Crop Insurance

Michigan

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance premium subsidies in Michigan

Total premium subsidies, 1995-2022: $2,183,292,625


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
Excess Moisture/Precipitation/Rain$165,126,530
Drought$129,103,779
Decline in Price$58,757,872
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$52,413,385
Freeze$41,063,810
Cold Wet Weather$27,213,501
Frost$21,930,499
Heat$11,403,584
Hail$9,196,783
Cold Winter$6,274,642
Other (Snow, Lightning, Etc.)$4,712,843
Mycotoxin$2,611,741
Plant Disease$2,523,938
Wildlife$2,367,647
Wind/Excess Wind$2,107,434
Insects$1,115,126
Flood$930,966
Hot Wind$567,832
All Other Causes$522,908
Falling Numbers$270,392
Failure of Irrigation Supply/Equipment$119,670
Fruit Set Failure$77,214
Fire$26,881
Excess Sun$17,837
Tornado$14,424
Asian Soybean Rust$14,203
Cyclone$9,222
Earthquake$8,623
Inability to Prepare Land for Irrigation$3,984
Federal or State Ordered Destruction$1,933
Hurricane/Tropical Depression$1,905
Insufficient Chilling Hours$621
Poor Drainage$526
Market Price Difference - Spring vs Harvest$136
Volcanic Eruption$15
1995-2022$540,512,406

* 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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