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Comparison of Crop Insurance Plans

MultiPeril Catastrophic Group Risk Plan Crop Revenue Revenue Assurance Group Risk Income
Insures against Individual production loss Individual production loss County production loss Individual revenue loss Individual revenue loss County revenue loss
Yield coverage

50%-75% of APH

80%-85% (most areas)

50% of APH 70%-90% of expected county yield

50%-75% of APH

80%-85% (most areas)

65%-75% of APH

80%-85% (most areas)

80%-85% (if whole farm unit)

70%-90% of expected county yield
Price coverage 100% of RMA set market price 55% of RMA set market price 60%-100% of RMA set market price 100% of averaged CBOT futures 100% of averaged CBOT futures 60%-100% of averaged CBOT futures
Results on which indemnity is based Actual yield Actual yield Average county yield Actual yield and futures price Actual yield and futures price Average county yield and average futures price
Insurable units Basic and optional units Basic units Crop Basic, optional and enterprise units Basic, optional, enterprise and farm units Crop

The information contained in this communication is presented for illustration purposes only and is not intended to replace a consultation with a qualified crop insurance agent.