Crop Insurance
The United States
Crop insurance premium subsidies by year, 1995-2020
Top five causes of loss with total premium subsidies, by year
The premium subsidies by cause of loss in the table below are lower than total premium subsidies by year 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.
Year | Top five causes of loss | Premium subsidies |
---|---|---|
1995 | ||
Excess Moisture/Precipitation/Rain | $59,457,048 | |
Drought | $41,886,783 | |
Hail | $13,483,830 | |
Heat | $8,887,776 | |
Freeze | $7,151,725 | |
1996 | ||
Drought | $64,197,441 | |
Excess Moisture/Precipitation/Rain | $40,363,236 | |
Hail | $11,945,517 | |
Freeze | $11,141,034 | |
Cold Winter | $7,282,193 | |
1997 | ||
Excess Moisture/Precipitation/Rain | $41,082,640 | |
Drought | $26,879,746 | |
Hail | $13,612,035 | |
Freeze | $5,352,556 | |
Plant Disease | $3,768,312 | |
1998 | ||
Drought | $86,276,852 | |
Excess Moisture/Precipitation/Rain | $50,263,731 | |
Hail | $10,787,823 | |
Heat | $9,326,695 | |
Flood | $3,732,848 | |
1999 | ||
Excess Moisture/Precipitation/Rain | $143,967,486 | |
Drought | $109,477,675 | |
Hail | $36,474,221 | |
Heat | $18,109,727 | |
Plant Disease | $12,165,280 | |
2000 | ||
Drought | $173,490,519 | |
Excess Moisture/Precipitation/Rain | $75,915,672 | |
Heat | $27,216,548 | |
Hail | $19,066,225 | |
Decline in Price | $9,088,747 | |
2001 | ||
Drought | $174,573,436 | |
Excess Moisture/Precipitation/Rain | $149,321,427 | |
Hail | $29,000,250 | |
Heat | $23,813,383 | |
Decline in Price | $20,957,783 | |
2002 | ||
Drought | $329,348,102 | |
Excess Moisture/Precipitation/Rain | $88,748,923 | |
Heat | $28,509,259 | |
Hail | $28,109,058 | |
Freeze | $13,130,783 | |
2003 | ||
Drought | $231,421,928 | |
Excess Moisture/Precipitation/Rain | $137,391,925 | |
Hail | $50,952,682 | |
Heat | $27,561,809 | |
Freeze | $7,788,681 | |
2004 | ||
Excess Moisture/Precipitation/Rain | $178,157,193 | |
Drought | $122,986,767 | |
Decline in Price | $87,659,705 | |
Frost | $46,431,151 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $44,455,670 | |
2005 | ||
Drought | $150,619,337 | |
Excess Moisture/Precipitation/Rain | $119,339,892 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $46,832,546 | |
Hail | $32,940,144 | |
Heat | $19,625,908 | |
2006 | ||
Drought | $397,915,899 | |
Excess Moisture/Precipitation/Rain | $74,681,484 | |
Heat | $33,070,916 | |
Hail | $26,482,195 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $23,922,971 | |
2007 | ||
Drought | $262,053,760 | |
Excess Moisture/Precipitation/Rain | $141,743,549 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $100,958,209 | |
Freeze | $70,623,758 | |
Hail | $39,759,414 | |
2008 | ||
Decline in Price | $756,272,300 | |
Drought | $582,148,791 | |
Excess Moisture/Precipitation/Rain | $345,160,030 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $298,332,231 | |
Hail | $119,691,833 | |
2009 | ||
Excess Moisture/Precipitation/Rain | $407,365,714 | |
Drought | $289,825,367 | |
Decline in Price | $195,155,486 | |
Hail | $96,000,836 | |
Freeze | $65,838,651 | |
2010 | ||
Excess Moisture/Precipitation/Rain | $405,569,873 | |
Drought | $159,409,878 | |
Hail | $55,473,265 | |
Heat | $46,860,919 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $31,037,159 | |
2011 | ||
Drought | $1,782,619,101 | |
Excess Moisture/Precipitation/Rain | $1,565,931,581 | |
Heat | $306,162,992 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $297,269,134 | |
Hot Wind | $237,962,306 | |
2012 | ||
Drought | $1,773,372,512 | |
Heat | $181,573,948 | |
Excess Moisture/Precipitation/Rain | $164,546,281 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $138,569,901 | |
Decline in Price | $80,404,057 | |
2013 | ||
Drought | $1,135,843,231 | |
Excess Moisture/Precipitation/Rain | $636,584,873 | |
Decline in Price | $478,584,983 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $132,579,987 | |
Hail | $111,662,433 | |
2014 | ||
Excess Moisture/Precipitation/Rain | $526,396,979 | |
Decline in Price | $523,775,176 | |
Drought | $437,551,655 | |
Hail | $140,093,319 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $101,734,406 | |
2015 | ||
Excess Moisture/Precipitation/Rain | $635,526,593 | |
Drought | $230,683,925 | |
Decline in Price | $100,509,022 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $99,608,784 | |
Hail | $97,832,339 | |
2016 | ||
Excess Moisture/Precipitation/Rain | $441,257,019 | |
Drought | $171,238,337 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $98,872,564 | |
Hail | $92,524,281 | |
Decline in Price | $65,889,799 | |
2017 | ||
Excess Moisture/Precipitation/Rain | $499,231,661 | |
Drought | $453,147,177 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $171,222,937 | |
Hail | $109,573,691 | |
Decline in Price | $66,813,980 | |
2018 | ||
Drought | $607,727,364 | |
Excess Moisture/Precipitation/Rain | $390,486,798 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $268,960,174 | |
Decline in Price | $107,398,479 | |
Hail | $99,100,815 | |
2019 | ||
Excess Moisture/Precipitation/Rain | $1,129,442,061 | |
Drought | $272,080,051 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $203,866,316 | |
Hail | $106,048,811 | |
Cold Wet Weather | $104,825,432 | |
2020 | ||
Excess Moisture/Precipitation/Rain | $623,036,646 | |
Drought | $490,071,841 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $325,510,466 | |
Hail | $68,334,700 | |
Cold Wet Weather | $63,380,229 | |
2021 | ||
All Other Causes | $0 | |
Decline in Price | $0 | |
Market Price Difference - Spring vs Harvest | $0 | |
Asian Soybean Rust | $0 | |
Drought | $0 | |
1995-2021 | ||
Drought | $10,556,847,475 | |
Excess Moisture/Precipitation/Rain | $9,070,970,315 | |
Decline in Price | $2,700,833,475 | |
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $2,464,770,077 | |
Hail | $1,698,208,823 |
* 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.