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 Mint, 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 Mint, 1995-2022
Cause of LossPremium subsidies
1995-2022
Excess Moisture/Precipitation/Rain$401,624
Heat$299,882
Cold Wet Weather$147,649
Drought$141,841
Cold Winter$92,369
Freeze$83,259
Frost$61,784
Wind/Excess Wind$36,249
Hail$22,043
Plant Disease$19,990
Flood$15,327
Insects$14,265
Failure of Irrigation Supply/Equipment$10,233
Other (Snow, Lightning, Etc.)$2,444
All Other Causes$50
1995-2022$1,349,009

* 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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