TEXAS MULTIPLE PERIL CROP INSURANCE FACTS

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TEXAS MULTIPLE PERIL
CROP INSURANCE FACTS
INSURANCE PROTECTION
Insures against loss in production due to insured multiple perils.
UNIT STRUCTURE
Basic/Optional
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 ELECTION
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.
GUARANTEE
APH Yield X Price Election X Level Election
Based on APH yield multiplied by expected market price.
RATING
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.
POLICY PROVISIONS
92B1 Crop Insurance Policy
88-General Crop Insurance Policy
Catastrophic Risk Protection Endorsement
“Specified Crop” Crop Insurance Policy
“Specified Crop” Crop Provisions
“Specified Crop” Crop Endorsements
County Actuarial Table - “Specified County & Crop”
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