Crop Insurance Tools
The 2024 iFarm Crop insurance Premium Calculator allows users to develop highly customized estimates of their crop insurance premiums, and compare revenue and yield guarantees across all available crop insurance products and elections for their actual farm case.
The 2024 iFarm Crop Insurance Payment Evaluator provides helpful information to producers comparing costs and risk reductions across their available crop insurance alternatives.
This program calculates premiums, evaluates insurance payments, and provides historical data useful when making crop insurance decisions for multiple crops. Estimates are for crops in midwest and southeast states. Learn more on the farmdoc Daily crop insurance archive.…
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This program calculates crop insurance historical use and performance back to 1996. …
The cover crop project seeks to provide farmers with a practical web-based decision support tool designed to help manage cover crops in their fields. The project makes use of existing research to demonstrate the potential for cover crops, as well as providing useful information for decision making and management of this practice. It will also seek to apply future research on cover crops as results are incorporated into updates and new iterations of the tool. This remains a work in progress with a goal towards adapting with the science.
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SCO and ECO Choices in 2026
The One Big Beautiful Bill Act dramatically increased the premium support on Supplemental Coverage Option (SCO) crop insurance policies from 65% to 80%. The Risk Management Agency of the USDA then announced in August of 2025 that premium support would also be increased to 80% for the Enhanced Coverage Option (ECO) and other similar programs. As a result, farmer-paid premiums for SCO and ECO will be reduced in 2026.
Area Add-Up Insurance Performance: Insights from Cotton STAX
Starting with crops harvested in 2026, premium subsidy for ECO and SCO area add-up insurance will be 80%. Coverage options are 90% or 95% for ECO and 90% for SCO. STAX area add-up insurance has offered 90% coverage – 80% subsidy for cotton since 2015. Ratio of indemnities net of farmer paid premiums to farmer paid premiums has been notably higher for STAX than individual farm insurance, especially when insurance price declined double digits. Performance should be similar for ECO and SCO.
Circumventing the Federal Budget Process: Crop Insurance Premium Subsidies
Over the last two years, Federal crop insurance premium subsidies have been raised far more by procedures outside the Farm Bill than inside the Farm Bill. Two USDA administrative actions raised the premium subsidy rate for ECO insurance to 80%. They conservatively are estimated to raise Federal premium subsidies by $13.2 billion over 10 FYs. This case study illustrates how the Federal budget process can be circumvented, calling into question its fiscal integrity and usefulness.
The farmdoc Crop Insurance section offers iFARM online tools including the Premium Calculator, Payment Evaluator and Price Distribution Tool. These tools are updated annually during the Spring crop insurance election period.