Crop Insurance

Agriculture Division

Products to Protect Your Business

In Wisconsin alone, there are more than 5.2 million acres protected by crop insurance, with a total of $2.4 billion in liability protection. While these numbers are large, they’re made up of operations of varying scale. Simply put, a one-size plan does not fit all businesses.

Our Crop Insurance team is a collection of proud ag industry members, most of whom own and work at farms themselves. They understand the demands and challenges facing today’s farmer, taking the time to meet with you at your farm to get to know your business before developing a plan with you.

We can give you a fresh perspective on what protection can offer and highlight the many ways it will ensure your business thrives.

For quotes and more information, please contact Jessica Sarbacker, Lisa Runnels, or Kelsey Klitzman or call us at (608) 490-2234

 


 

 

Explore Our Crop Insurance Products*

 

Revenue Protection (RP)

RP guards against a loss in revenue caused by low prices, low yields, or a combination of the two. It provides the most complete protection, allowing you to market your crop more aggressively.

Yield Protection (YP)

YP protects against low yields that are a result of weather conditions, but does not include price protection.

Crop Hail Insurance

Hail is one catastrophe that could destroy part of your crop, while leaving the rest completely untouched. In many cases, hail damage ends up being less than the deductible on an RP or YP policy. You may want to consider carrying a Crop Hail Insurance policy to fill that gap.

  • Crop Hail Insurance provides coverage by acre.
  • Choose your coverage level of $100 to $1,000 per acre on corn and soybeans.
  • Claims are paid independent of any multi-peril policy coverage (you may collect on both policies).
  • You may choose a deductible or no deductible.
  • Many different endorsements to choose from, including wind, green snap, and extra harvest.
  • Basic hail insurance also covers lightning, fire, vandalism, and transportation.
  • Premium rates are very affordable.


 

Area Risk Protection Insurance (ARPI)

With county-based protection, your individual yields don’t matter.

Area Revenue Plan (ARP)

ARP pays the loss if the combination of the county yield and the Chicago Mercantile Exchange (CME) price falls below the guarantee.

Area Yield Protection (AYP)

AYP pays the loss if the county-based yield comes in below expected, but does not include price protection.

Margin Protection (MP)

MP provides producers with coverage against an unexpected decrease in their operating margin.

 

Supplemental Coverage Option (SCO)

The Supplemental Coverage Option (SCO) is a crop insurance option that provides additional coverage for a portion of your underlying crop insurance policy deductible. You must buy it as an endorsement to your Yield Protection  or Revenue Protection policy.  SCO provides county based coverage from where your individual MPCI policy ends up to 86%.  You can not purchase SCO if you have ARC at the FSA office. 

Enhanced Coverage Option (ECO)

The Enhanced Coverage Option (ECO) is a new crop insurance option that provides additional area-based coverage for a portion of your underlying crop insurance policy deductible. It must be purchased as an endorsement to your Yield Protection or Revenue Protection policy.  ECO provides county-based coverage on top of your individual policy.  You can purchase ECO coverage from 86%-90% or 86% to 95%.   

 

Do All Crop Insurance Policies Cost the Same?

Yes, the underlying crop insurance rates are set by the federal government. Like in most insurance, the difference comes in the options that you select for your policy. Each year, new crop insurance options become available. Our SBCP specialized crop insurance agents will meet with you to discuss all options. Your crop insurance policy should be personalized to you and your operation.

Meet Our Crop Insurance Team

Jessica Sarbacker

Vice President – Crop Insurance Manager

Kelsey Klitzman

Crop Insurance Associate

Lisa Runnels

Crop Insurance Specialist

*Contracts are products of the insurance industry. Not a deposit or other obligation of the bank. Not guaranteed by the bank or affiliated company of the bank, or insured by the FDIC. This entity is an equal opportunity provider.