PROTECTED FROM THE UNEXPECTED
The expert staff at J9 Crop Insurance is dedicated to making sure your crops and farming operation are protected from the unexpected. J9 Crop Insurance has been providing crop coverage in Colorado, Wyoming, and Nebraska since 1997.
Click on a coverage type to see what we offer:
Multi-Peril Crop Insurance (MPCI) is the oldest and most common form of federal crop insurance. MPCI protects against yield losses by allowing farmers to insure a percentage of their historical crop production. A single policy protects crops against all natural causes of loss including hail, wind, freeze, disease, wildlife, and failure of irrigation due to unavoidable causes. It is provided by private companies and premiums are federally subsidized.
The deadline to activate a multi-peril policy is March 15th for all spring crops and September 30th for fall crops.
Crop Hail coverage is a stand-alone policy that provides protection against physical damage from hail. Unlike MPCI policies, you are not required to insure all your farms and losses are paid on an acre-by-acre basis, so that damage occurring on only part of a farm may be eligible for payment when the rest of the field remains unaffected. Coverage is based on a dollar amount of your choosing and policies can be written up to 2 hours before a storm.
Hail Protection Plan (HPP) is an endorsement that is written in addition to your federally-subsidized MPCI policy, and is designed to provide coverage on the portion of your crop that is left unprotected by your MPCI policy.
Production Plan differs from traditional hail insurance in the indemnity phase. A traditional hail policy pays based on the percent of damage a crop sustains, while the Production Plan endorsement goes a step further and takes into account the total harvested production. An adjuster will still assess the percent of damage at the time of the hail loss; however, the final hail loss calculation cannot be completed until harvest when the actual production to count is known.
This endorsement must be selected by June 1.
Livestock Risk Protection (LRP) endorsements are designed to insure against unexpected declines in market prices for lambs, cattle and swine. You may choose from a variety of coverage levels and insurance periods that match general feeding, production, and marketing practices. Policies can be written any time throughout the year.
Dairy Revenue Protection (DRP) is designed to insure against unanticipated down turns in the quarterly revenue from milk sales relative to a guaranteed coverage level. The expected revenue is based on futures prices for milk and dairy commodities and the amount of covered milk production elected by the dairy producer. The covered milk production is indexed to the state or region where the dairy producer is located.
DRP quarterly endorsements can only be written between 4:00 PM and 9:00 AM Central time of the following business day. If no price is announce for that day, endorsements will not be available for purchase.
Pasture, Rangeland, Forage (PRF) insurance is designed to help protect a producer’s operation from the risks of forage loss due to the lack of precipitation. Coverage is based on a producer’s selection of coverage level, two-month rainfall index intervals, and productivity factor. The PRF program utilizes a grid system to determine precipitation amounts within an area. It does not insure against measured production or loss of products themselves.
PRF polices must be written by November 15th.
Prevented planting is coverage provided by your multi-peril crop insurance (MPCI) policy. It protects you against the failure to plant an insured crop by the final planting date or during the late planting period due to a cause of loss that is affecting the surrounding area. This includes lack of water/drought and excess moisture. Acres set aside will be paid a percentage of the guarantee based on production history of the farm, elected MPCI crop coverage level and crop price.
The deadline to activate a multi-peril policy is March 15th for all spring crops and September 30th for fall crops.