Crop Insurance

Florida

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance premium subsidies in Florida

Total premium subsidies, 1995-2023: $2,230,645,070


Premium subsidies by County, 1995-2023


Premium subsidies by year, 1995-2023


Premium subsidies by crop, 1995-2023


Premium subsidies by cause of loss, 1995-2023

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.

Premium subsidies by cause of loss
Cause of LossPremium subsidies
1995-2023
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only *$183,950,626
Excess Moisture/Precipitation/Rain$92,779,946
Hurricane/Tropical Depression$81,090,411
Freeze$47,083,750
Drought$31,045,201
Wind/Excess Wind$12,256,549
Heat$12,053,680
Asiatic Citrus Canker$9,654,502
Plant Disease$5,823,998
Hail$4,182,648
Decline in Price$4,022,828
Frost$3,676,167
Flood$2,779,446
Insects$1,251,867
Cold Wet Weather$1,220,967
Tornado$1,037,721
Salinity$1,028,348
Wildlife$873,220
Cold Winter$733,831
Other (Snow, Lightning, Etc.)$441,695
Insufficient Chilling Hours$375,358
Post Bloom Fruit Drop$314,726
Storm Surge$304,639
Oxygen Depletion$303,082
Fire$52,647
Hot Wind$41,583
All Other Causes$36,756
Mycotoxin$29,960
Failure of Irrigation Equipment$26,974
Disease, Aquaculture$16,748
Tidal Wave/Tsunami$4,172
Erosion$2,609
Cyclone$2,435
Poor Drainage$2,288
Earthquake$1,951
Inability to Prepare Land for Irrigation$493
1995-2023$498,503,822

* 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 2021-2023.


Number of years each cause of loss garnered premium subsidies, out of the 29 years between 1995 and 2023

* 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 2021-2023

 

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