Crop-loss band · Alabama
Franklin County, Alabama — crop-loss band
- 1.52Low end of the filed band
- 2.22Middle of the filed band
- 7.14High end of the filed band
- 2022Worst year filed (7.46)
- 10Years filed
Every year the Risk Management Agency has filed for Franklin 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 1.52 at the low end to 7.14 at the high end, with 2.22 in the middle. The worst year filed is 2022, at 7.46. 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 | $73,632 | $111,751 | $549,799 | 35 | 35 | 1.52 |
| 2016 | $127,826 | $283,647 | $873,735 | 44 | 44 | 2.22 |
| 2017 | $93,330 | $147,188 | $691,514 | 22 | 22 | 1.58 |
| 2018 | $103,502 | $218,593 | $807,080 | 36 | 36 | 2.11 |
| 2019 | $50,463 | $88,150 | $411,459 | 17 | 17 | 1.75 |
| 2020 | $21,462 | $52,680 | $280,296 | 15 | 15 | 2.45 |
| 2021 | $75,728 | $358,700 | $911,943 | 21 | 21 | 4.74 |
| 2022 | $165,851 | $1,237,674 | $1,860,383 | 26 | 26 | 7.46 |
| 2023 | $88,756 | $402,387 | $885,507 | 24 | 24 | 4.53 |
| 2024 | $230,612 | $1,647,396 | $2,738,307 | 57 | 57 | 7.14 |
Commodities insured in Franklin County
3 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.
Corn 9 years filed
- 0.78Low end of the filed band
- 3.89Middle of the filed band
- 10.06High end of the filed band
- 2022Worst year filed (10.06)
- 9Years filed
- $282,940Premium filed
- $2,175,909Indemnity paid
- $4,192,989Liability insured
- 10,282Quantity planted
- 9,995Quantity lost
- 82Policies
- 82Policies with a loss
- 7.69Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Drought $1,009,164 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $936,696 indemnity · 8 years
- Decline in Price $130,515 indemnity · 7 years
- Heat $81,330 indemnity · 3 years
- Plant Disease $8,544 indemnity · 1 years
- Hot Wind $5,696 indemnity · 1 years
Soybeans 10 years filed
- 0.42Low end of the filed band
- 1.81Middle of the filed band
- 5.58High end of the filed band
- 2024Worst year filed (5.90)
- 10Years filed
- $484,999Premium filed
- $1,964,303Indemnity paid
- $4,023,239Liability insured
- 12,551Quantity planted
- 11,390Quantity lost
- 116Policies
- 116Policies with a loss
- 4.05Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Drought $1,552,313 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $170,149 indemnity · 9 years
- Heat $94,957 indemnity · 3 years
- Decline in Price $85,118 indemnity · 7 years
- Wildlife $45,619 indemnity · 2 years
- Cold Wet Weather $8,350 indemnity · 2 years
Pasture,Rangeland,Forage 9 years filed
- 0.28Low end of the filed band
- 1.60Middle of the filed band
- 3.08High end of the filed band
- 2023Worst year filed (3.08)
- 9Years filed
- $263,223Premium filed
- $407,954Indemnity paid
- $1,793,795Liability insured
- 6,187Quantity planted
- 0Quantity lost
- 99Policies
- 99Policies with a loss
- 1.55Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- ARPI/SCO/STAX Crops Only $407,954 indemnity · 9 years
Every county-crop the agency files in Alabama → Buy the Franklin 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.