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 Rice, 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 Rice, 1995-2022
Cause of LossPremium subsidies
1995-2022
Excess Moisture/Precipitation/Rain$169,134,596
Failure of Irrigation Supply/Equipment$26,546,172
Heat$18,015,545
Wind/Excess Wind$9,488,991
Decline in Price$9,199,399
Flood$8,581,898
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$8,412,306
Hurricane/Tropical Depression$6,768,448
Cold Wet Weather$5,329,761
Wildlife$2,488,029
Plant Disease$1,798,060
Other (Snow, Lightning, Etc.)$1,086,394
Hot Wind$553,746
Cold Winter$526,645
Hail$289,173
Insects$274,874
Drought$144,793
Frost$122,168
Freeze$69,899
Fire$32,313
Tornado$20,700
All Other Causes$18,106
Inability to Prepare Land for Irrigation$11,777
Mycotoxin$3,193
Earthquake$639
Cyclone$401
Poor Drainage$20
1995-2022$268,918,046

* 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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