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 Oats, 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 Oats, 1995-2022
Cause of LossPremium subsidies
1995-2022
Drought$18,881,593
Excess Moisture/Precipitation/Rain$8,274,475
Hail$3,285,761
Heat$1,537,993
Cold Wet Weather$606,078
Wind/Excess Wind$502,524
Freeze$369,896
Insects$248,925
Other (Snow, Lightning, Etc.)$246,461
Hot Wind$153,442
Frost$152,227
Plant Disease$148,570
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$96,935
Wildlife$67,526
Failure of Irrigation Supply/Equipment$63,019
Flood$57,095
All Other Causes$40,170
Cold Winter$31,985
Hurricane/Tropical Depression$3,289
Tornado$2,211
Cyclone$1,476
Mycotoxin$1,288
Fire$1,006
Volcanic Eruption$260
Erosion$163
Poor Drainage$74
Earthquake$4
1995-2022$34,774,446

* 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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