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 Adjusted Gross Revenue-lite, 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 Adjusted Gross Revenue-lite, 1995-2022
Cause of LossPremium subsidies
1995-2022
Decline in Price$1,370,729
Cold Wet Weather$477,438
Frost$311,386
Freeze$289,090
Excess Moisture/Precipitation/Rain$265,751
Hail$182,676
Heat$106,919
Failure of Irrigation Supply/Equipment$45,930
Drought$36,554
Cold Winter$29,558
Wind/Excess Wind$25,826
Hurricane/Tropical Depression$20,422
Other (Snow, Lightning, Etc.)$14,255
Hot Wind$2,715
Wildlife$375
All Other Causes$0
1995-2022$3,179,624

* 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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