What will my insurance cost? Try our "What-if" calculators to complete generic coverage and premium calculations.

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Price Options

Producers default to the base price. SCIC also offers a range of price options, including Low Price, Contract Price and In-Season Price, allowing producers to customize their Crop Insurance multi-peril coverage.

A select group of crops are also eligible for the Crop Averaging Program (which cannot be combined with the Low Price Option, In-Season Price Option or Contract Price Option).

Base Price Option

Producers default to the base price. Base price for most crops is based on Agriculture and Agri-Food Canada’s January price forecast for the upcoming year. Pedigreed, forage and organic crops have a separate price structure to reflect the value of these crops.

Low Price Option

Lower premium cost without lowering coverage. The Low Price Option is 85% of the base price and 85% of the base price premium.

Contract Price Option

For higher coverage, this option uses a producer's contract prices blended with the Crop Insurance base price. This option is now available for all commercial crops.

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In-Season Price Option

Producers who select the In-Season Price Option will initially receive a production guarantee based upon the base price.

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Crop Averaging Program

A select group of crops are eligible for the Crop Averaging Program, providing coverage for a basket of crops grown. This allows producers to insure at a higher overall coverage level compared to insuring each crop separately.

Crop Averaging cannot be combined with the Low Price Option, In-Season Price Option or Contract Price Option.

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