Texas Multiple Peril Crop Insurance Facts
Insures against loss in production due to insured multiple perils.
COVERAGE LEVEL ELECTION
50% level through 75% level.
NOTE: An administrative fee of $50.00 applies to limited buy-up policies and an administrative fee of $10.00 applies to additional buy-up policies. Catastrophic Coverage (CAT) is available. An administrative fee of $50 for CAT per crop, not to exceed $200.00 for the county or $600.00 per farmer for multi-county producers.
Price at which you are compensated per appropriate weight unit in the event of a loss.
Choice of 60 to 100 percent of the expected market price.
NOTE: The expected market price for specified crop will vary according to your geographic region.
APH Yield X Price Election X Level Election
Based on APH yield multiplied by expected market price.
APH Base Rate
LATE AND PREVENTED PLANTING
These provisions provide protection on acreage that is planted late or that cannot be planted by the final planting date or within the 25 day late-planting period. Please consult your crop insurance agent to determine eligibility factors.
- 92B1 Crop Insurance Policy
- 88-General Crop Insurance Policy
- Catastrophic Risk Protection Endorsementz
- “Specified Crop” Crop Insurance Policy
- “Specified Crop” Crop Provisions
- “Specified Crop” Crop Endorsements
- County Actuarial Table – “Specified County & Crop”