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 Dry Peas, 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 Dry Peas, 1995-2022
Cause of LossPremium subsidies
1995-2022
Drought$90,889,451
Excess Moisture/Precipitation/Rain$30,808,524
Hail$29,059,146
Heat$12,841,209
Decline in Price$7,929,119
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$4,239,389
Cold Wet Weather$2,914,787
Insects$2,381,228
Wind/Excess Wind$1,542,021
Plant Disease$1,203,652
Other (Snow, Lightning, Etc.)$1,052,281
Frost$934,442
All Other Causes$473,483
Freeze$422,265
Hot Wind$292,869
Flood$133,610
Cold Winter$105,427
Wildlife$49,821
Failure of Irrigation Supply/Equipment$38,430
Mycotoxin$23,133
Cyclone$13,507
Inability to Prepare Land for Irrigation$9,658
Fire$7,494
Earthquake$2,790
Tornado$1,504
Hurricane/Tropical Depression$33
1995-2022$187,369,273

* 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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