CROP HAIL & PRIVATE

MyMCO

MyMCO is a Hudson-exclusive program that complements the coverage provided by the MCO endorsement and offers grower-level protection against unexpected drops in operating margin (revenue minus input costs) due to reduced productions, lower commodity prices, higher input costs or a combination of these factor

Available Options

1. Producers may elect to insure either a single practice (IRR or NI) or both practices on the policy.
2. MyMCO Trigger – 90% or 95% must match the MCO election on the underlying MPCI policy.
3. MyMCO/MCO plan – May elect either RP or YP as the MyMCO plan when the underlying MPCI plan is RP. May only elect YP as the MyMCO plan when the underlying MPCI plan is YP.
4. Liability Adjustment Factor – election between 50% and 100% in 5% increments. If electing less than 100%, the liability, premium and any loss payments will be reduced equally by the percentage elected.

The information contained in this publication is for general purposes only and shall not modify the terms of any insurance policy.

Contact Us
If you have any questions or comments regarding our products, services or company, please fill out this brief form and one of our representatives will respond.

For general Hudson Crop policy questions, please call
(866) 450-1445.

More to Consider
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Variable Interval Product (VIP) is a non-federally reinsured, supplemental crop insurance policy that provides the potential for a higher revenue protection guarantee than the base coverage established on the underlying Revenue Protection (RP), Area Revenue Protection (ARP), Margin Protection (MP), MP with Harvest Price Option (MP-HPO), Margin Coverage Option (MCO) or Enhanced Coverage Option (ECO) plansof insurance.
Margin Protection Option (MCO) is an endorsement available on federal crop insurance policies that offers area-based protection against unexpected drops in operating margin (revenue minus input costs) due to reduced area yields, lower commodity prices, higher input costs or a combination of these factors. Because it’s based on area averages, MCO may not reflect individual farm performance.