Crop Insurance

Oklahoma

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance premium subsidies in Oklahoma

Total premium subsidies, 1995-2023: $2,544,358,273


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$661,646,765
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only *$115,986,501
Excess Moisture/Precipitation/Rain$108,916,862
Freeze$75,707,007
Decline in Price$51,251,914
Hot Wind$45,066,206
Hail$44,294,671
Heat$42,799,777
Wind/Excess Wind$27,894,675
Failure of Irrigation Equipment$14,805,666
All Other Causes$8,957,786
Cold Wet Weather$5,477,014
Mycotoxin$3,556,126
Flood$3,434,809
Cold Winter$2,993,693
Plant Disease$2,737,882
Other (Snow, Lightning, Etc.)$2,513,860
Failure of Irrigation Supply$1,693,104
Frost$1,218,135
Wildlife$1,089,577
Insects$664,920
Tornado$162,480
Fire$90,415
Erosion$46,630
Earthquake$27,105
Cyclone$22,540
Hurricane/Tropical Depression$19,203
Inability to Prepare Land for Irrigation$17,502
Poor Drainage$10,112
Asian Soybean Rust$8,443
Federal or State Ordered Destruction$4,241
Falling Numbers$1,031
Volcanic Eruption$220
1995-2023$1,223,116,872

* 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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