losses against uncontrollable risks including adverse weather, natural disasters, diseases, yield losses, and revenue drops. MPCI is a government-subsidized policy, managed by the Risk Management Agency (RMA).
Crop Hail Insurance
Crop Hail Insurance is a specialized form of agricultural insurance that provides protection against crop losses specifically caused by hail damage.
Pasture, Rangeland, and Forage Insurance Policy (PRF)
PRF is an area-based insurance policy that covers Pasture, Rangeland, and Forage used to feed livestock. This is an index-based risk management policy that provides producers with protection against losses due to insufficient precipitation.
Livestock Risk Protection Insurance (LRP)
LRP is a federal subsidized insurance program that protects producers against declines in livestock market prices. LRP established coverage for a specified number of head and compensates the producer if actual market prices fall below the insured level.