Crop Hail Production Plan

By utilizing CHPP with a Revenue Protection (RP) or Yield Protection (YP), or any successors to these plans, producers have the potential of full coverage on their crops.

• Protects the portion of the crop exposed with yield and revenue policies—up to 120% of the insured’s APH (depending on state level availability)
• Maximizes coverage to avoid double coverage on crops
• Coverage is on a unit basis (certain states can elect EP)
• All eligible acres of the requested crop/county from the underlying MPCI policy will be insured
• Can elect the option to insure only irrigated practice acres or all acres, by crop/county

Requirements:

• Underlying MPCI must be YP, RP, or any successors to these plans (excludes CAT)
• APH, price share, and MPCI levels are used to determine the limit of coverage and premium
• Insured must provide total harvested and/or appraised production for each unit within 30 days after harvest or 30 days of termination of coverage
• Indemnity payments are based on the lesser of the actual hail loss percentage or the production deficiency percentage

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.