Whole-Farm Revenue Protection insurance guide

Assess insurance across the farm’s commodity mix

Whole-Farm Revenue Protection considers eligible agricultural revenue across an operation under one policy. It can be relevant to diversified farms and enterprises selling specialty products through local or identity-preserved markets. RMA publishes the policy and supporting guidance, including distinct provisions that can apply to smaller operations. The insured amount is not simply the farm’s hoped-for sales total: historic tax records, the current farm plan and policy rules affect how revenue is established.

Reconcile historic revenue with the coming year’s plan

Discuss the treatment of purchased products, processing activity, livestock and income that falls outside the policy’s scope. A business adding a new crop or expanding rapidly should ask how that change is documented rather than assuming the whole forecast will be insured. Keep tax records consistent with the production and sales information supplied to the insurer. Use the documents for the applicable insurance year, since terms and procedures can change. An authorized agent can explain reporting dates, any allowable adjustments and how the eventual claim calculation differs from a conventional crop-specific policy.