A precipitation reaction is a reaction that yields an insoluble product—a precipitate—when two solutions are mixed. Thus precipitation reactions are a subclass of exchange reactions that occur between...A precipitation reaction is a reaction that yields an insoluble product—a precipitate—when two solutions are mixed. Thus precipitation reactions are a subclass of exchange reactions that occur between ionic compounds when one of the products is insoluble. Because both components of each compound change partners, such reactions are sometimes called double-displacement reactions.