Multi-Peril Crop Insurance
Over 90% of producers carry a Federal Multi-Peril Crop Insurance (MPCI) policy. MPCI coverage is available for over 120 different crops, though not all crops are covered in all areas.
Most plans are set up to protect farmers from losses of revenue due to decreasing commodity prices, yield losses, or a combination of both.
Crop Insurance provides protection from naturally occurring perils including-
Failure of Irrigation Water Supply
Federal Crop Insurance also pays farmers to if they have to replant a crop or if they run into a situation where they have a field they can’t plant.