AgriPeril – Frequently Asked Questions
Crop Insurance
What types of crop insurance are available for farmers today?
Farmers can access multiple types of crop insurance depending on their operation and risk tolerance. Common options include Yield Protection (YP) for yield-based coverage, Revenue Protection (RP) for income-based stability, Crop-Hail Insurance for physical damage, and Whole-Farm Revenue Protection (WFRP) for diversified farms. Each plan is designed to reduce financial loss from weather, price drops, or low production.
How do I choose the right crop insurance for new or beginning farmers?
New and beginning farmers may benefit from USDA-backed programs that offer additional subsidies and support. Look for agents who understand crop insurance for new farmers, including WFRP and basic yield plans. A knowledgeable agent can help tailor a policy that fits your acreage, crops, and financial goals.
Can I get a customized quote from a crop insurance agent near me?
Yes. Our agents can walk you through available coverage options and provide a personalized quote based on your operation’s size, crops, and risk profile. Whether you grow corn, soybeans, grapes, or specialty produce, a local agent can ensure your policy reflects your farm’s unique needs. Call us at515-570-8547
What’s the difference between Yield Protection and Revenue Protection in crop insurance?
Yield Protection (YP) covers production losses due to natural causes like drought or hail. Revenue Protection (RP) also includes market price risk—protecting both the quantity and value of your crop. RP is often preferred by farms concerned about fluctuating commodity prices.
Is Whole-Farm Revenue Protection a good fit for specialty or produce growers?
Yes. Whole-Farm Revenue Protection (WFRP) is ideal for diversified farms, CSA models, and produce growers. It covers the revenue of your entire operation—not just a single crop—making it a strong option for farms with multiple commodities or high-value produce.
Livestock Insurance
What does livestock mortality insurance cover?
Livestock mortality insurance covers your animals against death from injury, illness, or specific perils. You can insure show animals, breeding stock, and even working dogs.
How is livestock mortality insurance better than farm liability coverage?
It offers broader protection, including insurance for show pigs and cattle, high-value livestock insurance plans, and even equine mortality insurance.
Can I get a livestock mortality insurance quote?
Yes. Contact us for a livestock mortality insurance quote that fits your operation’s size, species, and transit needs.
Do you offer animal mortality insurance for individual animals?
Yes—we provide animal mortality insurance for both single high-value animals and full herds.
Livestock Risk Protection (LRP)
What is Livestock Risk Protection Insurance (LRP)?
Livestock Risk Protection insurance helps protect Iowa producers from falling market prices. It’s available for feeder cattle, fed cattle, swine, and lamb.
How does LRP compare to traditional livestock insurance?
LRP focuses on price protection for livestock producers, offering a payout if prices drop—even if your final sale price remains profitable.
Is LRP insurance market-based?
Yes. It’s a market-based livestock insurance program, designed to hedge against fluctuations in the cash market.
Can I get LRP coverage for cattle?
Definitely. We’ll walk you through LRP cattle insurance to secure your pricing window and hundredweight targets.
Beginning Farmers & Specialty Insurance
Do you offer support for beginning farmers and ranchers?
Yes. Beginning farmers can qualify for a 10% premium subsidy on Multi-Peril Crop Insurance or livestock insurance.
What types of crop insurance are available for new and beginning farmers?
New and beginning farmers can access a variety of crop insurance options designed to support early-stage operations. These may include Multi-Peril Crop Insurance (MPCI), Whole-Farm Revenue Protection (WFRP), and crop-specific coverage like grape insurance or produce protection. Beginning farmers may also qualify for USDA-endorsed premium subsidies and expanded support through Beginning Farmer and Rancher (BFR) programs.
Can I insure specialty or organic produce under one policy?
Yes. Whole-Farm Revenue Protection allows you to insure all eligible commodities together—including produce, grapes, and specialty crops.
