Crop and Livestock Insurance for Your Growing Concerns

I can help you determine which federal crop and crop hail insurance programs best meet your specific needs:

•  Revenue Protection

  Revenue Protection (RP) offers comprehensive protection through a dollar guarantee. RP also provides prevented planting and replant protection. A projected price is used to calculate the premium, replant payments and prevent planting payments. Revenue Protection with Harvest Price Exclusion (RPHPE) is also available.

•  Pasture Rangeland Forage (PRF)

  This option protects against widespread loss of production of the insured crop in a designated area called a grid. Coverage is based on grids rather than individual farms. Coverage under the PRF is available for two crop types: Grazing and Haying.

•  Actual Production History

  Actual Production History provides comprehensive protection against weather-related causes of loss and certain other unavoidable perils.

•  Area Revenue Protection

  The Area Revenue Protection (ARP) plan of coverage is an area-based revenue insurance program that provides insurance protection against widespread loss of revenue in a county. ARP does not provide coverage for prevented planting or replanting. Area Revenue Protection with Harvest Price Exclusion (ARPHPE) is also available.

•  Area Yield Protection

  Area Yield Protection (AYP) provides protection against loss of yield due to a county level production loss. A loss payment triggers when the county average yield in a given year falls below the trend adjusted average yield by a greater percentage than the insured’s selected deductible. AYP does not provide coverage for prevented planting or replanting.

•  Stacked Income Protection

  The Stacked Income Protection Plan (STAX) is an area-based plan of insurance for upland cotton that provides protection against natural causes of loss that result in the area revenue falling below the county loss trigger. STAX may be purchased as a stand-alone policy or in conjunction with a Common Crop Insurance Policy (Yield Protection, Revenue Protection, Revenue Protection with the Harvest Price Exclusion and Whole-Farm Revenue Protection) or any Area Risk Protection Insurance policy (Area Yield Protection, Area Revenue Protection and Area Revenue Protection with the Harvest Price Exclusion).

•  Supplemental Coverage Option

  The Supplemental Coverage Option (SCO) provides additional coverage for a portion of your underlying crop insurance policy deductible. SCO is an endorsement to either a Yield Protection (YP), Revenue Protection (RP) or Revenue Protection with the Harvest Price Exclusion (RPHPE) policy.

•  Whole-Farm Revenue Protection

  Whole-Farm Revenue Protection (WFRP) provides a risk management safety net for all commodities on the farm under one insurance policy. This insurance plan is tailored for any farm with up to $8.5 million in insured revenue, including farms with specialty or organic commodities (both crops and livestock), or those marketing to local, regional, specialty or direct markets.

•  Yield Protection

  Yield Protection (YP) protects against a production loss for crops and also provides prevented planting and replant protection.

To learn more about crop insurance programs available through FBFS or to find a crop insurance agent in your area, contact us at 1-800-370-3357 or via e-mail at crop@fbfs.com.

•  Crop Hail

  Crop Hail coverage is available up to the full value of the crop. Deductibles provide a variety of choices that permit the producer to partially self-insure for a reduced premium cost.

•  Companion Hail

  Covers that portion of the crop not covered by a policy reinsured or approved by Federal Crop Insurance Corporation (FCIC). Provides protection against any yield reduction caused by hail and/or fire. Designed to work in conjunction with a policy reinsured or approved by FCIC and contains increasing payment factors which match up with the various coverage levels.

•  Green Snap or Wind

  Provides coverage against direct loss due to Green Snap or Lodging caused by natural wind to field corn, seed corn or sweet corn. Coverage options include Green Snap coverage, wind (Green Snap and/or Lodging) coverage or extra harvest expense coverage. Extra harvest expense coverage may be added to Green Snap or wind (Green Snap and/or Lodging) coverage, or elected as a separate standalone coverage.

• Field Grain Fire

  Insures standing grain crop against direct loss by fire and covers any loss of grain due to collision or upset of vehicles while the grain is being transported to the first place of storage. A Stored Grain Coverage endorsement is also available to cover the grain in storage against fire.

•  Hay Fire

  Insures hay stored in the open or in buildings or structures against direct loss by fire. Other coverages provided include loss of hay due to windstorm, collision, overturn and collapse of bridges, docks or culverts while the hay is being transported, loss of fencing, fire department service charges, and theft and vandalism.

•  Production Plan

  Covers, on a unit basis, the portion of the crop not insured under a Yield Protection (YP) or Revenue Protection (RP) plan of insurance. An underlying YP or RP policy is required. An option for Green Snap or Wind coverage is also available.

•  Rain Insurance on Special Events

  Insures against direct loss to events caused by rainfall. This policy is written for a short term of only a few hours for a specific event susceptible to “rain-out,” such as a rodeo or concert.

•  Revenue Plus

  Revenue Plus (RVP) is a private endorsement product that provides additional revenue coverage for the same crop(s)/county(ies) insured under the Revenue Protection (RP) plan of insurance. If the unit structure for RVP is the same as for the underlying RP policy, a RVP loss will be triggered at the same time as the RP policy regardless of whether the loss is due to a yield loss and/or price loss.

•  Revenue Price Option

  Revenue Price Option (RPO) is a private product that provides additional price coverage for corn and soybeans.

•  Yield Plus

  Yield Plus (YDP) is a private endorsement product that provides coverage based on the insured’s approved yield established for the underlying federal crop insurance policy. YDP provides coverage against yield losses which results in the production to count being less than the production guarantee. YDP coverage is available when the underlying federal crop plan of insurance is Yield Protection (YP), Revenue Protection (RP), or Revenue Protection with the harvest price exclusion (RP-HPE).

To learn more about crop insurance programs available through FBFS or to find a crop insurance agent in your area, contact us at 1-800-370-3357 or via e-mail at crop@fbfs.com.