Crop Insurance

The United States

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

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Crop Insurance premium subsidies by cause of loss for Canola, 1995-2022

The premium subsidies by cause of loss in the table below are lower than total premium subsidies for this state because the USDA Risk Management Agency only reports premium subsidies by cause of loss for policies that paid an indemnity. Non-indemnified policies and their associated premium subsidies are not reported by cause of loss.

Crop Insurance premium subsidies by cause of loss for Canola, 1995-2022
Cause of LossPremium subsidies
1995-2022
Excess Moisture/Precipitation/Rain$105,534,795
Drought$70,967,424
Hail$18,097,371
Wind/Excess Wind$11,430,394
Freeze$10,003,159
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$8,910,948
Cold Wet Weather$8,048,918
Heat$7,783,816
Frost$4,538,199
Insects$3,953,557
Decline in Price$2,855,388
Other (Snow, Lightning, Etc.)$2,437,662
Cold Winter$1,459,061
Plant Disease$1,442,095
All Other Causes$1,283,406
Hot Wind$811,417
Wildlife$159,090
Flood$143,328
Inability to Prepare Land for Irrigation$45,053
Hurricane/Tropical Depression$27,343
Tornado$25,075
Mycotoxin$23,624
Failure of Irrigation Supply/Equipment$17,268
Cyclone$5,121
Fire$2,642
Poor Drainage$47
1995-2022$260,006,201

* 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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