Millions of dollars are paid each year to producers for damage to their crops caused by hail. This is in addition to any payment received on the MPCI policy or the newer revenue products like CRC, IP or RA.

Hail is the one catastrophe that is most likely to totally destroy a part of your crop and leave the rest looking fine. The part hail takes out may be less than the deductible of your MPCI policy or it may not lower your yield enough for a revenue insurance policy to kick in. Together, crop hail and MPCI or revenue policies, give you security and protection to build your farm's success.

While your MPCI policy protects you against losses severe enough to significantly drop the whole unit yield average, Crop Hail insurance gives you acre by acre protection that can be up to the actual cash value of the crop.

If you buy 65/100 (65% of yield and 100% of price) or greater for your MPCI policy, you may choose to delete the hail coverage on the MPCI policy. When this is done, the MPCI premium is reduced, making the private hail coverage more affordable. Others find it more effective to keep the MPCI hail coverage and buy additional Crop Hail coverage.


Companion Hail Insurance
MPCI insureds in some states have an additional option to purchase a Companion Hail policy that works with the MPCI policy for quicker pay out on hail losses. With the MPCI policy, there is a large top-end deductible, which affects coverage for less severe hail losses. The Companion Hail policy eases the financial impact of hail damage by covering the deductible portion of the MPCI policy. In addition, Companion Hail policies pay losses on an increasing payment factor so that in most cases, when MPCI coverage begins, the Companion Hail policy is paying at 100% (depending on the level of Companion Hail coverage and MPCI coverage selected).

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