Crop Insurance
The United States
Indemnities by cause of loss for Wheat, 1995-2023
| Indemnities by cause of loss for Wheat, 1995-2023 | |||
|---|---|---|---|
| Cause of Loss | Indemnities paid 1995-2023 | ||
| Drought | $12,021,759,879 | ||
| Excess Moisture/Precipitation/Rain | $5,462,676,337 | ||
| Hail | $2,670,566,092 | ||
| Freeze | $1,480,477,349 | ||
| Cold Winter | $915,206,028 | ||
| Decline in Price | $907,979,497 | ||
| Heat | $716,695,812 | ||
| Wind/Excess Wind | $715,027,267 | ||
| Cold Wet Weather | $486,669,572 | ||
| Plant Disease | $323,626,230 | ||
| GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $226,764,137 | ||
| Frost | $176,801,490 | ||
| Hot Wind | $157,933,075 | ||
| Failure of Irrigation Equipment | $105,889,914 | ||
| Mycotoxin | $82,383,034 | ||
| All Other Causes | $81,440,951 | ||
| Other (Snow, Lightning, Etc.) | $79,490,426 | ||
| Flood | $72,855,728 | ||
| Insects | $67,799,032 | ||
| Falling Numbers | $41,530,595 | ||
| Wildlife | $28,587,753 | ||
| Failure of Irrigation Supply | $5,957,594 | ||
| Fire | $5,828,497 | ||
| Erosion | $3,519,113 | ||
| Hurricane/Tropical Depression | $2,251,673 | ||
| Tornado | $1,817,534 | ||
| Inability to Prepare Land for Irrigation | $899,094 | ||
| Cyclone | $737,508 | ||
| Earthquake | $413,768 | ||
| Poor Drainage | $156,776 | ||
| Volcanic Eruption | $100,452 | ||
| Market Price Difference - Spring vs Harvest | $86,663 | ||
| Tropical Storm | $17,916 | ||
| Federal or State Ordered Destruction | $11,521 | ||
| 1995-2023 | $26,843,958,307 | ||
* 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 and 2022.
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