Content
Intro Text
Revised January 2020
Profile
| Crops | Insured Acres | Total Acres | Percent Insured |
|---|---|---|---|
| Apples | N/A | N/A | N/A |
| Barley | 1,069 | 2,130 | 50% |
| Canola | 1,178 | 1,850 | 64% |
| Corn | 1,373,125 | 1,550,000 | 89% |
| Grain Sorghum | 1,743 | 5,290 | 33% |
| Peaches | 21 | 200 | 11% |
| Popcorn | 4,333 | N/A | N/A |
| Soybeans | 1,503,124 | 1,700,000 | 88% |
| Tobacco – Burley | 37,243 | 41,000 | 91% |
| Tobacco – Dark Air Cured | 6,375 | 6,900 | 92% |
| Tobacco – Fire Cured | 8,276 | 9,500 | 87% |
| Wheat | 380,104 | 460,000 | 83% |
| Crop Pilot Programs | |||
|---|---|---|---|
| Program | County Availability | Total Liability | |
| Apiculture | All Counties | $2,530 | |
| Livestock Gross Margin – Dairy Cattle | All Counties | N/A | |
| Livestock Gross Margin – Swine | All Counties | N/A | |
| Livestock Risk Protection (LRP) – Fed Cattle | All Counties | N/A | |
| Livestock Risk Protection (LRP) – Feeder Cattle | All Counties | $529,948 | |
| Livestock Risk Protection (LRP) – Swine | All Counties | N/A | |
| Nursery Grower’s Price Endorsement | All Counties | N/A | |
| Pasture, Rangeland and Forage | All Counties | $30,026,135 | |
| Whole Farm Revenue Protection | All Counties | $13,511,832 | |
| Dollar Liability Program | |||
|---|---|---|---|
| Program | Total Dollar Liability | ||
| Nursery | $1,154,670 | ||
15 Year Crop Insurance History for Kentucky
| Year | Policies Earning Premium | Net Acres Insured | Liability | Gross Premium | Losses | Loss Ratio |
|---|---|---|---|---|---|---|
| 2005 | 12,413 | 1,850,621 | 390,624,721 | 34,597,205 | 19,766,248 | 0.57 |
| 2006 | 11,426 | 1,835,279 | 431,358,026 | 39,137,246 | 13,924,121 | 0.36 |
| 2007 | 11,785 | 1,945,021 | 659,405,868 | 59,982,827 | 110,608,000 | 1.84 |
| 2008 | 13,544 | 2,261,010 | 1,030,624,660 | 106,628,005 | 114,290,667 | 1.07 |
| 2009 | 14,211 | 2,405,750 | 990,122,556 | 103,273,969 | 70,254,384 | 0.68 |
| 2010 | 14,173 | 2,514,887 | 953,838,466 | 89,918,413 | 137,982,198 | 1.53 |
| 2011 | 15,270 | 2,781,235 | 1,462,051,356 | 154,188,747 | 99,129,881 | 0.64 |
| 2012 | 16,234 | 2,981,130 | 1,574,617,655 | 144,739,801 | 490,510,122 | 3.39 |
| 2013 | 17,884 | 3,300,497 | 1,736,469,223 | 166,202,749 | 62,260,294 | 0.37 |
| 2014 | 18,227 | 3,367,034 | 1,624,595,103 | 149,717,810 | 142,377,585 | 0.95 |
| 2015 | 17,068 | 4,088,398 | 1,462,081,420 | 145,587,407 | 100,069,751 | 0.69 |
| 2016 | 16,567 | 3,422,237 | 1,373,530,166 | 142,195,510 | 122,926,477 | 0.86 |
| 2017 | 16,337 | 3,378,918 | 1,507,622,561 | 155,741,151 | 92,558,778 | 0.59 |
| 2018 | 16,107 | 3,479,753 | 1,526,676,299 | 144,285,686 | 110,813,452 | 0.77 |
| 2019 | 16,136 | 3,459,674 | 1,560,115,664 | 154,649,004 | 67,585,537 | 0.44 |
Data current as of January 7, 2020. For current data go to RMA’s Summary of Business tool.
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.