Crop Insurance

Diversified Crop Insurance Services

Risk Management Agency:

What is Area Risk Protection Insurance?

Area Risk Protection Insurance (ARPI) is an insurance plan that provides coverage based on the experience of an entire area, generally a county. ARPI will replace the Group Risk Plan (GRP) and the Group Risk Income Protection Plan (GRIP).

Plan Options:

Area Revenue Protection: covers against loss of revenue due to a county level production loss, price decline, or combination of both and includes upside harvest price protection.

Area Revenue Protection with Harvest Price Exclusion: covers against loss of revenue due to county level production loss, price decline or a combination of both.

Area Yield Protection: covers against loss of yield due to a county level production loss.

Revenue Protection: (RP) Policy protects a policy holder’s income when the crop insurance revenue falls below the guaranteed crop insurance revenue. It provides coverage to protect against loss of revenue caused by low prices, low yields, or combination of both.

Yield Protection: (YP): Policy protects a policyholder against a loss in yield. A payment will be made when the actual yield falls below the yield guarantee, which is based on the insured’s share of the approved actual production history on the unit covered

What are My Options?

As your Local DCIS Agent, I have the tools in place to help you determine if ARPI is the right policy for you. We can provide side-by-side comparisons with ARPI’s three options or show you additional options such as Revenue Protection (RP).

Each Operation is unique. I will show you what each policy can do to help you with your own farming operations.

I will work with you to help protect your equity and preserve your revenue.

Call me today for a free quote: 919-210-1862 cell or 919-336-6426 office.

April 8th, 2016 by McNamara Insurance Agency