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 Revenue Coverage Corn, 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 Revenue Coverage Corn, 1995-2022
Cause of LossPremium subsidies
1995-2022
Excess Moisture/Precipitation/Rain$1,959,605
Hail$594,456
Cold Wet Weather$291,707
Flood$184,425
Drought$145,853
Wind/Excess Wind$30,777
Frost$13,682
Insects$9,928
Plant Disease$9,531
Freeze$8,461
Other (Snow, Lightning, Etc.)$7,610
Cold Winter$5,613
Poor Drainage$4,183
Heat$1,877
Wildlife$1,556
Erosion$1,350
Failure of Irrigation Supply/Equipment$568
Hot Wind$166
Tornado$129
1995-2022$3,271,477

* 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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