Content
Intro Text
Revised February 2020
Profile
| Crops | Insured Acres | Total Acres | Percent Insured |
|---|---|---|---|
| Annual Forage | 73,823 | N/A | N/A |
| Barley | 4,134 | 19,751 | 21% |
| Canola | 30,085 | 31,082 | 97% |
| Corn | 295,280 | 336,205 | 88% |
| Cotton | 627,365 | N/A | N/A |
| Grain Sorghum | 251,976 | 281,148 | 89% |
| Oats | 876 | 8,698 | 10% |
| Peaches | 87 | 254 | 34% |
| Peanuts | 9,445 | 14,159 | 67% |
| Pecans | 2,558 | 66,626 | 4% |
| Potatoes | 300 | 1,854 | 16% |
| Rye | 10,101 | 94,423 | 11% |
| Soybeans | 453,644 | 451,262 | 100% |
| Sunflowers | 1,313 | 4,086 | 32% |
| Triticale | 390 | 20,984 | 2% |
| Wheat | 2,773,535 | 3,236,917 | 86% |
| Crop Pilot Programs | |||
|---|---|---|---|
| Program | County Availability | Insured Acres | Total Liability |
| Apiculture - Rainfall Index | All Counties | N/A | $2,136,821 |
| Pasture, Range, Forage | All Counties | 2,033,790 | $76,333,483 |
| Sesame | Alfalfa, Blaine, Caddo, Custer, Dewey, Garfield, Grant, Jackson, Kingfisher, Major, Tillman, and Washita County | 28,764 | $2,774,383 |
| Sorghum Silage | Beaver, Cimarron, and Texas County | 432 | $120,170 |
| Cottonseed Endorsement | All Counties With Cotton Policies | N/A | $19,763,108 |
| Whole Farm Revenue Protection | All Counties | N/A | $2,937,657 |
| Dollar Liability Program | Total Dollar Liability | ||
|---|---|---|---|
| Livestock Risk Protection - Feeder Cattle | $7,313,694 | ||
| Nursery – Field Grown and Container | $39,663,341 |
15 Year Crop Insurance History for Oklahoma
| Year | Policies Earning Premium | Net Acres Insured | Liability | Gross Premium | Losses | Loss Ratio |
|---|---|---|---|---|---|---|
| 2005 | 19,702 | 4,701,437 | $408,430,711 | $60,206,137 | $27,011,929 | 0.45 |
| 2006 | 17,953 | 4,500,092 | $405,200,253 | $62,490,935 | $136,154,963 | 2.18 |
| 2007 | 18,339 | 5,372,995 | $539,177,677 | $88,758,357 | $159,888,657 | 1.80 |
| 2008 | 18,565 | 5,138,753 | $700,133,780 | $130,339,326 | $85,178,729 | 0.65 |
| 2009 | 18,591 | 5,111,121 | $907,686,856 | $191,026,804 | $313,993,866 | 1.64 |
| 2010 | 18,732 | 4,914,438 | $669,635,643 | $132,873,550 | $43,240,679 | 0.33 |
| 2011 | 19,141 | 5,177,196 | $1,002,154,245 | $204,736,999 | $440,190,980 | 2.15 |
| 2012 | 20,966 | 6,800,575 | $1,207,993,009 | $253,806,672 | $211,893,660 | 0.83 |
| 2013 | 21,494 | 7,339,706 | $1,244,194,738 | $254,797,821 | $324,374,626 | 1.27 |
| 2014 | 21,234 | 6,921,095 | $994,223,428 | $220,258,993 | $380,252,855 | 1.73 |
| 2015 | 23,956 | 7,328,236 | $949,933,786 | $200,950,241 | $141,377,292 | 0.70 |
| 2016 | 21,062 | 6,374,019 | $806,942,726 | $176,368,657 | $55,382,887 | 0.31 |
| 2017 | 19,905 | 6,324,948 | $831,988,408 | $176,557,809 | $87,550,360 | 0.50 |
| 2018 | 18,729 | 6,330,501 | $902,347,758 | $185,984,312 | $201,741,292 | 1.08 |
| 2019 | 17,862 | 6,566,367 | $911,200,717 | $180,423,420 | $108,044,267 | 0.60 |
Data current as of January 30, 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.