MPCI (Federal Crop Insurance)
Multiple Peril Crop Insurance (MPCI) provides comprehensive protection against weather-related causes of loss and certain other unavoidable perils. Coverage is available on more than 76 crops in primary production areas throughout the U.S. at 50 to 75 percent of the actual production history (APH) for the farm. Coverage levels of 80 and 85 percent are available for some crops if indicated on the actuarial documents for the county. An indemnity price election from 55 to 100 percent of the Federal Crop Insurance Corporation expected market price (when available on the crop) is selected at the time of purchase.
Minimum Catastrophic Risk Protection (CAT) coverage is available for an administrative fee of only $100 per crop per county. MPCI coverage provides protection against low yields and poor quality as well as prevented planting, late planting and replanting costs for most crops.