Multi-Peril Crop Insurance (MPCI)

There are many crop plans of insurance available through the private insurers we represent, all reinsured by the U.S. Government. Click here to learn more about additional options.

Revenue Protection

Revenue Protection (RP) crop insurance is designed to protect farmers against revenue losses caused by declining market prices and/or low crop yields. This flexible policy allows producers to choose from a range of coverage levels, tailoring protection to meet the unique needs of their operation.

Revenue Protection policies cover:

Yield losses from natural perils such as drought, excessive rainfall, hail, wind, frost, insects, disease, earthquake, and wildlife.
Revenue losses caused by price declines between the projected and harvest price.

With RP coverage, if your actual yield falls below the guaranteed yield, or if your farm revenue drops below the projected revenue guarantee, you may qualify for an indemnity payment. The policy also includes a dynamic revenue guarantee that can increase—up to 200%—if the harvest price exceeds the projected price, offering enhanced protection during volatile market conditions.

Murphy Crop & Livestock Insurance believes this program is a key component of agriculture risk management, helping producers maintain financial stability and plan confidently for the future.

Unit Structure

Unit structure is elected by crop and county by sales closing. Units are very important:

Acreage is reported by UNIT
Amount of insurance is reported by UNIT
Liability is by UNIT
Premium is by UNIT
Indemnities are by UNIT
Producer's production records are by UNIT

Basic Units (BU)

Default unit type
Insured by share, not section
Most expensive

Earned
Production records must be kept separate per farm number
Insured by each farm number standing on it's own

Earned
Acre totals determine eligbilities
- Two sections/FSNs minimum, each planted with at least 20 acres or 20% of county/crop
Increased subsidies as of 2026 farm bill
Insuring all section and shares together

Optional Unit (OU)

Enterprise Units (EU)

Enhanced Coverage Option

Enhanced Coverage Option (ECO) is a supplemental coverage plan added to your existing MPCI crop insurance policy, such as Revenue Protection (RP). ECO provides an extra layer of area-based protection against county-level yield or revenue losses (depending on it's underlying coverage), helping farmers manage risk more effectively.

With trigger levels of 90% or 95%, ECO covers losses between the selected level and 86%. Unlike traditional crop insurance, which pays based on individual farm performance, ECO pays an indemnity when county-wide yields or revenue fall below the trigger level.

Supplemental Coverage Option

Supplemental Coverage Option (SCO) is an add-on to your underlying crop insurance policy that provides extra protection against widespread losses. The amount of SCO coverage is based on the liability, coverage level, and approved yield of your underlying plan.

Unlike your individual crop insurance policy—which triggers indemnity payments when you experience a personal yield loss or revenue loss (depending on it's underlying coverage)—SCO coverage works differently. SCO pays on an area (county) basis. That means indemnity payments are triggered when there is a county-wide drop in yield or revenue, below 86%, even if your individual farm is not directly affected.

Hurricane Insurance Protection - Wind Index (HIP-WI)

with Tropical Storm (TS) Endorsement

The Hurricane Insurance Protection – Wind Index (HIP-WI) endorsement is an optional crop insurance coverage designed for producers in Gulf Coast and East Coast states. This optional election on crop insurance provides financial protection by triggering an indemnity when a named hurricane enters the county selected—or an adjacent county—with sustained hurricane-force winds. Data is verified by the National Hurricane Center (NHC) and the National Oceanic and Atmospheric Administration (NOAA) and confirmed by RMA.

The Tropical Storm Endorsement can be added to your HIP-WI coverage for additional protection against tropical storm damage. This coverage is especially important, as it triggers an indemnity payment when both of the following conditions are met (as determined by NOAA and confirmed by RMA):

Sustained winds of at least 34 knots (39 mph)
At least 6 inches of rainfall within 4 consecutive days (including the day before storm arrival, the day of landfall, and the two days following storm departure)

By combining, HIP-WI and the Tropical Storm Endorsement, producers gain extra protection for crops that are often only weeks away from harvest, reducing the risk of devastating losses from hurricanes and tropical storms.

One Big Beautiful Bill Act

increases premium subsidies

more affordable crop insurance

Stronger Protection, Starts with Yield Options

At Murphy Crop & Livestock Insurance, we understand that every farm is unique, and so is your policy. When we sit down with you, we help you choose additional yield options at sales closing to protect your production record from the effects of a tough harvest or out of date crop practices.