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 Cotton, 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 Cotton, 1995-2022
Cause of LossPremium subsidies
1995-2022
Drought$3,123,557,629
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$621,022,775
Hot Wind$473,932,680
Excess Moisture/Precipitation/Rain$459,415,407
Heat$316,486,095
Hail$309,092,171
Wind/Excess Wind$234,234,201
Decline in Price$208,810,009
Hurricane/Tropical Depression$94,541,117
Failure of Irrigation Supply/Equipment$63,619,593
Freeze$52,437,220
Cold Wet Weather$48,455,412
Flood$36,095,001
Other (Snow, Lightning, Etc.)$12,641,942
Frost$7,142,208
Wildlife$6,460,533
Insects$6,324,364
All Other Causes$2,404,848
Plant Disease$2,269,362
Cold Winter$680,828
Tornado$130,925
Fire$106,140
Mycotoxin$100,859
Erosion$77,043
Earthquake$71,021
Cyclone$62,611
Inability to Prepare Land for Irrigation$47,058
Poor Drainage$14,366
Volcanic Eruption$2,660
Federal or State Ordered Destruction$148
1995-2022$6,080,236,226

* 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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