Facts and Figures

• In 2011, approximately 263 million acres of farmland were protected through the Federal crop insurance program.
• There are 15 private sector insurance companies that currently sell and service policies through the Federal crop insurance program. Altogether, these companies issued more than 1.1 million policies in 2011.
• According to Dr. Bert Little, Tarleton State University, the rate of fraud in the Federal crop insurance program is estimated to be less than one-half of one percent. By insurance industry standards, this is an extremely low rate of fraud.
• More than 80 percent of insurable farmland in the United States is now protected through the Federal crop insurance program. In 1985, that number stood at less than 18 percent.
• Agriculture Is Vital to Illinois’s Economy [PDF: 1,400KB]
• Agriculture Is Vital to Indiana’s Economy [PDF: 1,400KB]
• Agriculture Is Vital to Iowa’s Economy [PDF: 1,400KB]
• Agriculture Is Vital to Kansas’s Economy [PDF: 1,400KB]
• Agriculture Is Vital to Michigan’s Economy [PDF: 239KB]
• Agriculture Is Vital to Minnesota’s Economy [PDF: 1,400KB]
• Agriculture Is Vital to North Dakota’s Economy [PDF: 1,400KB]
• Agriculture Is Vital to Ohio’s Economy [PDF: 1,400KB]
• Agriculture Is Vital to Oklahoma’s Economy [PDF: 237KB]
• Agriculture Is Vital to Texas’s Economy [PDF: 1,400KB]

Download and view factsheets for select states