Crop Insurance

Great American PluS (GAP) SM

Great American Plus allows additional yield and revenue protection by providing optional banded coverage intervals beyond MPCI policy limits.

  •  Simple yield and revenue coverage options up to 95%
  •  Both Optional (OU) and Enterprise (EU) unit structures are available for all coverages. Upward moving price does not decrease yield trigger
  •  GAP Harvest price downward movement limited to 90% of Projected Price

Select a Liability Adjustment Factor (LAF) ranging from 30% to 100%. MPCI level does not determine GAP coverage availability

GAP Yield provides coverage to pay an indemnity whenever the GAP Production to Count is less than the Trigger Yield established by the policy.

GAP Revenue provides coverage to pay an indemnity whenever GAP Revenue to Count is less than the Trigger Revenue establishes by the policy.

The GAP Other Endorsements (OE) election allows insureds to offset a GAP indemnity with an SCO and/ or ECO indemnity. By doing so, this endorsement offers a discounted premium to the insured.

Yield or Revenue Plus Options:

80% to 90%

80% to 95%

85% to 95%

90% - 95%

For more information or to quote GAP visit Agent eVantage.

RPOWERD

RPowerD™ allows greater flexibility in marketing crops by providing protection from fluctuating prices. With alternate price discovery methods, RPowerD enables producers to potentially receive additional policy benefits. Benefits include:

  • 70% - 95% revenue coverage
  • Locked in current market price
  • Option to elect one or more price discovery periods
  • Guarantee a premium to the projected price
  • Choose to insure only a portion of your liability
  • Flexible coverage by practice

For more information or to quote RPowerD visit Agent eVantage.

Added Price Protection (APP)

An APP policy allows a grower to purchase a set dollar per bushel or pound of coverage in addition to your federal MPCI policy to be paid in the event of a yield loss on your MPCI policy. With flexible coverage amounts, select the protection that best suits your operation’s needs!

The policy will pay an indemnity whenever your APP Production to Count for an APP Unit is less than the Trigger Yield for that APP Unit. 

The following coverage amounts are available. The selected amount must be consistent for all practices of any county/crop insured: 

  • Corn: $0.10 - $1.00 per bushel ($0.10 increments)   *Note: Available on field corn only for all states where offered & silage corn in PA only.
  • Soybeans: $0.10 - $2.00 per bushel ($0.10 increments)
  • Sugar Beets: $0.005 - $0.080 per pound ($0.005 increments)
  • Almonds: $.05 - $.50 per pound ($.05 increments)
  • Pistachios & Walnuts: $.05 - $.30 per pound ($.05 increments)

The APP policy is available in select states and crops. Acreage insured under the APP Policy must also be insured by a federally MPCI policy (RP, YP or APH Plan) at the 65% level or higher.

Wind

Green Snap or Windprovides coverage against loss as defined in the policy. Coverage is available on grain corn, seed corn and sweet corn wherever this product is offered. An optional Extra Harvest Expense is available as an add-on feature or can be purchased alone.

Small Grain Wind provides coverage to include direct loss caused by wind damage, but only if such wind damage is accompanied by hail that destroys 5% or more of the insured crop during the same occurrence. Crops covered include Barley, Oats, Rye and Wheat.

Tobacco Wind provides coverage for direct loss due to wind. Under this endorsement, the insured must also purchase underlying hail coverage on the same crops.

Replant

The Replant Coverage Endorsement provides replant coverage that is in addition to the replant coverage provided on an underlying MPCI policy. In the event of a loss, this endorsement will pay the difference between the insured’s cost to replant and any benefit paid under the MPCI policy. Coverage is available on corn and soybeans in all states where this product is offered. This coverage is also provided for cotton and sugar beets in some states.

Winter Wheat Replant provides coverage for “winterkill” and “snow mold” for winter wheat that has been planted in the current year and is to be harvested the following year. The insured must also apply for hail coverage on these same crops as stipulated in the policy.

Fire

Coverage against unavoidable loss of crop(s) caused by fire and lightning:

  • Before or during harvest
  • While the crop is within the timeframe to be harvested as grain
  • While the crop is in the harvester’s vehicle or in another vehicle owned by you and in your care, custody and control
  • While the crop is being transported to the first place of storage, not to exceed 50 miles

Eligible crops vary by state, but generally include wheat, corn, and soybeans. Some states expand coverage to oats, barley and seeds. 

HAY FIRE

Hay Fire & Theft insures stacked hay that is stored at locations described in the application and diagram provided by the grower. Coverage begins upon acceptance of the application and is available in terms ranging from 30 days to one year. Rates are available to insure against the perils of fire only or fire and theft.

Freeze

Citrus Freeze offers protection for the grower that covers citrus fruit damage caused by freeze and/or frost.

Citrus Business Interruption offers protection for the citrus packer against unavoidable loss due to freeze to the citrus fruit supplied to them for packaging.

Grape Cluster Freeze protects against frost or freeze that results in direct physical damage or death to the inflorescence or formed berry clusters.

This product is available in California only.

Rain

ELS Cotton provides coverage for a reduction in grade due to rainfall which results in a color grade of 3 or higher.

Tomato Rain provides coverage on canning and processing tomatoes against excess rainfall resulting in:

  • Prevention of harvest due to the inability to use normal harvesting equipment during the harvest period; or
  • Rejection of harvested tomatoes for not meeting the minimum standards for mold or rot

Raisin Reconditioning provides coverage for reconditioning expenses incurred by the insured in the event a measurable rainfall occurs while raisins are on trays or in rolls at the insured location and the raisins fail a USDA inspection. We also provide coverage for “Extra Field Expenses” as described in the policy.

 

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