Protect Your Yield, Revenue, and Cash Flow
Crop insurance is a federally regulated risk management tool administered by the USDA's Risk Management Agency (RMA). Crop insurance policies cover two primary sources of loss:
- Production risk (yield damage from weather, insects, disease, or wildlife) and
- Price risk (revenue decline from market fluctuations).
Premiums are partially subsidized by USDA, and coverage options vary by crop, county, and operation type.
When a weather event, disease pressure, or price drop hits your operation, crop insurance is what lets you recover and keep farming. Farm Credit agents work with agricultural producers to match crop insurance coverage to your actual risk; whether that's yield loss on row crops, price exposure on livestock, or revenue protection across your whole farm.
What types of crop insurance are available for my operation?
We offer a diverse range of options to mix and match to your operation's needs. Contact us or call us today at 888.339.3334 to speak with your local crop insurance agent to learn which of these will work best for you.
- Yield Protection
- Provides protection against a loss in production below the predetermined guarantee. Producers may select from a variety of coverage levels to personalize their policy. The insurance yield is based on a policyholder's actual production history, which is the average yield obtained on the insured unit for four to ten consecutive years. If the average yield per acre is less than the yield guarantee, an indemnity is paid.
- Additional coverage included: Prevented Planting, Replant Coverage
- Coverage Levels: 50-85% (in 5% increments)*
- Revenue Protection
- Provides protection against lost revenue caused by production loss, harvest price increase or decrease, or a combination of yield and price loss. The insurance yield is based on a policyholder's actual production history, which is the average yield obtained on the insured's units for four to ten consecutive years. The price is obtained from the Chicago Board of Trade (CBOT). Guarantees for each unit and crop are set using a base price and your average yield. A loss is paid when the calculated revenue, which is determined using the harvest price and your actual harvested yield, which is less than the set Revenue Protection Guarantee.
- Additional Coverage Included: Prevented Planting, Replant Coverage
- Coverage level options: 50-85%*
- Dairy Revenue Protection (DRP)
Provides protection against unexpected declines in the quarterly revenue from milk sales relative to a guaranteed coverage level. Learn more about DRP pricing options, coverage levels, and more.
- Pasture, Rangeland & Forage (PRF)
Provides protection against the risks of forage loss due to the lack of precipitation. Click here to learn more about PRF coverage, claims, and more.
- Livestock Gross Margin (LGM)
Provides protection against the loss of gross margin (market value of livestock minus feeder cattle and feed costs) on cattle. Click here to learn more about LGM policies, insurance periods, and more.
- Livestock Risk Protection (LRP)
Provides you with a defense against declining livestock prices for fed cattle, feeder cattle, and swine. LRP is available all year long with no specific sales closing date.
Benefits of LRP include:
- Guaranteed price. When the market prices go down, you're protected at your locked in price.
- Any number of head can be covered.
- Numerous endorsement period options to fit any type of operation.
- Wide range of target weights.
- Easy and fast indemnity payments.
Premium is subsidized by USDA.
Click here to learn more about LRP coverage.
- Crop Hail/Fire Insurance
Provides protection against partial or full hail damage to crops, even when the acres and loss of crop yield is less than the deductible of your federal crop insurance policy or your yield is not lowered enough for a revenue protection insurance policy.
Benefits include:
- Protects profits
- Fosters grower confidence to do pre-harvest crop sales
- Protects the crop up to the full value
- Acre-by-Acre coverage will provide protection against isolated damage
- May be used as loan collateral
- Provide worry-free protection for tough times
- Can be purchased in addition to MPCI policy or alone
Policy features with basic crop/hail coverage:
- Hail protection
- Fire protection - by lightning, equipment, third-party damage
- Fire Department service charge coverage
- Transit coverage
- Reimbursement of replanting (most crops)
We offer a wide range of Crop-Hail plans from basic coverage to a wide variety of companion plans that are specific to each state. Crop-Hail can be purchased and attached anytime when the planted crop emerges to pre-harvest. Please contact your local Farm Credit agent to determine which available plan will best meet your risk management needs.
- Whole Farm Revenue Protection
Provides risk management protection for all commodities on the farm under one insurance policy. Click here to learn more about coverage, eligibility, and more.
- Perennial Crops, Nursery Crops, Vegetables, Oysters and Tobacco
Farm Credit has experienced agents and policies available for the specialty crops listed below.
- Orchards
- Vineyards
- Vegetables for Processing and Fresh Market
- Tobacco
- Nurseries
- Greenhouse Crops
- Shellfish (Oysters)
If you are producing any type of specialty crop, please don't hesitate to reach out to one of our agents and see what type of coverage is available in your area!
*This information is for general purposes only and shall not modify the terms of any insurance policy. Please refer to policy information found in the actuarials for your commodity/plan type.
- Does crop insurance cost more through one agent versus another?
No. Crop insurance is federally regulated through USDA's Risk Management Agency (RMA), which sets premium rates regardless of carrier or agent. The difference is the agent's knowledge of your operation, your county's actuarials, and how well they match coverage to your actual risk.
- What is the deadline enrolling in crop insurance each year?
Each crop insurance type has a sales closing deadline set by RMA each year. Missing it means waiting until the following year. Deadlines vary by crop and state — contact an agent well ahead of planting season to confirm your window.
- Can you combine multiple crop insurance policies together?
Yes. Most agricultural operations carry a combination — federal multi-peril coverage alongside a crop hail policy, for example, or revenue protection for row crops and LRP for livestock. An agent can build a coverage stack that fits your operation without gaps or redundant premiums.
- What farm insurance carriers does Horizon Farm Credit work with?
We place crop insurance policies through Rain and Hail, RCIS, and NAU Country, which gives our agents the flexibility to match your operation with the right policy and company.
Crop Insurance Deadlines:
We wanted to make sure that we had enough to pay our bills and live, so we decided at that time to start dealing with crop insurance.
Get Started
Contact one of our agents to find out how Farm Credit can help you.
