Follow this countyUnsubscribe any time.
Crop-loss band · Alabama
Geneva County, Alabama — crop-loss band
- 1.93Low end of the band
- 2.17Middle of the band
- 2.77High end of the band
- 2018Worst year (2.78)
- 10Years filed
What stands out
- Between its 2023 and 2024 filings its loss ratio fell from 2.20 to 2.02 and its premium rose from $4,934,979 to $5,262,061.
- Its middle loss ratio of 2.17 ranks 17th highest of the 35 counties in Alabama with a filed crop-loss record.
- It insures 5 commodities, against a range of 2 to 6 across Alabama’s 35 county records.
- Across its 10 filed years it paid $68,310,219 of indemnity on $30,953,634 of premium, a loss ratio of 2.21.
- Every one of its 10 filed years ran a loss ratio above 1.0; its lowest was 1.93 in 2022 and its highest 2.78 in 2018.
Every line is computed by formula from this county’s own filed figures; nothing is estimated.
Geneva County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $2,229,021 | $6,168,391 | $9,526,128 | 484 | 479 | 2.77 |
| 2016 | $1,243,719 | $2,813,243 | $4,620,395 | 250 | 248 | 2.26 |
| 2017 | $1,885,625 | $4,084,352 | $7,506,521 | 278 | 278 | 2.17 |
| 2018 | $3,010,628 | $8,377,824 | $11,532,974 | 434 | 434 | 2.78 |
| 2019 | $2,550,467 | $5,666,366 | $9,099,087 | 420 | 418 | 2.22 |
| 2020 | $3,057,540 | $6,085,097 | $10,813,494 | 326 | 323 | 1.99 |
| 2021 | $2,816,356 | $5,995,910 | $10,475,191 | 320 | 320 | 2.13 |
| 2022 | $3,963,238 | $7,654,512 | $14,063,103 | 485 | 485 | 1.93 |
| 2023 | $4,934,979 | $10,835,653 | $19,854,641 | 468 | 468 | 2.20 |
| 2024 | $5,262,061 | $10,628,871 | $20,371,566 | 590 | 590 | 2.02 |
5 commodities insured in Geneva County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Cotton | 10 | 1.69 | 1.91 | 2.23 | 2018 (2.83) | 2.02 |
| Peanuts | 10 | 2.20 | 2.47 | 2.92 | 2015 (3.31) | 2.54 |
| Corn | 10 | 1.77 | 2.24 | 2.93 | 2017 (3.29) | 2.29 |
| Soybeans | 10 | 0.95 | 1.90 | 2.60 | 2019 (3.66) | 2.09 |
| Pasture,Rangeland,Forage | 10 | 0.80 | 1.48 | 2.61 | 2016 (2.74) | 1.54 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Cotton | $15,949,769 | $32,163,759 | $52,701,584 | 107,140 | 116,285 | 1,339 | 1,339 |
| Peanuts | $9,946,521 | $25,265,978 | $45,580,009 | 81,703 | 82,817 | 1,441 | 1,429 |
| Corn | $3,627,725 | $8,294,539 | $12,617,974 | 27,789 | 27,825 | 380 | 380 |
| Soybeans | $694,692 | $1,452,264 | $2,290,169 | 10,115 | 10,517 | 196 | 196 |
| Pasture,Rangeland,Forage | $734,927 | $1,133,679 | $4,673,363 | 23,086 | 0 | 699 | 699 |
Causes that carried Geneva County’s indemnity
Cotton
- Hurricane/Tropical Depression $10,254,662 indemnity · 5 years
- Drought $8,399,052 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $6,701,332 indemnity · 9 years
- Heat $2,917,813 indemnity · 5 years
- Wind/Excess Wind $1,208,936 indemnity · 4 years
- ARPI/SCO/STAX/MP Crops Only $1,026,358 indemnity · 4 years
Peanuts
- Drought $9,658,366 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $7,504,388 indemnity · 10 years
- Heat $3,334,773 indemnity · 9 years
- Hurricane/Tropical Depression $2,876,903 indemnity · 4 years
- Tropical Storm $1,128,401 indemnity · 1 years
- Wind/Excess Wind $278,631 indemnity · 3 years
Corn
- Drought $4,447,544 indemnity · 9 years
- Heat $1,442,258 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $1,356,884 indemnity · 8 years
- Hurricane/Tropical Depression $430,909 indemnity · 4 years
- Tropical Storm $252,146 indemnity · 1 years
- Decline in Price $190,045 indemnity · 6 years
Soybeans
- Drought $670,568 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $481,886 indemnity · 9 years
- Hurricane/Tropical Depression $196,047 indemnity · 4 years
- Tropical Storm $55,119 indemnity · 1 years
- Heat $45,446 indemnity · 4 years
- Decline in Price $3,038 indemnity · 3 years
Pasture,Rangeland,Forage
- ARPI/SCO/STAX Crops Only $1,133,679 indemnity · 10 years
All county-crop bands in Alabama →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.