About
Let’s face it, farmers, this is your business and your livelihood so it’s all about the money! The Home Agency’s top product for multi-peril crop insurance is called Revenue Protection (RP) As the name implies this is protection that insures producers against yield losses that affect their bottom line. It is based on the greater of the projected (base) price or the harvest price which is set in accordance with the Commodity Exchange Price Provisions. These prices are determined by the daily settlement prices for certain futures contracts. The producer chooses the amount of average yield he or she wishes to insure. In most areas the level will be between 50 to 85 percent.
