Yield Protection Insurance in Illinois

Yield Protection only covers production losses and pays at the projected price. Revenue Protection covers both yield losses and price declines, and includes harvest price replacement. YP has lower premiums because it does not include the price component. If you already manage price risk through grain marketing or Illinois grain elevators, YP can save you premium dollars while still protecting your bushels.

Your yield guarantee is your Illinois Actual Production History (APH) yield multiplied by your chosen coverage level. For example, if your IL APH is 180 bushels per acre for corn and you choose 75% coverage, your yield guarantee is 135 bushels per acre. If your actual harvest falls below 135 bushels due to an insurable cause, YP pays the shortfall at the projected price.

No. Yield Protection does not cover commodity price declines. Your indemnity is always calculated using the projected price set before planting — regardless of whether corn or soybean prices go up or down by harvest. If price protection is important to you, Revenue Protection is the better option for your Illinois operation.

YP premiums in Illinois are typically 15% to 30% lower than RP at the same coverage level, depending on the crop, county, and year. The exact savings vary because RP includes harvest price replacement and price decline coverage. We run both quotes side by side for every Illinois client so you can see the exact dollar difference.

Yield Protection is available at coverage levels from 50% to 85% in 5% increments in Illinois. The federal government subsidizes a portion of the premium at every level. Higher coverage means a larger yield guarantee but higher premiums. Most Brawner clients in Illinois select between 70% and 80% for YP.

Yes. You can switch between YP and RP each crop year before the sales closing date in Illinois. There is no penalty or restriction for changing plan types. Many Illinois farmers re-evaluate annually based on their grain marketing strategy, commodity price outlook, and budget. Brawner helps you make this decision every year with updated Illinois-specific numbers.