Crop Insurance

The United States

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

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Crop Insurance premium subsidies by cause of loss for Rice, 1995-2023

The premium subsidies by cause of loss in the table below are lower than total premium subsidies for this state 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.

Crop Insurance premium subsidies by cause of loss for Rice, 1995-2023
Cause of LossPremium subsidies
1995-2023
Excess Moisture/Precipitation/Rain$181,447,109
Heat$27,798,242
Failure of Irrigation Equipment$26,551,499
Wind/Excess Wind$13,135,080
Flood$10,385,819
Decline in Price$9,357,552
GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only *$8,412,306
Hurricane/Tropical Depression$6,768,448
Cold Wet Weather$5,699,118
Failure of Irrigation Supply$3,891,623
Wildlife$2,596,251
Plant Disease$1,806,518
Other (Snow, Lightning, Etc.)$1,272,538
Hot Wind$617,248
Cold Winter$528,676
Hail$337,905
Insects$279,869
Drought$144,793
Frost$131,190
Freeze$69,899
Fire$32,313
Tornado$21,193
All Other Causes$18,106
Inability to Prepare Land for Irrigation$11,777
Mycotoxin$3,193
Earthquake$639
Cyclone$472
Poor Drainage$20
1995-2023$301,319,396

* 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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