Estimator

Overview

The MPCI Estimator allows a user to create coverage estimates using either a Quick Estimate, Full Estimate (2017 and prior RYs), Policy Estimate (2018 and succeeding RYs), or Rate Sheet:

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A Quick Estimate can be made without an existing grower/policy. As such, this estimate is calculated using non-policy-specific data.

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A Full Estimate is available for new or carryover growers. This estimate is based on existing policy details and provides the most accurate quote for the grower. This type of estimate is only available for the 2017 and prior Reinsurance Years.

NOTE: Batch Estimates are also available for the Full Estimate option. With Batch Estimates, a user can generate Full Estimate quotes for each individual coverage within the batch. These quotes are then attached to the policy and available to print.

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A Policy Estimate is available for existing or prospect growers. This estimate can be created on 2018+ RY policies or for prospect growers that do not have any policy data in the System. Because of this, Policy Estimates can be created from within existing policies as well as from the View Policy Estimates page (Estimator > Policy Estimates). Policy Estimates allow users to create a single estimate for a grower that contains multiple crops.

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A Rate Sheet can be made without an existing grower/policy. This estimate displays calculations for a range of yields across multiple coverage levels.

Additionally, template functionality for Full and Batch estimates is also available to help speed up data entry.

The different parts of the Estimator are available for various Plan Codes (see the categories below for more detailed information on Plan Codes available). Other Plan Codes will be supported in future releases.

Policy Estimates

Policy Estimate functionality is currently available for the following Plan Codes: 01 - 06, Tree Based Dollar Amount of Insurance (Plan Code 40), Actual Revenue History (Plan Code 47), Dollar Amount of Insurance (Plan Code 50), and APH (Plan Code 90). This functionality is also available for the SCO Yield Protection (31), SCO Revenue Protection (32), and SCO Revenue Protection with Harvest Price Exclusion (33) options as well as for the following Supplemental Products: STAX (35), STAX with Harvest Price Exclusion (36), Production Hail, and Continuous Hail.

"At a Glance: Policy Estimates"	"Delete a Policy Estimate"
"Create a Policy Estimate for an Existing Grower"	"Compare Policy Estimate Scenarios"
"Create a Policy Estimate for a Prospect Grower"	"Understand the Policy Estimate Scenarios Report"
"View a Policy Estimate"

Quick Estimates

Quick Estimate functionality is currently available for Plan Codes 01 - 06, 90, PRF (Plan Codes 13 & 14), Nursery (Plan Code 50), Quick Dollar Plan crops (Plan Codes 40 & 50), Crop Hail, and DRP.

"At a Glance: Quick Estimates"	"Print a Quick Estimate"
"Create a Standard Quick Estimate"	"View a Quick Estimate"
"Compare Quick Estimates"	"Edit a Quick Estimate"

Crop/Plan Specific Quick Estimate Types
"Create a Quick Nursery Estimate"	"Create a Quick Whole Farm Estimate"
"Create a Quick Crop Hail Estimate"	"Create a Quick Dollar Plan Estimate"
"Create a Quick PRF/Annual Forage Estimate"	"Create a Quick DRP Estimate"

Rate Sheets

Rate Sheets allow a user to create estimates for a range of yields across multiple coverage levels. In the System, rate sheets are created, edited, and deleted from Estimator > Manage Rate Sheets. To view and compare yield/coverage level scenarios, the Rate Sheet is printed as a PDF that can be saved or printed.

Rate Sheet functionality is currently only available for plans YP (01), RP (02), RPHPE (03), AYP (04), ARP (05), ARPHPE (06), ARH (47), and APH (90).

"Create a Rate Sheet"	"Edit a Rate Sheet"
"Delete a Rate Sheet"