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 Adjusted Gross Revenue, 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 Adjusted Gross Revenue, 1995-2022
Cause of LossPremium subsidies
1995-2022
Decline in Price$6,158,744
Freeze$1,471,053
Frost$1,417,847
Excess Moisture/Precipitation/Rain$1,404,358
Heat$1,338,553
Cold Wet Weather$1,162,239
Hail$996,625
Other (Snow, Lightning, Etc.)$363,444
Drought$340,817
Cold Winter$286,621
Wind/Excess Wind$280,185
Failure of Irrigation Supply/Equipment$64,214
Hot Wind$42,687
Plant Disease$22,391
Insects$22,215
Flood$4,313
Fire$1,076
Wildlife$408
All Other Causes$0
1995-2022$15,377,790

* 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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