Crop Insurance
The United States
Indemnities by cause of loss for Revenue Coverage Soybeans, 1995-2022
Indemnities by cause of loss for Revenue Coverage Soybeans, 1995-2022 | |||
---|---|---|---|
Cause of Loss | Indemnities paid 1995-2022 | ||
Excess Moisture/Precipitation/Rain | $5,258,797 | ||
Hail | $2,296,795 | ||
Flood | $1,211,202 | ||
Drought | $699,137 | ||
Plant Disease | $249,320 | ||
Frost | $238,215 | ||
Cold Wet Weather | $203,894 | ||
Freeze | $59,518 | ||
Wind/Excess Wind | $16,982 | ||
Cold Winter | $10,797 | ||
Poor Drainage | $10,715 | ||
Insects | $10,609 | ||
Other (Snow, Lightning, Etc.) | $6,865 | ||
Heat | $2,424 | ||
Wildlife | $1,696 | ||
Hot Wind | $843 | ||
1995-2022 | $10,277,807 |
* 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.