Crop-loss band · Alabama
Morgan County, Alabama — crop-loss band
- 0.40Low end of the filed band
- 2.28Middle of the filed band
- 3.06High end of the filed band
- 2023Worst year filed (6.25)
- 10Years filed
Every year the Risk Management Agency has filed for Morgan 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 0.40 at the low end to 3.06 at the high end, with 2.28 in the middle. The worst year filed is 2023, at 6.25. 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 | $10,179 | $15,270 | $65,016 | 6 | 6 | 1.50 |
| 2016 | $80,159 | $186,483 | $714,259 | 21 | 21 | 2.33 |
| 2017 | $152,012 | $60,220 | $394,909 | 14 | 14 | 0.40 |
| 2018 | $91,342 | $134,191 | $851,710 | 17 | 17 | 1.47 |
| 2019 | $159,760 | $364,947 | $1,647,390 | 48 | 45 | 2.28 |
| 2020 | $31,033 | $87,340 | $379,389 | 12 | 12 | 2.81 |
| 2021 | $53,348 | $112,794 | $462,772 | 10 | 10 | 2.11 |
| 2022 | $402,631 | $1,055,850 | $3,731,076 | 41 | 41 | 2.62 |
| 2023 | $33,778 | $211,222 | $379,137 | 3 | 3 | 6.25 |
| 2024 | $696,768 | $2,135,103 | $6,389,746 | 107 | 107 | 3.06 |
Commodities insured in Morgan 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.
Soybeans 10 years filed
- 1.48Low end of the filed band
- 2.16Middle of the filed band
- 3.18High end of the filed band
- 2023Worst year filed (5.14)
- 10Years filed
- $745,845Premium filed
- $1,927,551Indemnity paid
- $6,417,998Liability insured
- 18,221Quantity planted
- 18,885Quantity lost
- 141Policies
- 141Policies with a loss
- 2.58Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Drought $1,256,817 indemnity · 8 years
- Heat $338,159 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $204,645 indemnity · 9 years
- Decline in Price $65,129 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $45,863 indemnity · 2 years
- Cold Wet Weather $6,388 indemnity · 1 years
Corn 10 years filed
- 1.10Low end of the filed band
- 2.60Middle of the filed band
- 6.86High end of the filed band
- 2020Worst year filed (10.54)
- 10Years filed
- $493,944Premium filed
- $1,692,814Indemnity paid
- $5,591,148Liability insured
- 10,939Quantity planted
- 10,939Quantity lost
- 93Policies
- 90Policies with a loss
- 3.43Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Drought $1,240,839 indemnity · 7 years
- Heat $217,612 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $133,944 indemnity · 6 years
- Decline in Price $47,591 indemnity · 4 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $43,269 indemnity · 2 years
- Hot Wind $9,560 indemnity · 1 years
Cotton 7 years filed
- 0.07Low end of the filed band
- 2.09Middle of the filed band
- 2.49High end of the filed band
- 2020Worst year filed (2.49)
- 7Years filed
- $471,221Premium filed
- $743,055Indemnity paid
- $3,006,258Liability insured
- 4,534Quantity planted
- 6,967Quantity lost
- 45Policies
- 45Policies with a loss
- 1.58Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Drought $359,286 indemnity · 5 years
- ARPI/SCO/STAX/MP Crops Only $177,926 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $156,608 indemnity · 3 years
- Decline in Price $49,235 indemnity · 3 years
Every county-crop the agency files in Alabama → Buy the Morgan 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.