Crop Insurance Premium Estimator

Multi-Peril Crop Insurance (MPCI)is the federally reinsured policy sold by private agents under USDA’s Risk Management Agency (RMA). It covers losses from natural causes — drought, flood, freeze, disease, wildlife — up to your chosen coverage level (50–85% of expected yield or revenue).

USDA pays a portion of your MP premium based on coverage level. From the RMA premium subsidy schedule for basic/optional units:

• 50% coverage — 67% subsidy
• 55% coverage — 64% subsidy
• 60% coverage — 64% subsidy
• 65% coverage — 59% subsidy
• 70% coverage — 59% subsidy
• 75% coverage — 55% subsidy
• 80% coverage — 48% subsidy
• 85% coverage — 38% subsidy

Net MP premium= gross premium × (1 − subsidy %). This is what you actually write a check for on the MP side.

Hail / named-peril policiesare private add-ons. They’re notfederally subsidized, so 100% of the hail premium is out of pocket. Most growers buy hail on top of MP to cover the “hail in the wind” events that MP doesn’t pay quickly enough on. The sheet’s hail rates are quoted as dollars per acre at a chosen liability level (e.g. $40.13/ac at $400/ac liability).

Numbers here are estimates. Your agent will give you the binding quote — but a 2-minute web calculator gets you to the right ballpark before that meeting, which is the point.