As a Virginia Farm Bureau member your local crop insurance specialist will work with you to tailor a protection plan to meet your needs as a farmer.
Contact your local Farm Bureau agent or our State Crop Specialist
for more information about how Farm Bureau Insurance can help meet your insurance needs.
We specialize in three types of policies:
Multiple Peril Crop Insurance (MPCI)
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 United States at 50% to 85% of the actual production history (APH) for the farm.
An indemnity price election from 60% to 100% of the Federal Crop Insurance Corporation expected market price is selected at the time of purchase. Minimum Catastrophic Risk Protection (CAT) coverage is available for an administrative fee of only $300 per crop per county.
MPCI coverage provides protection against low yields, poor quality, late planting, replanting costs, and prevented planting.
Group Risk Protection (GRP)
insurance is designed as a risk management tool to insure against widespread loss of production of the insured crop in a county.
Catastrophic Risk Protection (CAT)
CAT provides the minimum amount of MPCI coverage. CAT policies pay only those losses in excess of 50% of your yield guarantee and at 55% of the price set for the crop. CAT coverage allows one basic unit per crop per county per shareholder. It is available for all insurable crops in the United States. Producers serious about risk management will buy-up to higher levels of MPCI coverage.