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 Tobacco, 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 Tobacco, 1995-2022
Cause of LossPremium subsidies
1995-2022
Excess Moisture/Precipitation/Rain$2,094,931
Plant Disease$1,238,694
Hurricane/Tropical Depression$855,100
Drought$417,799
Wind/Excess Wind$214,441
Hail$190,165
Flood$82,266
Heat$32,734
Fire$14,072
Force Fire$7,877
Wildlife$6,537
Failure of Irrigation Supply/Equipment$6,339
All Other Causes$4,447
House burn (Pole burn)$3,274
Cold Wet Weather$1,523
Mycotoxin$1,475
Other (Snow, Lightning, Etc.)$1,303
Cyclone$1,126
Tornado$952
Freeze$821
Poor Drainage$471
Insects$393
Frost$272
Cold Winter$196
Hot Wind$8
1995-2022$5,177,216

* 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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