Mason City All Risk Insurance (MCAR) will provide you with the specialized coverage you need for your Multi Peril and Crop Hail Insurance needs. We work with several crop insurance companies to provide you with the best coverage.
MULTI-PERIL CROP INSURANCE
Multi-Peril Crop Insurance (MPCI) is the general name given to crop coverage provided through the Federal Crop Insurance Corporation (FCIC). As the name suggests, these policies provide coverage to the agricultural producer for a number of naturally occurring perils.
MPCI policies provide coverage for loss of yield or a combination of yield and price coverage. These combination products cover loss in value due to a change in market price during the insurance period, in addition to the perils covered by the standard loss of yield coverage.
There are many variations of multi-peril insurance.
CROP HAIL INSURANCE
Crop-hail insurance is a type of insurance that provides coverage for damage and destruction by hail and fire. Purchased by farmers, it is designed to protect agricultural products while they are still in the field and have yet to be harvested.
This coverage can be acre-by-acre rather than whole-field coverage.
Please ask us about a wind endorsement that can only be added to a hail policy.
PRIVATE PRODUCTS
Ask about private products that are offered and developed by crop insurance carriers as new products are developed annually. There are many to choose from depending upon you individual risks.