Crop Insurance

North Carolina

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance premium subsidies in North Carolina

Total premium subsidies, 1995-2023: $2,715,738,060


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$275,772,080
Excess Moisture/Precipitation/Rain$245,382,949
Hurricane/Tropical Depression$87,759,491
Freeze$47,054,234
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only *$42,181,363
Heat$36,999,238
Decline in Price$23,962,085
Hail$22,966,812
Plant Disease$15,524,748
Tropical Storm$14,698,036
Frost$13,163,821
Wind/Excess Wind$11,020,871
Wildlife$8,108,712
Cold Wet Weather$6,741,894
All Other Causes$5,162,592
Flood$3,725,606
Other (Snow, Lightning, Etc.)$1,703,460
Insects$1,064,592
Cold Winter$865,164
Mycotoxin$406,064
Excess Sun$219,286
Fire$123,489
Hot Wind$107,210
Cyclone$88,255
Tornado$50,783
Failure of Irrigation Equipment$26,001
Inability to Prepare Land for Irrigation$19,937
Falling Numbers$19,752
Insufficient Chilling Hours$18,956
Earthquake$18,761
House burn (Pole burn)$18,256
Fruit Set Failure$12,203
Volcanic Eruption$5,703
Asian Soybean Rust$4,144
Federal or State Ordered Destruction$1,680
Force Fire$968
Poor Drainage$151
Erosion$6
1995-2023$864,999,353

* 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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