Crop-loss band · Alabama
Covington County, Alabama — crop-loss band
- 1.72Low end of the filed band
- 2.23Middle of the filed band
- 2.87High end of the filed band
- 2017Worst year filed (2.98)
- 10Years filed
Every year the Risk Management Agency has filed for Covington County is in the series below, from 2015 to 2023. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.72 at the low end to 2.87 at the high end, with 2.23 in the middle. The worst year filed is 2017, at 2.98. 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 | $1,175,863 | $2,622,824 | $5,181,154 | 204 | 204 | 2.23 |
| 2016 | $664,530 | $1,734,956 | $3,318,438 | 177 | 177 | 2.61 |
| 2017 | $694,581 | $2,073,088 | $3,597,346 | 118 | 118 | 2.98 |
| 2018 | $1,030,494 | $2,322,575 | $4,921,819 | 159 | 159 | 2.25 |
| 2019 | $1,557,336 | $3,202,696 | $7,566,687 | 356 | 355 | 2.06 |
| 2020 | $1,816,554 | $5,205,598 | $9,197,535 | 317 | 317 | 2.87 |
| 2021 | $747,801 | $1,287,609 | $3,444,266 | 242 | 242 | 1.72 |
| 2022 | $1,480,457 | $2,935,146 | $7,346,314 | 338 | 338 | 1.98 |
| 2023 | $1,704,914 | $3,970,355 | $8,492,287 | 304 | 304 | 2.33 |
| 2024 | $1,687,654 | $3,691,874 | $8,811,588 | 332 | 332 | 2.19 |
Commodities insured in Covington County
6 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.
Cotton 10 years filed
- 1.42Low end of the filed band
- 1.98Middle of the filed band
- 2.83High end of the filed band
- 2017Worst year filed (3.12)
- 10Years filed
- $6,711,283Premium filed
- $15,042,996Indemnity paid
- $33,557,492Liability insured
- 55,465Quantity planted
- 71,581Quantity lost
- 453Policies
- 453Policies with a loss
- 2.24Loss ratio, whole span
Causes that carried the indemnity in Covington County
- Drought $6,197,016 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $2,479,224 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $2,354,352 indemnity · 5 years
- Hurricane/Tropical Depression $2,155,048 indemnity · 3 years
- Heat $898,925 indemnity · 5 years
- Wildlife $417,066 indemnity · 7 years
Peanuts 10 years filed
- 1.81Low end of the filed band
- 2.55Middle of the filed band
- 3.17High end of the filed band
- 2020Worst year filed (3.66)
- 10Years filed
- $2,301,171Premium filed
- $5,996,194Indemnity paid
- $11,124,373Liability insured
- 18,810Quantity planted
- 23,921Quantity lost
- 367Policies
- 366Policies with a loss
- 2.61Loss ratio, whole span
Causes that carried the indemnity in Covington County
- Drought $2,811,871 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $1,398,360 indemnity · 9 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $636,720 indemnity · 1 years
- Heat $578,262 indemnity · 5 years
- Hurricane/Tropical Depression $301,361 indemnity · 3 years
- Wildlife $153,470 indemnity · 9 years
Corn 10 years filed
- 1.57Low end of the filed band
- 2.22Middle of the filed band
- 2.92High end of the filed band
- 2018Worst year filed (3.22)
- 10Years filed
- $1,743,759Premium filed
- $4,112,792Indemnity paid
- $6,064,373Liability insured
- 15,921Quantity planted
- 17,738Quantity lost
- 241Policies
- 241Policies with a loss
- 2.36Loss ratio, whole span
Causes that carried the indemnity in Covington County
- Drought $2,098,647 indemnity · 8 years
- Heat $524,940 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $507,510 indemnity · 7 years
- Hurricane/Tropical Depression $381,144 indemnity · 2 years
- Wildlife $191,156 indemnity · 4 years
- Wind/Excess Wind $144,111 indemnity · 2 years
Pasture,Rangeland,Forage 10 years filed
- 1.21Low end of the filed band
- 1.80Middle of the filed band
- 2.90High end of the filed band
- 2015Worst year filed (3.00)
- 10Years filed
- $1,093,665Premium filed
- $1,996,576Indemnity paid
- $7,871,323Liability insured
- 63,815Quantity planted
- 0Quantity lost
- 1,278Policies
- 1,278Policies with a loss
- 1.83Loss ratio, whole span
Causes that carried the indemnity in Covington County
- ARPI/SCO/STAX Crops Only $1,996,576 indemnity · 10 years
Soybeans 10 years filed
- 1.36Low end of the filed band
- 2.82Middle of the filed band
- 3.40High end of the filed band
- 2019Worst year filed (4.77)
- 10Years filed
- $454,021Premium filed
- $1,191,732Indemnity paid
- $2,313,121Liability insured
- 7,110Quantity planted
- 7,803Quantity lost
- 133Policies
- 133Policies with a loss
- 2.62Loss ratio, whole span
Causes that carried the indemnity in Covington County
- Drought $738,839 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $212,414 indemnity · 9 years
- Heat $77,644 indemnity · 5 years
- Wildlife $58,544 indemnity · 7 years
- All Other Causes $29,689 indemnity · 3 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $28,427 indemnity · 1 years
Pecans 8 years filed
- 1.74Low end of the filed band
- 2.76Middle of the filed band
- 4.03High end of the filed band
- 2020Worst year filed (4.03)
- 8Years filed
- $256,285Premium filed
- $706,431Indemnity paid
- $946,752Liability insured
- 6,010Quantity planted
- 3,760Quantity lost
- 75Policies
- 75Policies with a loss
- 2.76Loss ratio, whole span
Causes that carried the indemnity in Covington County
- Drought $314,674 indemnity · 4 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $155,873 indemnity · 1 years
- XX $68,590 indemnity · 2 years
- Hurricane/Tropical Depression $66,561 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $50,405 indemnity · 4 years
- Heat $50,328 indemnity · 2 years
Every county-crop the agency files in Alabama → Buy the Covington 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.