Whole Farm Revenue Protection
Whole-Farm Revenue Protection (WFRP) allows diversified farmers to insure all crops and livestock on their farm in one insurance policy. WFRP uses an average of your last 5 years of reported income to establish your policy guarantee. This policy can cover crops that would otherwise not be eligible for a crop insurance policy.
Whole Farm Revenue Protection Product Details
Guarantee
Approved Revenue (based on five-year revenue average) x Selected Coverage Level (see coverage options) = Revenue Protection Guarantee (not to exceed $17 million)
Coverage Level
50%, 55%, 60%, 65%, 70%, 75%, 80%, 85%
Price
Policy uses the last five years of tax returns to establish business agricultural commodities revenue or other sources as required.
Records
Coverage is based on your records of production and price received. Incomplete records of production and price received will result in USDA market pricing, county average yields, etc.
Eligible Crops
Plans available for all agricultural commodities.
Loss
Losses are indemnified when commodity revenue falls below insured revenue.
Additional Information
Additional Crop Insurance Coverages
- The more commodities included within the policy, the lower the premium.
- Micro Farm includes coverage on the sale of value-added items.
Crop Insurance Deadlines
Deadlines vary by crop and season. Please view our full list of dates to find the information that applies to your operation.
What’s the difference between the products?
Compare all federally subsidized crop insurance programs.
Next Step
Contact us today and see how a Crop Growers whole farm revenue protection plan can work for you.