We believe every farmer and producer should take a close look at ECO \u2014using our software, we can help you understand if it’s right for you.<\/p>\n<\/div>
* At the end of July 2024, the RMA made some adjustments to ECO. Learn more about the effects these changes<\/a> will have on the 2025 crop year! *<\/p>\n<\/div> 95% revenue coverage available based on RMA yields<\/strong><\/p>\n<\/div><\/li> ECO allows you to STACK coverage for better risk management<\/strong><\/p>\n<\/div><\/li> 86%\u201395% & 86%\u201390% bands available<\/strong><\/p>\n<\/div><\/li> Similar to SCO<\/strong><\/p>\n<\/div><\/li><\/ul> ECO, or Enhanced Coverage Option, is an endorsement that\u2019s added to one of your policies, such as Yield Protection<\/a> or Revenue Protection<\/a>.\u00a0 This endorsement adds additional area-based coverage above your underlying individual coverage. Unlike Supplemental Coverage Options<\/a> (SCO), ECO is not affected by having Agriculture Risk Coverage (ARC) for the same crop on the same acres. Adding ECO to a policy allows you to cover from 86%-90%, or even 95%. While ECO does not work with area risk protection insurance policies such as\u00a0margin protection<\/a> it is still an effective tool in your risk management tool kit.<\/p>\n<\/div> Plant Price: $4.60<\/strong> Scenario 1<\/span><\/strong><\/em> Scenario 2<\/strong><\/em><\/span>So What is ECO Anyway?<\/h2><\/div>
EXAMPLE<\/h2>
\nExpected County Yield: 187.3 Bu\/Ac<\/strong>
\nCoverage Level 95% – 86%<\/strong>
\nProtection Amount $84.91 Insurance<\/strong><\/p>\n
\nActual County Yield = 200 Bu\/Ac<\/strong>
\nHarvest Price = $3.90<\/strong>
\nLoss Payment = $42.18<\/strong><\/p>\n
\nActual County Yield = 170 Bu\/Ac<\/strong>
\nHarvest Price = $5.20<\/strong>
\nLoss Payment = $45.22<\/strong><\/p>\n<\/div>