CAT Coverage definition
CAT Coverage or "CAT" means the minimum available level of Multiple-Peril Crop Insurance, providing coverage for fifty percent (50%) of a farmer's historical yield for eligible crops at sixty percent (60%) ▇▇ ▇▇▇ ▇rice per commodity unit for such crop set by the FCIC. CAT Coverage currently is offered through private insurers and, in certain states prior to Crop Year 1998, was offered by USDA field offices.