Taxpayers should worry about the drought, not farmers. Taxpayers pick up about 60% of the cost of crop insurance. There is no good reason why taxpayers should subsidize crop insurance. As with many government programs, there is abuse in crop insurance. Crop insurance sales agents are paid commissions as high as 20% of the total premium! This would never take place in a private market. If nothing else, the full cost should be charged back in premiums and there should be no taxpayer subsidy. p.s. – Under the proposed Farm Bill, insurance will not only cover crop losses due to weather, but will also cover low prices – so that a profit is pretty much guaranteed.