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 Olives, 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 Olives, 1995-2022
Cause of LossPremium subsidies
1995-2022
Freeze$2,363,851
Heat$2,087,609
Frost$996,729
Hot Wind$714,924
Excess Moisture/Precipitation/Rain$678,822
Cold Wet Weather$273,868
Wind/Excess Wind$148,891
Hail$125,635
Failure of Irrigation Supply/Equipment$67,730
All Other Causes$52,032
Other (Snow, Lightning, Etc.)$9,562
Cold Winter$4,474
Drought$649
Flood$545
1995-2022$7,525,321

* 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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