Multi-Peril Crop Insurance is the oldest and most common form of the federal crop insurance program in the United States. Multi-Peril Crop Insurance protects against crop yield losses by allowing participating producers to insure a certain percentage of historical crop production.

A single policy protects crops against all natural perils including adverse weather, fire, insects, disease, wildlife, earthquake, volcanic eruption and failure of irrigation water due to unavoidable causes.

It is delivered by private companies and reinsured by the federal government.