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Crop Insurance
Multi-Peril Products

The table below lists insurance products, followed by farm characteristics. These farm characteristics indicate the types of farms for which each particular insurance product may be advantageous.

Insurance Product Farm Characteristics HTML PDF  
CAT
  • Strong farm financial position
  • Low yield variability
  • No crop disasters
CAT 24K
APH
  • Moderate to vulnerable financial position
  • Use of pre-harvest hedging
  • High yield variability
  • Some high-risk farmland
APH 31K
IP or RA-BP
  • Moderate to vulnerable financial position
  • Little use of pre-harvest hedging
  • Desires a revenue guarantee
IP

RA-BP
36K

36K
CRC or RA-HP
  • Moderate to vulnerable financial position
  • Aggressive use of pre-harvest hedging
  • Desires a revenue guarantee
CRC

RA-HP
38K

38K
GRP
  • Strong financial position
  • Relatively high-quality farmland
    or
    Farm yields closely track county yields
  • Use of pre-harvest hedging
GRP 36K
GRIP-NoHR
  • Strong financial position
  • Relatively high-quality farmland
    or
    Farm yields closely track county yields
  • Little use of pre-harvest hedging
GRIP-NoHR 31K
GRIP-HR
  • Strong financial position
  • Use of pre-harvest hedging
GRIP-HR 29K

 


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