Crop Insurance 

Mother Nature and fluctuating market prices are enough to keep any producer on edge these days – as these change, so does the risk factor to your farming operation.  That is why it is more important than ever to have the right crop insurance coverage.   Farmers Mutual Hail and ARMtech offer hail and multi-peril crop insurance to protect your crops from nearly all potential risks.  Tyler Insurance can help you determine the products that best fit your needs.
Call Pam Gray at 641-782-5503 or Lois Ibbotson at 641-464-3214.


Multi-Peril Crop Insurance 
Protect your crops with a Multi-Peril Crop Insurance (MPCI) policy.  Beginning in 2011, the Risk Management Agency (RMA) created the Common Crop Insurance Policy, also known as the Combo Policy that combines Actual Production History (APH), Crop Revenue Coverage (CRC), Revenue Assurance (RA), and Income Protection (IP) policies into a single insurance policy provision.   Some of the most common MPCI Policies are as follows:



YP (Yield Protection): Guarantees your yield.  Replaces APH Plans for Corn and Soybeans.  If you harvest  under your guaranteed bushels you have a loss.

RPHPE (Revenue Protection with the Harvest Price Exclusion): Guarantees revenue only.  Replaces RA (Revenue Assurance) without HPO(Harvest Price Option).  If your harvested revenue is less than your guaranteed revenue you have a loss.  This policy does not give you any protection for yield. The harvest price is the October average for December contracts from the CBOT for corn and October average for November contracts from the CBOT for soybeans.  If harvest prices are high but your yields are low, it is possible you will not have a loss due to the increase in prices.

RP (Revenue Protection): Guarantees revenue and yield.  Replaces the CRC (Crop Revenue Coverage) and RA HPO (Revenue Assurance with Harvest Price).  If you harvest under your guaranteed yield or revenue you have a loss.  The harvest price is the October average for December contracts from the CBOT for corn and October average for November contracts from the CBOT for soybeans.   The maximum amount the harvest price can go up is 200% above the spring price, and down is an unlimited amount.

CAT Policy: Your Guarantee is 50% of your approved yield at 55% of the Base Price.  The cost is $300 per crop per county.  If you currently have a CAT Policy we should look at buying up coverage.


Dates to remember for MPCI Policies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


 Crop Type  Corn  Soybeans
 Sale Closing Date  March 15  March 15
 Cancellation  March 15  March 15
 Earliest Planting  April 11  April 21
 Final Planting  May 31  June 15
 Acreage Report  July 15  July 15
 End of Insurance Period  December 10  December 10
 Production Report  Needs to be completed immediately following harvest to check for losses.
 Losses or Expected Losses  Turned in by Dec. 10 unless harvest is completed prior to Dec. 10.
 Forage Seeding  Claim deadline is May 21.


Crop Hail Insurance 
Most hail storms last between three and five minutes.  In that time, Mother Nature can deal a crushing blow to your crops, your profits, and the future on your farming operation.  We have a variety of products available.   Please give us a call for a quote.


Please complete the information form HERE and we will contact you by phone to discuss your insurance needs or email us today!


Our Companies for Crop/Hail Insurance ………………………………………………………….

Farmers Mutual Hail