Multiple Peril Crop Insurance (MPCI)

Multiple Peril Crop Insurance was developed by the Federal Crop Insurance Corporation and provides coverage against unavoidable crop loss for most crops. MPCI is the general category of all products currently available. The different products are designed so farmers can customize their risk management strategy, even by crop. There are products that protect against individual yield loss, price, or a combination of yield and price; dollar amount products for specific crops that are production based; plus products using county-based yield loss and revenue loss. Rates are set by the FCIC so cost does not vary from company to company or agent to agent.

Crop Hail insurance is also available and offers additional protection. Crop Hail is not a federally subsidized product, and rates and product can vary from company to company.