Trusted by 800+ Ranch Owners

LIVESTOCK RISK PROTECTION (LRP) INSURANCE

Operation land promoting Pasture, Rangeland and Forage (PRF) insurance for ranchers.
Redd Summit Advisors mountain logo without text.

The cattle markets are volatile, but your profits shouldn't be.

HOW DOES LRP INSURANCE WORK?

LRP insurance insures the livestock market prices, not the livestock itself. If market prices drop below your insured floor price at the end of your endorsement period, LRP insurance will help protect your investment by issuing an indemnity on the price difference!

LRP insurance through Redd Summit Advisors is available on both fed and feeder cattle.

LRP insures the prices, not the animals.

Endorsements can last anywhere between 13 and 52 weeks.

Producers are able to market and sell livestock within 60 days of the end of the endorsement, but are not required to actually sell livestock insured.

No minimum number of head required.

Premiums are tax-deductible and not due until 30 days after the end of the endorsement period.

Have more questions about LRP insurance? Talk to an expert today.

LRP Insurance graph graphic. Guarantee your market price without limiting your upside. If cattle prices rise, you still get paid at market value. If cattle prices drop, you get paid the price secured through your LRP insurance policy.

100

+

Years

Lean on a team with 100+ years of ranching experience dedicated to your operation’s success.

92

%

renewal

Enjoy the same coverage and support that has led to 92% of ranchers renewing their policies year after year.

9.7

/10

rating

Entrust your coverage with a team that has received a satisfaction rating of 9.7/10 from insured producers

50

M

ACRES

Make your ranch a part of the 50 million+ acres currently safeguarded with PRF insurance.

See what other ranchers say

"PRF Insurance helped maintain our herd size. It even increased a little during dry years."

Dennis W Jones

"PRF through Redd Summit has greatly improved our operation in a short time by balancing cash flow ebbs and flows that were due to dry spells. Redd Summit is great to work with and diligent in answering any questions that we might have."

Jacob Doonan

"I am very thankful to have found out about Redd Summit. I don't think we would have made it without this insurance. This is our way of life; we don't want to lose it. Thanks."

Stuart & Annette Crook

"PRF has allowed us the flexibility to manage our operation during the recent fluxuations of moisture. I don't know how you would be in the ranching business without it."

Bret Riley

"We hung in with our insurance and had to pay the full amount the first year but got a return 10x the amount over the following years, which was crucial! ... With the increasing costs of operating, we are so grateful for Redd Summit."

Audra Ortega

"Working with Redd Summit has been a game changer for our operation. Things that were only dreams have now become a reality. It has taken (most) of the stress out of ranching for us. When it rains we are happy. When it doesn’t rain we are still happy."

Danny Button

"Life changing protection for our agricultural operation against the very real threat of drought; we would not be operating during adverse years without the continued utilization of this program."

Savanah Chant

“When I got my first insurance payout this year, I texted Steve and asked him if the check was real? Having this insurance in a year like this has helped fill in the gaps on our ranch. It has given me peace of mind.”

Kenny Black

"Redd Summit PRF is the best decisions I have made for our family ranch. Our results with Redd Summit have out performed several neighbors using other agencies. I unequivocally recommend Redd Summit to every operator I know!"

Morgan Bassham

"Redd Summit is easy to work with. Austin knew how to set up a perfect plan for our operation. With the drought and the cost of feed, hay, and fuel rising, this has helped tremendously."

Teryn Muench

"We have been enrolled now for two years and we have been blessed by having the insurance. It has helped us keep our operation running smoothly."

Barry Bundy

"Redd Summit has made purchasing and maintaining my PRF insurance coverage simple and easy. Cutting edge technology and the communication from Redd Summit has been very informative."

Monti Hancock

LRP FAQs

Answers to your LRP questions.

What Type of Cattle Prices Does LRP Insurance Cover?

LRP insurance through Redd Summit Advisors is available for the prices on fed and feeder cattle and feeder calves that haven’t hit the ground yet.

When Are LRP Insurance Premiums Due?

Because LRP insurance is self-funding, you’ll only owe a premium if the market prices rise above your floor price, or if your indemnity does not cover the balance in full. Premiums are not due until 30 days after the end of the endorsement period and are tax-deductible.

How Much Does LRP Insurance Cost?

The premium on your LRP policy varies depending on your operation. However, the USDA subsidy makes the US Government responsible for a portion of your premium. However, if the market price drops during your endorsement and your indemnities cover the premium in full, any additional payments go straight to you with no up-front or out-of-pocket cost.

What Prices Is LRP Insurance Based On?

The prices insured through LRP insurance are based on the USDA’s Agricultural Market Service, which is updated almost daily.

How Long Are LRP Endorsements?

Endorsements can last anywhere from 13-52 weeks. Producers are able to market their livestock within 60 days of the end of their endorsement period but are not required to actually sell their livestock insured.

How do you invest in cattle futures?

You can invest in cattle futures by creating an account with the futures exchange through your broker and depositing the correct margin. Then you can start trading cattle futures contracts.

Still have questions?

Find more answers on our FAQs page

how to get lrp insurance

6 Easy steps to LRP insurance.

01

Sign an application

Sign an application and take your first step towards a secure financial future in volatile markets.

02

experts watch the market for you

Redd Summit's market experts continuously monitor market conditions, so that you can lock in your coverage immediately when conditions are right for your operation.

03

Strategic Activation

You will work closely with LRP experts to decide when it is the best time to enact your LRP insurance policy.

04

Flexible Coverage Duration

LRP policies through Redd Summit are tailored to meet your needs, with durations ranging from 13 to 52 weeks.

05

Policy Conclusion

Upon policy termination, either an indemnity is paid or a premium is due, concluding the insurance cycle.

06

Enact a new policy

With one policy cycle completed, you are now ready to enact a new policy, maintaining your financial safety net.

Get a free LRP policy preview

Find out how LRP would perform on your land this year without having to sign up!

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

WE’D LOVE TO COME SEE YOUR RANCH!

We make regular visits to ranches across the country, we would love to come visit you and show you the benefits of LRP insurance.

Trusted by 800+ ranches & 50 million acres

"PRF Insurance helped maintain our herd size. It even increased a little during dry years."

Dennis W Jones

"PRF through Redd Summit has greatly improved our operation in a short time by balancing cash flow ebbs and flows that were due to dry spells. Redd Summit is great to work with and diligent in answering any questions that we might have."

Jacob Doonan

X Button for closing text bubble
Message bubble icon
Chat with us!
Small Redd Summit logo with no text.
We’ll have an agent call or
text you in the next few minutes.
Office hours are M-F, 9AM - 5PM. If you’re submitting a request outside of office hours, we'll reach you the next business day.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Jess McCartney
Have questions about the LRP program? Ask here!
X Button for closing text bubble