Through LRP insurance, cattle producers can lock in a floor price for their cattle and get paid an indemnity when market prices dip below this chosen price at the end of their endorsement period. Because LRP insurance is subsidized by the USDA, this coverage can be very affordable!
The cattle markets are volatile, but your profits shouldn't be.
Have more questions about LRP insurance? Talk to an expert today.
Lean on a team with 100+ years of ranching experience dedicated to your operation’s success.
Enjoy the same coverage and support that has led to 92% of ranchers renewing their policies year after year.
Entrust your coverage with a team that has received a satisfaction rating of 9.7/10 from insured producers
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."
"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."
"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."
"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."
Sign an application and take your first step towards a secure financial future in volatile markets.
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.
You will work closely with LRP experts to decide when it is the best time to enact your LRP insurance policy.
LRP policies through Redd Summit are tailored to meet your needs, with durations ranging from 13 to 52 weeks.
Upon policy termination, either an indemnity is paid or a premium is due, concluding the insurance cycle.
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!
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.