Crop-loss band · Alabama
Madison County, Alabama — crop-loss band
- 1.02Low end of the filed band
- 2.00Middle of the filed band
- 3.14High end of the filed band
- 2019Worst year filed (4.94)
- 10Years filed
Every year the Risk Management Agency has filed for Madison 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 1.02 at the low end to 3.14 at the high end, with 2.00 in the middle. The worst year filed is 2019, at 4.94. 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 | $109,060 | $171,822 | $719,442 | 37 | 36 | 1.58 |
| 2016 | $1,054,128 | $2,028,774 | $8,153,120 | 125 | 124 | 1.92 |
| 2017 | $942,444 | $963,338 | $4,009,500 | 117 | 117 | 1.02 |
| 2018 | $223,400 | $530,008 | $2,119,599 | 44 | 44 | 2.37 |
| 2019 | $444,992 | $2,199,601 | $4,766,540 | 210 | 209 | 4.94 |
| 2020 | $386,308 | $803,728 | $3,993,619 | 113 | 113 | 2.08 |
| 2021 | $142,193 | $284,814 | $1,459,614 | 44 | 44 | 2.00 |
| 2022 | $1,283,674 | $3,059,779 | $13,485,025 | 144 | 144 | 2.38 |
| 2023 | $192,199 | $351,406 | $1,709,224 | 42 | 42 | 1.83 |
| 2024 | $3,323,421 | $10,445,547 | $35,561,784 | 507 | 507 | 3.14 |
Commodities insured in Madison 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.
Corn 10 years filed
- 0.09Low end of the filed band
- 2.02Middle of the filed band
- 3.93High end of the filed band
- 2023Worst year filed (5.91)
- 10Years filed
- $2,505,141Premium filed
- $6,150,971Indemnity paid
- $23,521,090Liability insured
- 45,348Quantity planted
- 44,242Quantity lost
- 331Policies
- 331Policies with a loss
- 2.46Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Drought $4,470,144 indemnity · 6 years
- Heat $620,645 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $512,938 indemnity · 6 years
- Decline in Price $403,756 indemnity · 5 years
- Hail $81,884 indemnity · 1 years
- Flood $28,305 indemnity · 2 years
Soybeans 10 years filed
- 0.85Low end of the filed band
- 1.74Middle of the filed band
- 2.88High end of the filed band
- 2019Worst year filed (3.03)
- 10Years filed
- $2,519,704Premium filed
- $5,802,205Indemnity paid
- $23,498,309Liability insured
- 69,913Quantity planted
- 66,029Quantity lost
- 537Policies
- 534Policies with a loss
- 2.30Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Drought $3,916,734 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $672,879 indemnity · 9 years
- Heat $658,213 indemnity · 6 years
- Decline in Price $320,239 indemnity · 6 years
- Wildlife $152,151 indemnity · 9 years
- Hot Wind $58,289 indemnity · 2 years
Cotton 10 years filed
- 0.47Low end of the filed band
- 2.12Middle of the filed band
- 2.94High end of the filed band
- 2019Worst year filed (4.31)
- 10Years filed
- $2,394,170Premium filed
- $4,588,612Indemnity paid
- $21,977,410Liability insured
- 28,306Quantity planted
- 38,867Quantity lost
- 273Policies
- 273Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Drought $2,179,637 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $654,009 indemnity · 3 years
- Decline in Price $493,218 indemnity · 4 years
- Heat $430,689 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $417,380 indemnity · 5 years
- Freeze $270,898 indemnity · 3 years
Wheat 10 years filed
- 0.71Low end of the filed band
- 5.35Middle of the filed band
- 8.85High end of the filed band
- 2020Worst year filed (11.17)
- 10Years filed
- $682,804Premium filed
- $4,297,029Indemnity paid
- $6,980,658Liability insured
- 33,401Quantity planted
- 33,403Quantity lost
- 242Policies
- 242Policies with a loss
- 6.29Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Drought $2,166,170 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $1,962,720 indemnity · 9 years
- Decline in Price $95,833 indemnity · 3 years
- Wind/Excess Wind $37,870 indemnity · 1 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $30,957 indemnity · 1 years
- Hail $3,479 indemnity · 1 years
Every county-crop the agency files in Alabama → Buy the Madison 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.