How Does Revenue Protection Crop Insurance Work
How Does Revenue Protection Crop Insurance Work . Revenue protection insurance guarantees a certain level of revenue rather than just production. Revenue protection (rp) provides coverage to protect against loss of revenue caused by low prices, low yields, or a combination of both. 2017 Crop Insurance with Nate Thorsrud Ihry Insurance from ihryins.com As the level of coverage chosen by a farmer increases: Revenue protection acts as a hedge when the harvest price falls below the projected price by providing compensation via crop insurance payments for decreases in price. (continued) federal government subsidizes crop insurance in three ways: