Content
Insurance History
Year | Policies Earning Premium |
Net Acres Insured |
Liability | Gross Premium |
Losses | Loss Ratio |
2002 | 41,227 | 6,955,983 | 1,445,342,020 | 96,462,476 | 134,363,767 | 1.39 |
2003 | 41,823 | 7,142,208 | 1,655,942,320 | 117,458,905 | 104,436,956 | 0.89 |
2004 | 41,438 | 7,283,722 | 2,030,703,078 | 162,099,883 | 93,804,911 | 0.58 |
2005 | 42,004 | 7,704,634 | 2,002,812,466 | 163,314,451 | 38,942,535 | 0.24 |
2006 | 40,682 | 7,785,011 | 2,321,033,899 | 194,348,438 | 35,160,245 | 0.18 |
2007 | 39,856 |
7,797,901 | 3,499,131,915 | 300,939,269 | 110,121,701 | 0.37 |
2008 | 40,396 | 7,824,614 | 4,617,147,027 | 449,367,282 | 524,765,981 | 1.17 |
2009 | 42,181 | 8,242,395 | 3,749,589,077 | 384,123,675 | 96,676,899 | 0.25 |
2010 | 40,993 | 8,272,772 | 3,764,537,314 | 305,454,447 | 82,026,600 | 0.27 |
2011 | 42,921 | 8,556,637 | 5,762,524,848 | 512,812,721 | 133,759,373 | 0.26 |
2012 | 43,492 | 8,745,475 | 5,761,469,545 | 437,698,659 | 1,484,502,434 | 3.39 |
2013 | 48,052 | 9,324,807 | 6,287,936,772 | 467,321,472 | 85,585,874 | 0.18 |
2014 | 47,769 | 9,369,523 | 5,165,210,788 | 376,830,320 | 145,545,409 | 0.39 |
2015 | 46,459 | 9,362,875 | 4,669,510,719 | 368,410,670 | 281,213,748 | 0.76 |
2016 | 46,216 | 9,464,172 | 4,416,593,616 | 338,636,251 | 61,002,279 | 0.18 |
Insured Crops
Crops | Insured Acres |
Total Acres |
Percent Insured |
Apples | 512 | 1,300 | 39% |
Barley | 79 | NA | NA |
Burley Tobacco |
1,065 | NA | NA |
Corn | 4,571,885 | 5,600,000 | 82% |
Cucumbers | 3,983 | NA | NA |
Grain Sorghum |
5,017 | NA | NA |
Hybrid Corn Seed |
41,307 | NA | NA |
Mint | 8,076 | 14,800 | 55% |
Oats | 0 | NA | NA |
Popcorn | 78,684 | NA | NA |
Potatoes | 474 | NA |
NA |
Processing Beans |
827 | NA | NA |
Soybeans | 4,558,107 | 5,650,000 | 81% |
Tomatoes | 7,258 | NA | NA |
Wheat | 175,095 | 330,000 | 53% |
Pilot Programs
Crop Pilot Programs |
||
Program | County Availability |
Total Liability |
Whole Farm Revenue Protection |
All Counties |
64,348,674 |
Cucumbers | Fulton, Knox, La Porte, Porter, Pulaski, St. Joseph and Stark |
3,383,728 |
Dollar Program
Dollar Liability Program |
Total Dollar Liability |
Area Risk Protection (ARPI) |
64,348,674 |
Area Risk Protection - Harvest Price Exclusion (ARPI) |
4,793,337 |
Livestock Gross Margin (LGM) |
558,715 |
Livestock Risk Protection (LRP) |
637,194 |
Nursery | 87,408 |
Where to Buy Crop Insurance
All multi-peril crop insurance, including Catastrophic Risk Protection policies, are available from private crop insurance agents. A list of crop insurance agents is available at all USDA service centers and on RMA’s website.