Multi-peril crop insurance (MPCI) is the oldest and most common form of the federal

crop insurance Crop insurance is insurance purchased by agricultural producers and subsidized by a country's government to protect against either the loss of their crops Failed acreage, due to natural disasters, such as hail, drought, and floods ("crop-yield ins ...

programme in the

United States of America The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 states and a federal capital district, Washington, D.C. The 48 contiguo ...

. MPCI protects against crop yield losses by allowing participating producers to insure a certain percentage of historical crop production. A single policy protects crops against all natural perils including adverse weather, fire, insects, disease, wildlife, earthquake, volcanic eruption and failure of irrigation water due to unavoidable causes. It is delivered by private companies and reinsured by the federal government.

References

* Agricultural insurance in the United States {{agri-stub