Crop Insurance Information
Multiple Peril Crop Insurance (MPCI)
Multiple Peril Crop Insurance (MPCI) provides peace of mind by helping the farmer avoid financial interruptions in a bad year. MPCI was developed by the Federal Crop Insurance Corporation and provides coverage against unavoidable crop loss for most crops. MPCI has evolved into numerous products which offer farmers protection against a reduction in yield due to unavoidable crop losses caused by acts of nature or disease as well as revenue protection caused by market fluctuations. Farmers have product choices that range from individual production and/or revenue plans to protection based on county yields and prices.
Ken Clark Insurance Ag services has been writing Crop-Hail Insurance for over 40 years. Contrary to its name, this policy insures crops against more than just hail damage. In most cases, crops are also covered against loss due to fire while the crop is in the field, and numerous other perils are insured while the crop is in transit to the first place of storage. A Crop-Hail policy will also provide broad coverage on some crops while the crop is in storage. For some crops, other perils such as wind or winterkill can also be added to a Crop-Hail policy. In most cases, a Crop-Hail policy will insure up to 100% of the expected value of a crop.