Crop 406 is an independent crop insurance agency based in central Montana. We are proud to service the States of Montana, Wyoming, Utah and the entire Pacific Northwest. We bring 14 years of combined crop insurance experience, allowing us to provide competitive, tailored crop insurance policies to our customers.
It is the mission of Crop 406 to provide its policyholders with peace of mind and protection that fulfills their ever changing needs through a commitment to honesty and integrity, dedication, excellent customer experience and experienced professionalism.
Our vision is to set the standard of excellence among insurance providers by being knowledgeable, being trustworthy, and exceeding customer expectations. We will attract and retain the very best customers and AIP providers to help us achieve long lasting relationships and provide financial stability for farmers across the West.
Services we Provide
Individual Plans are based upon an individual yield loss and in some plans, a decline in price, due to a wide range of perils.
Revenue Protection (RP)
Insure against revenue loss due to an increase or decrease in yield and/or price with RP. The final revenue guarantee is based on the higher of the projected price or harvest price.
Yield Protection (VP)
Protect yourself against production losses due to a decrease in yield with VP.
The above plans (RP and VP) use the Commodity Exchange Price Provisions (CEPP) to determine the prices. Eligible crops for these plans include: barley, canola/rapeseed. corn, cotton, grain sorghum. rice. soybeans, sunflowers, and wheat.
Actual Production History (APH)
Protect yourself against individual yield loss based on your individual APH. You can receive protection against many natural disasters, such as drought. frost, wind, and flood. APH differs from Yield Protection in that the RMA sets the price elections.
Actual Revenue History (ARH)
Insure against losses due to low yields, low prices, or a combination of both. based on your individual ARH. Only cherries, oranges, and strawberries are eligible for ARH
Rainfall PRF covers pasture. rangeland, or forage for perennial haying and/or grazing purposes. It was designed to help protect a producer's operation from the risks of forage loss due to the lack of precipitation. PRF is available in all counties in the 48 contiguous states. Noncontiguous acreage in a grid must establish a point of reference by intended use (grazing or haying). irrigation practice. and organic practice.
WFRP provides a risk management safety net for all commodities on the farm under one insurance policy. This insurance plan is tailored for any farm with up to $8.5 million in insured revenue. including farms with specialty, or organic commodities (both crops and livestock). or those marketing to local. regional, farm-identity preserved, specialty, or direct markets. The amount of revenue that can be covered with a WFRP insurance policy is the lower of the revenue expected on your current year's farm plan or the five year historic income adjusted for growth. WFRP insurance provides coverage against the loss of revenue that you expect to earn. or will obtain from commodities you produce or purchase for resale during the insurance period under your one insurance policy.
Hail is one peril that can decimate a portion of your field and leave the rest undamaged. In those cases, the resulting loss could be less than your MPCI deductible leaving you to shoulder the financial burden.
Our crop-hail programs cover some of the gaps left in your MPCI policy. While MPCI protects you against severe losses on a unit basis. crop-hail coverage offers you acre-by-acre protection at the level you choose up to the value of the crop. Many crop-hail policies also offer coverage for perils not covered by your MPCI policy such as broader fire coverage and transportation coverage
The Apiculture Pilot Insurance (API) program provides a safety net for beekeepers' primary income sources including honey, pollen collection. wax, and breeding stock.
Livestock Risk Protection: Cattle and Swine. Protection against unexpected future declines in market value of cattle and swine.