Providing agriculture risk protection with knowledge and experience gained through many years as a crop insurance agent, land owner, and farmer.

Federal Products

Actual Production History (APH) is one of the oldest products offered by crop insurance providers in the United States. The APH plan of insurance provides protection against a loss in yield due to nearly all natural disasters.

For most crops, that includes drought, excess moisture, cold and frost, wind, flood, and unavoidable damage from insects and disease. Like Yield Protection (YP), the APH plan of insurance guarantees a yield based on the individual producer’s actual production history. Unlike YP, the available price elections are established by the Risk Management Agency. An indemnity is due when the value of the production to count is less than the liability.

Of the small grain crops, only oats, rye, flax, and buckwheat remain covered under the APH plan of insurance for the current crop year.

Area Protection coverage is based on the experience of the county rather than individual farms.

Area Yield Protection (AYP) indemnifies the insured in the event the final county yield falls below the insured’s trigger yield. The Federal Crop Insurance Corporation (FCIC) will issue the final county yield in the calendar year following the crop year insured. Since this plan is based on county yields and not individual yields, the insured may have a low yield on the farm and not receive payment under AYP.

Area Revenue Protection(ARP) protects against a loss of revenue due to a county-level production loss, a price decline, or a combination of both. Upside harvest price is included which increases the policy protection at the end of the insurance period if the harvest price is greater than the projected price and if there is a production loss.

Area Revenue Protection with Harvest Price Exclusion (ARP-HPE) functions in the same way as ARP, but only uses the projected price and does

not provide upside harvest price protection.

The Enhanced Coverage Option (ECO) is a new crop insurance option that provides additional area-based coverage for a portion of the underlying crop insurance policy deductible.

It must be purchased as an endorsement to the Yield Protection, Revenue Protection, Revenue Protection with the Harvest Price Exclusion, Actual Production History, or Yield Based Dollar Amount of Insurance policy.

ECO offers producers a choice of 90 or 95 percent trigger levels. The trigger level is the percentage of expected yield or revenue at which a loss becomes payable.

Livestock plans are designed to protect prices and gross margins on livestock.

Livestock Risk Protection (LRP)

Livestock Risk Protection is designed to protect against declining market prices. A variety of coverage levels and insurance periods are offered that match the time the livestock would normally be marketed.

Livestock Gross Margin (LGM)

Livestock Gross Margin Insurance provides protection against the loss of gross margin (market value of livestock, or livestock products, minus feed costs). LGM uses futures prices to determine the expected gross margin and the actual gross margin. The price a producer actually receives at market is not used in these calculations.

Dairy Revenue Protection (DRP)

Dairy Revenue Protection insures against unexpected declines in the quarterly revenue from milk sales relative to a guaranteed coverage level. The expected revenue is based on futures prices for milk and dairy commodities and the amount of covered milk production elected by the producer. The covered milk production is indexed to the state or region where the dairy producer is located.

Pasture, Rangeland and Forage

PRF is a FCIC-reinsured risk management tool for farmers and ranchers who rely on pasture, rangeland, or forage for haying and/or grazing. It offers coverage for a significant reduction in rainfall amount in a given geographic area (or grid) containing the insured property.

This policy is designed to give producers the ability to buy insurance protection for losses of forage produced for grazing or harvested for hay, which result in increased costs for feed, destocking, depopulating, or other actions.

STAX

The Stacked Income Protection Plan (STAX) is a product for upland cotton introduced in the 2014 Farm Bill, which went into effect beginning in 2015. STAX provides protection against natural causes of loss that cause county revenue to fall below a county loss trigger. STAX indemnities are not based on individual experience.

Indemnity is triggered if the actual county income falls below the area loss trigger selected by the policyholder. The indemnity amount will be up to 20% of the expected county income; additional coverage will be needed in cases of deeper loss.

SCO

The Supplemental Coverage Option (SCO) is an endorsement introduced in the 2014 Farm Bill, which went into effect beginning in 2015. SCO protects against widespread loss of yield or revenue in a county by providing coverage for a portion of the deductible of the underlying YP, RP, or RP-HPE crop insurance policy.

An indemnity is due if the county yield/revenue (depending on the base policy) falls below 86% of the expected yield/revenue. SCO will continue to apply until the county yield/revenue falls below the coverage level of the underlying policy.

Whole Farm Revenue Protection

Whole Farm Revenue Protection (WFRP) allows producers to cover their entire farming operations with a single insurance product, meaning they no longer need to take out separate policies for each individual commodity.

WFRP protects against the loss of revenue a producer earns or expects to earn from commodities produced during the insurance period and commodities bought for resale during the insurance period. All commodities on the farm are covered except timber, forest, forest products, and animals for sport, show, or pets.

WFRP may be purchased either as a stand-alone policy or bundled with other buy-up level MPCI policies.

Private Products

Crop Hail

Crop Hail (CH) insurance is a private product which provides protection against unavoidable loss to a crop caused by hail, fire, or lighting. During transport to the first place of storage, Crop Hail coverage also protects against collision, overturn, and collapse of bridges, docks, and culverts.

Each Crop Hail plan is written on a dollar-per-acre basis, with the amount of insurance set by the policyholder. AgriSompo North America offers one of the most extensive Crop Hail risk management programs available, with a large variety of plans ranging from complete hail protection to 50% deductibles.

Replant Option

Replant Option (RO) provides the opportunity for an insured to supplement any replant payment received under the Multi-Peril Crop Insurance (MPCI) policy. RO may be sold in conjunction with MPCI coverage.