Crop Insurance
The United States
Indemnities by cause of loss for Corn, 1995-2022
| Indemnities by cause of loss for Corn, 1995-2022 | |||
|---|---|---|---|
| Cause of Loss | Indemnities paid 1995-2022 | ||
| Drought | $23,219,843,483 | ||
| Excess Moisture/Precipitation/Rain | $16,324,859,048 | ||
| Decline in Price | $4,384,968,405 | ||
| GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only* | $2,703,192,158 | ||
| Hail | $2,676,760,044 | ||
| Heat | $2,414,781,471 | ||
| Cold Wet Weather | $1,058,963,920 | ||
| Wind/Excess Wind | $974,981,615 | ||
| Flood | $962,024,982 | ||
| Hot Wind | $622,460,291 | ||
| Mycotoxin | $403,197,997 | ||
| Failure of Irrigation Supply/Equipment | $325,439,052 | ||
| Other (Snow, Lightning, Etc.) | $200,482,005 | ||
| Frost | $154,637,069 | ||
| Freeze | $139,773,066 | ||
| Hurricane/Tropical Depression | $87,533,189 | ||
| Wildlife | $76,042,187 | ||
| Plant Disease | $63,021,086 | ||
| All Other Causes | $40,738,690 | ||
| Insects | $33,003,051 | ||
| Tornado | $10,199,802 | ||
| Cold Winter | $7,688,509 | ||
| Fire | $3,743,192 | ||
| Inability to Prepare Land for Irrigation | $1,940,100 | ||
| Cyclone | $1,569,977 | ||
| Earthquake | $1,276,549 | ||
| Poor Drainage | $151,611 | ||
| Federal or State Ordered Destruction | $48,032 | ||
| Market Price Difference - Spring vs Harvest | $19,257 | ||
| Erosion | $2,999 | ||
| Volcanic Eruption | $-10,966 | ||
| 1995-2022 | $56,893,331,873 | ||
* Types of insurance policies; details on the RMA website. Indemnities for GRP/GRIP crops between 1995-2013; indemnities for ARPI, SCO, STAX, MP, HIP, WI crops 2014-2020, indemnities for ECO crops 2021 and 2022.
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