Crop Insurance
The United States
Indemnities by cause of loss for Hybrid Corn Seed, 1995-2022
| Indemnities by cause of loss for Hybrid Corn Seed, 1995-2022 | |||
|---|---|---|---|
| Cause of Loss | Indemnities paid 1995-2022 | ||
| Heat | $75,395,887 | ||
| Excess Moisture/Precipitation/Rain | $53,846,392 | ||
| Drought | $52,340,925 | ||
| Wind/Excess Wind | $45,221,544 | ||
| Hail | $28,402,493 | ||
| Flood | $5,746,999 | ||
| Cold Wet Weather | $3,332,048 | ||
| Plant Disease | $2,059,028 | ||
| Hot Wind | $1,426,790 | ||
| Frost | $972,519 | ||
| Other (Snow, Lightning, Etc.) | $712,218 | ||
| Freeze | $570,322 | ||
| Tornado | $373,448 | ||
| Insects | $213,901 | ||
| GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only* | $19,142 | ||
| Mycotoxin | $6,402 | ||
| All Other Causes | $4,229 | ||
| Poor Drainage | $1,905 | ||
| Wildlife | $1,828 | ||
| Cold Winter | $1,619 | ||
| 1995-2022 | $270,649,637 | ||
* 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.
Federal crop insurance reform vital for incentivizing climate adaptation on farms
Farm Subsidies Ballooned Under Trump
Is Federal Crop Insurance Policy Leading to Another Dust Bowl?
Double Dipping:
The "Farm Crisis" Myth
Crying Wolf