Crop insurance is a key risk management tool that protects Idaho farmers and ranchers from financial losses due to natural disasters. With constantly changing market conditions and federal programs, crop insurance is complex. Two types of crop insurance are available to Idaho farmers. A Farm Bureau Insurance Crop Specialist can help you understand crop-hail and multi-peril crop insurance programs.
Hail has the unique ability to totally destroy a significant part of a planted field while leaving the rest undamaged. Farmers often purchase a Crop-Hail policy to protect high-yielding crops. A Crop-Hail policy can be purchased throughout the growing season from Farm Bureau Insurance.
Multiple Peril Crop Insurance (MPCI)
MPCI policies are part of the Federal Crop Insurance Program and cover loss of crop yields from all types of natural causes including drought, excessive moisture, freeze, and disease. Coverage options combine yield protection and price protection to guard farmers against potential loss in revenue, due to low yields or changes in market price. MPCI policies have specific deadlines and must be purchased prior to planting.
Since these insurance programs and what you’re raising change every year, your Farm Bureau Insurance Crop Specialist can help you navigate the available crop insurance policies including:
- Yield Protection
- Revenue Protection
- Revenue Protection with Harvest Price Exclusion
- Whole-Farm Revenue Protection
- Livestock Revenue Protection
Farm Bureau Crop Specialist
Discover the value of an insurer who knows Idaho and crop insurance. Your Crop Specialist will:
- Provide a no-cost, no-obligation review of your crop insurance plan
- Help you understand the available policies including livestock policies
- Help you organize your crop insurance reporting
- Use computerized systems to map your production areas
- Provide you with year-round service
With weather and market conditions constantly changing, it’s nice to know you can protect the future of what you’re raising with crop insurance from Farm Bureau Insurance.