Crop Insurance

Michigan

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance premium subsidies in Michigan

Total premium subsidies, 1995-2023: $2,359,989,115


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
Excess Moisture/Precipitation/Rain$172,091,863
Drought$139,278,193
Decline in Price$64,751,034
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only *$52,500,760
Freeze$41,858,370
Cold Wet Weather$27,703,024
Frost$22,687,176
Heat$12,607,064
Hail$9,953,890
Cold Winter$6,315,215
Other (Snow, Lightning, Etc.)$5,163,753
Mycotoxin$4,181,565
Plant Disease$2,651,892
Wildlife$2,606,714
Hot Wind$2,474,282
Wind/Excess Wind$2,154,666
Insects$1,144,519
Flood$936,653
Falling Numbers$733,792
All Other Causes$522,908
Failure of Irrigation Equipment$119,670
Fruit Set Failure$77,214
Tornado$49,833
Fire$26,881
Excess Sun$17,837
Asian Soybean Rust$14,203
Cyclone$9,222
Earthquake$8,623
Inability to Prepare Land for Irrigation$3,984
Federal or State Ordered Destruction$1,933
Hurricane/Tropical Depression$1,905
Insufficient Chilling Hours$621
Poor Drainage$526
Market Price Difference - Spring vs Harvest$136
Volcanic Eruption$15
1995-2023$572,649,936

* 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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