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 Popcorn, 1995-2022

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 Popcorn, 1995-2022
Cause of LossPremium subsidies
1995-2022
Excess Moisture/Precipitation/Rain$5,127,414
Drought$3,396,739
Hail$2,007,310
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$1,351,402
Heat$994,358
Decline in Price$986,934
Wind/Excess Wind$782,978
Cold Wet Weather$625,772
Flood$228,684
Hot Wind$135,594
Other (Snow, Lightning, Etc.)$90,519
Freeze$85,795
Insects$50,583
Failure of Irrigation Supply/Equipment$38,473
Plant Disease$37,815
Mycotoxin$32,768
Frost$25,952
Cold Winter$10,362
Fire$7,296
Wildlife$6,407
Hurricane/Tropical Depression$5,591
Tornado$2,687
1995-2022$16,031,433

* 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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