Toolkit #8 (WFRP, English)

The Whole-Farm Revenue Protection (WFRP) policy is a crop insurance option developed by the Risk Management Agency (RMA) and administered by the Federal Crop Insurance Corporation (FCIC). Created as part of the 2014 Farm Bill and first implemented in 2015, WFRP was designed with small-scale and diverse operations in mind. After ten years of administering this program, there have been some significant recent amendments, including streamlining the application process to reduce the paperwork burden on farmers. The WFRP covers the majority of the full cost of operations but does not include post-production costs, such as value-added processing. Premium subsidies are also available for farmers with multiple commodities, encouraging diversification as a risk management strategy. Available in all 50 states, WFRP is tailored to accommodate farmers with diverse products. As a newer type of insurance, the program is continually being reviewed and improved. With 2,256 participants in 2024, the second-highest participation year to date, it is clear that there is strong interest. If your annual revenue is $350,000 or less, the Micro Farm Policy might be a better option for your operation.