Crop Insurance

Iowa

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance premium subsidies in Iowa

Total premium subsidies, 1995-2023: $8,808,951,801


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
Drought$730,001,478
Excess Moisture/Precipitation/Rain$495,903,348
Decline in Price$494,635,270
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only *$84,343,332
Hail$56,167,826
Wind/Excess Wind$47,728,024
Cold Wet Weather$33,578,973
Flood$31,987,936
Heat$21,065,912
Frost$7,316,635
Other (Snow, Lightning, Etc.)$6,001,370
Plant Disease$2,677,551
Freeze$2,666,721
Insects$2,234,429
Mycotoxin$1,354,499
Wildlife$1,058,543
Hot Wind$919,971
All Other Causes$903,007
Cold Winter$760,596
Tornado$470,553
Failure of Irrigation Equipment$95,212
Cyclone$68,897
Fire$44,466
Earthquake$39,371
Hurricane/Tropical Depression$14,460
Inability to Prepare Land for Irrigation$11,301
Asian Soybean Rust$10,576
Federal or State Ordered Destruction$3,128
Poor Drainage$1,197
Volcanic Eruption$1,174
Erosion$748
Market Price Difference - Spring vs Harvest$406
Failure of Irrigation Supply$244
1995-2023$2,022,067,154

* 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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