Crop Insurance
The United States
Indemnities by cause of loss for Corn, 1995-2023
| Indemnities by cause of loss for Corn, 1995-2023 | |||
|---|---|---|---|
| Cause of Loss | Indemnities paid 1995-2023 | ||
| Drought | $25,578,969,143 | ||
| Excess Moisture/Precipitation/Rain | $16,771,476,927 | ||
| Decline in Price | $4,875,893,729 | ||
| Hail | $3,094,637,456 | ||
| Heat | $2,708,849,084 | ||
| GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $2,703,192,158 | ||
| Cold Wet Weather | $1,092,700,190 | ||
| Wind/Excess Wind | $1,033,050,552 | ||
| Flood | $973,045,462 | ||
| Hot Wind | $685,972,690 | ||
| Mycotoxin | $410,815,534 | ||
| Failure of Irrigation Equipment | $326,287,918 | ||
| Other (Snow, Lightning, Etc.) | $212,644,156 | ||
| Frost | $155,268,546 | ||
| Freeze | $143,857,520 | ||
| Hurricane/Tropical Depression | $108,832,879 | ||
| Wildlife | $81,590,587 | ||
| Plant Disease | $64,553,463 | ||
| All Other Causes | $49,761,319 | ||
| Insects | $36,350,882 | ||
| Failure of Irrigation Supply | $25,823,404 | ||
| Tropical Storm | $24,331,528 | ||
| Tornado | $10,970,414 | ||
| Cold Winter | $8,638,947 | ||
| Fire | $3,761,979 | ||
| Inability to Prepare Land for Irrigation | $2,033,686 | ||
| Cyclone | $1,592,967 | ||
| Earthquake | $1,298,197 | ||
| Poor Drainage | $151,611 | ||
| Federal or State Ordered Destruction | $48,032 | ||
| Market Price Difference - Spring vs Harvest | $19,257 | ||
| Erosion | $2,999 | ||
| Volcanic Eruption | $-10,966 | ||
| 1995-2023 | $61,186,412,250 | ||
* 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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