Crop Insurance

Iowa

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance indemnities in Iowa

Total indemnities, 1995-2023: $11,486,806,755


Indemnities by County, 1995-2023


Indemnities by year, 1995-2023


Indemnities by crop, 1995-2023


Indemnities by cause of loss, 1995-2023

Indemnities by cause of loss
Cause of LossIndemnities paid
1995-2023
Drought$4,829,171,400
Excess Moisture/Precipitation/Rain$2,813,070,625
Decline in Price$2,011,760,949
Wind/Excess Wind$500,311,173
Hail$459,699,436
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only *$277,502,945
Flood$272,194,330
Heat$118,356,333
Cold Wet Weather$91,050,208
Other (Snow, Lightning, Etc.)$24,650,030
Plant Disease$16,859,824
Mycotoxin$14,616,921
Frost$12,470,540
Insects$9,739,790
Wildlife$7,337,729
Freeze$6,103,638
Cold Winter$5,512,584
All Other Causes$5,415,049
Hot Wind$4,564,998
Tornado$4,185,759
Failure of Irrigation Equipment$860,757
Cyclone$356,394
Fire$349,898
Earthquake$335,691
Hurricane/Tropical Depression$126,666
Inability to Prepare Land for Irrigation$123,131
Asian Soybean Rust$43,485
Federal or State Ordered Destruction$29,116
Poor Drainage$22,208
Failure of Irrigation Supply$5,578
Erosion$3,694
Market Price Difference - Spring vs Harvest$1,565
1995-2023$11,486,806,755

* 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 paid out indemnities to farmers, 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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