Trend Adjustment New for 2012! Click here for more details or call your local agent.
At AgQuest we feel strongly about the details of your policy, by answering a few simple questions you decrease the chance for error or misunderstanding before it becomes a costly mistake. Use our Insurance Checklist to help you prepare.
Crop Hail Insurance policies are not part of the Federal crop insurance program. Crop-Hail coverage is purchased because hail has the aptitude to completely destroy a major part of a planted field while some is left untouched. A crop-hail policy can be purchased at any time during the growing season.
MPCI (Multi-Peril Crop Insurance) policies must be purchased prior to planting and cover loss of crop yields from all types of natural causes including drought, excessive moisture, freeze, and disease. Newer coverage options combine yield protection and price protection to protect farmers against potential loss in revenue, whether due to low yields or changes in market price.
- APH*
- Bushel guarantee
- 50%-85% where applicable
*still available for crops that don’t qualify for YP
- YP (Yield Protection)
- Replaces APH plan
- Will no longer have an RMA established price election
- Yield guarantee (bushels, pounds, etc.). Coverage levels 50%-85%
- RP (Revenue Protection)
- Revenue guarantee
- Coverage levels 50%-75% (80%-85% where applicable)
- Replaces CRC/RA plans of insurance
- GRP, GRIP (Group Risk Plan)
- County-based coverage
- Covers widespread losses
- 90% coverage available
Named Peril Products (Hail, Wind, Greensnap) are recommended as either supplements to your MPCI or Crop Hail policies or as standalone policies. They are designed to cover gaps in coverage such as hazards unique to specific crops, unavailability of MPCI and hail insurance in your area, or to cover a processor.
Adjusted Gross Revenue (AGR) crop insurance provides producers with protection against low revenue from natural causes and market fluctuations. The insurance covers income from agricultural commodities, as well as income from animals, animal products, and aquaculture species reared in a controlled environment.
AgQuest Insurance Agency is an Equal Opportunity Provider
