Crop Insurance

Virginia

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance premium subsidies in Virginia

Total premium subsidies, 1995-2023: $863,790,189


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$108,651,110
Excess Moisture/Precipitation/Rain$44,901,287
Heat$18,766,100
Freeze$17,310,044
Decline in Price$13,727,372
Hail$8,933,502
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only *$7,186,925
Wildlife$4,981,399
Frost$4,955,715
Cold Wet Weather$3,265,350
Hurricane/Tropical Depression$2,848,473
All Other Causes$2,789,285
Excess Sun$2,236,311
Wind/Excess Wind$2,016,556
Other (Snow, Lightning, Etc.)$1,521,545
Plant Disease$1,094,622
Insects$1,060,654
Cold Winter$771,745
Flood$639,754
Storm Surge$205,785
Failure of Irrigation Equipment$167,347
Mycotoxin$112,331
Oxygen Depletion$92,378
Disease, Aquaculture$69,030
Fruit Set Failure$56,393
Cyclone$31,815
Fire$28,976
Tornado$13,148
House burn (Pole burn)$13,115
Hot Wind$13,017
Asian Soybean Rust$7,182
Falling Numbers$4,971
Volcanic Eruption$2,068
Failure of Irrigation Supply$1,815
Earthquake$1,431
Poor Drainage$349
Force Fire$22
1995-2023$248,478,922

* 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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