Risk & Coverage
Risks Covered
Most policies cover against losses due to:
- Adverse weather conditions
- Insects, disease, or wildlife UNLESS loss is due to insufficient or improper control measures
- Fire due to natural causes (when weeds or undergrowth are controlled, pruning debris removed from the field)
- Volcanic eruption, Earthquake, Tsunami
- Failure of irrigation water supply due to insured causes listed above
- Other causes and exclusions specified in crop policies
- Loss of revenue due to non-manmade causes is covered under some policies
Types of Coverage
Yield Coverage
Guarantees production and is based upon approved yield.
Revenue Coverage
Guarantees Revenue. Some programs based on combined approved yield/price. Some programs based upon an average revenue history.
Dollar Coverage
Provides a Dollar Guarantee for Nursery. Provides Dollar Coverage for trees in the farm.
Whole Farm Revenue Coverage
Revenue guarantee based upon approved average revenue determined from tax records.
Other Types
Livestock Risk Protection. Dairy Livestock Gross Margin. Rainfall Index for Pasture, Rangeland, and Agriculture.
Non-USDA
Private Named Peril. Weather Hedges.
Contact us for more information about covering the crops you grow.
Levels of Coverage
Catastrophic Level: provides approximately 27.5% coverage. Not available on all crops
Buy-up levels: provides coverage of up to 75% on most crops, and 85% on some crops.
Cost of Coverage
Each crop and county program has its own rate table, and premiums are individually determined for each farm or insurance unit within the farm. USDA subsidizes the premium for Conservation Compliant growers, making coverage more affordable. Administration fees are charged in addition to premiums, but Veterans and Beginning Farmers are exempt. Farmers who meet the criteria of USDA’s Limited Resource Grower status may apply for fee waivers.
