Crop Insurance

New Mexico

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance indemnities in New Mexico

Total indemnities, 1995-2023: $1,211,714,966


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
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only *$585,719,148
Drought$199,155,735
Hot Wind$88,650,283
Hail$75,474,776
Heat$60,015,886
Freeze$55,911,169
Wind/Excess Wind$47,526,463
Failure of Irrigation Equipment$36,795,457
Decline in Price$25,543,781
Excess Moisture/Precipitation/Rain$10,056,787
Cold Wet Weather$6,189,881
Failure of Irrigation Supply$5,635,878
Other (Snow, Lightning, Etc.)$5,411,273
Mycotoxin$2,215,462
Plant Disease$2,138,875
Frost$1,181,184
Insects$1,154,394
Wildlife$1,135,496
Cold Winter$934,959
Flood$523,085
Fire$130,613
Cyclone$102,972
Erosion$84,042
Tornado$14,264
Earthquake$9,568
All Other Causes$2,602
Fruit Set Failure$933
1995-2023$1,211,714,966

* 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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