Crop-loss band · Alabama
Colbert County, Alabama — crop-loss band
- 1.37Low end of the filed band
- 2.80Middle of the filed band
- 5.08High end of the filed band
- 2020Worst year filed (5.14)
- 10Years filed
Every year the Risk Management Agency has filed for Colbert County is in the series below, from 2015 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.37 at the low end to 5.08 at the high end, with 2.80 in the middle. The worst year filed is 2020, at 5.14. The band points are years the county actually ran, never a figure interpolated between two of them.
The county’s year-by-year record
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $53,167 | $187,898 | $424,445 | 23 | 23 | 3.53 |
| 2016 | $513,540 | $1,196,974 | $5,534,220 | 55 | 55 | 2.33 |
| 2017 | $218,271 | $596,839 | $1,176,707 | 38 | 38 | 2.73 |
| 2018 | $408,435 | $558,049 | $2,746,515 | 51 | 51 | 1.37 |
| 2019 | $252,211 | $1,280,749 | $2,516,138 | 55 | 55 | 5.08 |
| 2020 | $186,167 | $957,452 | $1,913,317 | 47 | 47 | 5.14 |
| 2021 | $187,173 | $788,035 | $1,225,210 | 27 | 27 | 4.21 |
| 2022 | $1,798,143 | $5,028,089 | $14,370,210 | 90 | 90 | 2.80 |
| 2023 | $843,223 | $1,578,690 | $7,158,741 | 52 | 52 | 1.87 |
| 2024 | $2,712,217 | $9,590,753 | $23,307,851 | 274 | 274 | 3.54 |
Commodities insured in Colbert County
4 commodities here clear the desk’s floors — at least five filed years and a quarter of a million dollars of filed premium. Each carries its own band, so a reader can read the commodity they actually farm rather than the county average.
Soybeans 10 years filed
- 1.49Low end of the filed band
- 2.06Middle of the filed band
- 3.79High end of the filed band
- 2021Worst year filed (4.80)
- 10Years filed
- $2,575,536Premium filed
- $6,768,924Indemnity paid
- $17,281,355Liability insured
- 49,677Quantity planted
- 48,986Quantity lost
- 254Policies
- 254Policies with a loss
- 2.63Loss ratio, whole span
Causes that carried the indemnity in Colbert County
- Drought $3,512,919 indemnity · 8 years
- Heat $1,679,339 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $783,475 indemnity · 8 years
- Decline in Price $624,806 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $116,487 indemnity · 3 years
- All Other Causes $22,940 indemnity · 1 years
Corn 9 years filed
- 1.69Low end of the filed band
- 4.14Middle of the filed band
- 9.69High end of the filed band
- 2020Worst year filed (9.69)
- 9Years filed
- $1,758,547Premium filed
- $6,295,475Indemnity paid
- $24,588,306Liability insured
- 42,503Quantity planted
- 42,156Quantity lost
- 227Policies
- 227Policies with a loss
- 3.58Loss ratio, whole span
Causes that carried the indemnity in Colbert County
- Drought $4,152,014 indemnity · 7 years
- Heat $906,916 indemnity · 4 years
- Decline in Price $597,887 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $463,818 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $174,840 indemnity · 3 years
Cotton 9 years filed
- 0.97Low end of the filed band
- 3.20Middle of the filed band
- 5.28High end of the filed band
- 2015Worst year filed (5.28)
- 9Years filed
- $2,168,028Premium filed
- $5,453,089Indemnity paid
- $12,259,490Liability insured
- 14,928Quantity planted
- 29,148Quantity lost
- 117Policies
- 117Policies with a loss
- 2.52Loss ratio, whole span
Causes that carried the indemnity in Colbert County
- ARPI/SCO/STAX/MP Crops Only $2,217,026 indemnity · 6 years
- Drought $1,710,141 indemnity · 5 years
- Heat $713,199 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $583,018 indemnity · 7 years
- Decline in Price $159,504 indemnity · 2 years
- Freeze $69,989 indemnity · 1 years
Wheat 10 years filed
- 1.15Low end of the filed band
- 4.90Middle of the filed band
- 6.80High end of the filed band
- 2019Worst year filed (6.93)
- 10Years filed
- $670,436Premium filed
- $3,246,040Indemnity paid
- $6,244,203Liability insured
- 28,506Quantity planted
- 28,505Quantity lost
- 114Policies
- 114Policies with a loss
- 4.84Loss ratio, whole span
Causes that carried the indemnity in Colbert County
- Excess Moisture/Precipitation/Rain $1,641,586 indemnity · 10 years
- Drought $1,239,704 indemnity · 3 years
- Other (Snow, Lightning, Etc.) $152,281 indemnity · 1 years
- Decline in Price $79,944 indemnity · 3 years
- Heat $78,779 indemnity · 1 years
- Cold Wet Weather $26,735 indemnity · 3 years
Every county-crop the agency files in Alabama → Buy the Colbert County dossier →
Figures from the federal source files: EPA’s ECHO downloads, CMS provider files and the FMCSA census.
County cause-of-loss figures from the USDA Risk Management Agency’s Cause of Loss Summary of Business, county files, filed by the agency as a United States Government work. The loss ratio is the agency’s own published column: indemnity divided by premium, re-derived at the summed county-crop grain.