Crop Insurance

Iowa

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance premium subsidies in Iowa

Total premium subsidies, 1995-2022: $8,186,169,702


Premium subsidies by County, 1995-2022


Premium subsidies by year, 1995-2022


Premium subsidies by crop, 1995-2022


Premium subsidies by cause of loss, 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.

Premium subsidies by cause of loss
Cause of LossPremium subsidies
1995-2022
Drought$608,011,492
Excess Moisture/Precipitation/Rain$487,949,440
Decline in Price$445,209,588
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$82,611,259
Hail$54,747,171
Wind/Excess Wind$47,310,956
Cold Wet Weather$32,747,188
Flood$31,909,211
Heat$18,538,157
Frost$7,306,961
Other (Snow, Lightning, Etc.)$5,313,849
Freeze$2,662,693
Plant Disease$2,623,422
Insects$2,151,488
Mycotoxin$1,354,499
Wildlife$1,023,111
Hot Wind$839,487
Cold Winter$739,740
All Other Causes$624,977
Tornado$470,553
Failure of Irrigation Supply/Equipment$92,809
Cyclone$66,183
Fire$41,376
Earthquake$36,645
Hurricane/Tropical Depression$14,460
Inability to Prepare Land for Irrigation$11,301
Asian Soybean Rust$8,630
Federal or State Ordered Destruction$3,128
Poor Drainage$1,197
Volcanic Eruption$1,174
Erosion$748
Market Price Difference - Spring vs Harvest$406
1995-2022$1,834,423,299

* 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.


Number of years each cause of loss garnered premium subsidies, out of the 28 years between 1995 and 2022

* 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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