Crop Insurance
New Jersey
Crop insurance premium subsidies in New Jersey
Total premium subsidies, 1995-2023: $110,367,402
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 Loss | Premium subsidies 1995-2023 | ||
| Drought | $9,510,322 | ||
| Excess Moisture/Precipitation/Rain | $4,852,860 | ||
| Heat | $1,888,667 | ||
| Freeze | $882,653 | ||
| Decline in Price | $836,281 | ||
| GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $669,127 | ||
| Hail | $657,718 | ||
| Wildlife | $639,720 | ||
| Frost | $358,352 | ||
| Cold Wet Weather | $346,467 | ||
| Hurricane/Tropical Depression | $175,269 | ||
| Flood | $101,199 | ||
| Wind/Excess Wind | $93,548 | ||
| All Other Causes | $47,872 | ||
| Cold Winter | $46,857 | ||
| Plant Disease | $30,867 | ||
| Failure of Irrigation Equipment | $26,321 | ||
| Insects | $26,278 | ||
| Tornado | $20,626 | ||
| Hot Wind | $15,156 | ||
| Other (Snow, Lightning, Etc.) | $14,754 | ||
| Mycotoxin | $832 | ||
| Cyclone | $667 | ||
| 1995-2023 | $21,242,413 | ||
* 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
Increasing crop reference prices would hurt young farmers
Do billionaires get farm subsidies?
Crop insurance pays billions in weather-related losses linked to the climate crisis
Crop insurance costs soar over time, reaching a record high in 2022
As the climate emergency heats up the Southwest, crop insurance payouts for heat surge
In the intensifying climate crisis, a hotter Southwest spurs rising heat-related crop insurance costs
