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 Grain Sorghum, 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 Grain Sorghum, 1995-2022
Cause of LossPremium subsidies
1995-2022
Drought$650,868,075
Excess Moisture/Precipitation/Rain$108,030,294
Heat$55,102,639
Decline in Price$40,896,078
Hot Wind$30,802,451
Hail$25,897,238
Freeze$16,140,618
Wind/Excess Wind$15,439,139
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$11,734,507
Cold Wet Weather$4,438,287
Failure of Irrigation Supply/Equipment$3,292,057
Insects$2,751,676
Flood$2,646,094
Other (Snow, Lightning, Etc.)$2,243,896
Hurricane/Tropical Depression$2,122,898
Wildlife$2,026,644
Frost$1,686,546
All Other Causes$775,854
Plant Disease$461,943
Cold Winter$235,017
Tornado$79,367
Mycotoxin$56,955
Fire$44,031
Cyclone$29,665
Inability to Prepare Land for Irrigation$14,549
Earthquake$10,918
Poor Drainage$5,930
Erosion$5,603
1995-2022$977,838,969

* 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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