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 Pumpkins, 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 Pumpkins, 1995-2022
Cause of LossPremium subsidies
1995-2022
Excess Moisture/Precipitation/Rain$473,279
Drought$74,984
Freeze$74,464
Heat$61,723
Frost$29,856
Plant Disease$18,778
Cold Wet Weather$18,546
All Other Causes$8,242
Decline in Price$5,083
Other (Snow, Lightning, Etc.)$3,485
Failure of Irrigation Supply/Equipment$1,241
Flood$587
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$192
1995-2022$770,460

* 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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