Multi-Peril Crop Insurance (MPCI) is the common name given to crop coverage provided through the Federal Crop Insurance Corporation (FCIC). Most MPCI products protect against crop yield losses by allowing participating producers to insure a certain percentage
of historical crop production.
Individual Plans are based upon an individual yield loss and, in some plans, a decline in price, due to a wide range of perils. Individual Plans include Yield Protection (YP), Revenue Protection (RP), Revenue Protection with Harvest Price Exclusion (RP HPE), Actual Production History (APH), and Actual Revenue History (ARH).
Area Plans are insurance plans that provide coverage based on the experience of an entire area, generally a county. These plans include Area Revenue Protection (ARP), Area Revenue Protection with Harvest Price Exclusion (ARP HPE), and Area Yield Protection (AYP).
Rainfall Index (RI)
Rainfall Index policies include Pasture, Rangeland, and Forage (PRF), Annual Forage (AF), and Apiculture (API). RI plans are group policies.
Whole Farm Revenue Protection (WFRP)
WFRP provides a risk management safety net for all commodities on the farm under one insurance policy.
Margin Protection (MP)
MP is an area-based insurance plan that provides coverage against an unexpected decrease in operating margin (revenue less input costs).
Dairy Revenue Protection
Dairy Revenue Protection is an area-based revenue product that is designed to insure against unexpected declines in the quarterly revenue from milk sales relative to a guaranteed coverage level.
Livestock Protection protects against unexpected future declines in the market values, increasing feed costs, or decreasing milk prices.
Learn more about additional plans of crop insurance, including Nursery Insurance and Pecan Tree Crop Insurance.