Supplemental Coverage Option
The Supplemental Coverage Option (SCO) is an endorsement introduced in the 2014 Farm Bill, which went into effect beginning in 2015. SCO protects against widespread loss of yield or revenue in a county by providing coverage for a portion of the deductible of the underlying YP, RP, or RP-HPE crop insurance policy.
An indemnity is due if the county yield/revenue (depending on the base policy) falls below 86% of the expected yield/revenue. SCO will continue to apply until the county yield/revenue falls below the coverage level of the underlying policy.
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AgriSompo North America is one of the nation’s largest underwriters of federally-sponsored crop insurance. We’re dedicated to protecting the livelihoods of farmers and ranchers by offering direct and customized agribusiness risk management products through a nation-wide network of exceptional independent crop insurance agents.
For general questions, information regarding agency appointments, or to find an AgriSompo North America agent in your area, contact us today.