Area Revenue Protection with Harvest Price Exclusion (ARPHPE)
Provides insurance protection against widespread loss of revenue in a county, a price decline or a combination of both. ARPHPE coverage excludes the use of the harvest price in the determination of the revenue protection guarantee, differentiating it from ARP coverage. ARPHPE does not provide increased protection if the harvest price is higher than the projected price.
Coverage Level: From 70%-90%, in 5% increments, of the county revenue. Coverage is expressed as a county revenue trigger (expected county yield multiplied by the expected price and coverage level). CAT coverage is not available.
Availability: Arkansas, California, Colorado, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, North Carolina, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Tennessee, Texas and Wisconsin
7/25
