Crop Insurance

South Carolina

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance premium subsidies in South Carolina

Total premium subsidies, 1995-2023: $1,098,522,186


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$106,067,502
Excess Moisture/Precipitation/Rain$80,537,463
Freeze$73,852,461
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only *$42,168,836
Heat$19,702,012
Hurricane/Tropical Depression$16,981,003
Wildlife$10,026,063
Hail$9,495,127
Tropical Storm$7,545,342
Decline in Price$5,447,411
Frost$4,594,881
Plant Disease$4,548,781
Insufficient Chilling Hours$3,667,487
Cold Wet Weather$1,337,999
Wind/Excess Wind$1,295,163
All Other Causes$947,811
Other (Snow, Lightning, Etc.)$502,547
Cold Winter$338,066
Flood$335,984
Insects$172,543
Tornado$125,277
Fire$111,923
Mycotoxin$88,935
Failure of Irrigation Equipment$71,328
Hot Wind$46,776
Cyclone$8,340
Storm Surge$4,541
Earthquake$3,267
Asian Soybean Rust$2,058
Federal or State Ordered Destruction$739
Excess Sun$618
Inability to Prepare Land for Irrigation$155
Volcanic Eruption$150
Poor Drainage$54
1995-2023$390,028,643

* 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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