Crop-loss band · Colorado
Elbert County, Colorado — crop-loss band
- 1.20Low end of the filed band
- 2.10Middle of the filed band
- 2.28High end of the filed band
- 2021Worst year filed (2.65)
- 10Years filed
Every year the Risk Management Agency has filed for Elbert 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 1.20 at the low end to 2.28 at the high end, with 2.10 in the middle. The worst year filed is 2021, at 2.65. 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 | $295,393 | $355,083 | $972,984 | 78 | 78 | 1.20 |
| 2016 | $252,633 | $575,324 | $1,241,515 | 69 | 69 | 2.28 |
| 2017 | $810,514 | $1,701,856 | $2,883,601 | 195 | 195 | 2.10 |
| 2018 | $902,669 | $1,749,821 | $3,760,002 | 230 | 230 | 1.94 |
| 2019 | $326,635 | $588,493 | $1,378,846 | 83 | 83 | 1.80 |
| 2020 | $731,877 | $1,567,265 | $3,263,108 | 179 | 179 | 2.14 |
| 2021 | $641,767 | $1,697,655 | $2,693,301 | 119 | 119 | 2.65 |
| 2022 | $1,565,742 | $3,417,084 | $6,632,867 | 235 | 235 | 2.18 |
| 2023 | $1,195,790 | $2,639,765 | $4,565,336 | 135 | 135 | 2.21 |
| 2024 | $756,767 | $1,156,969 | $3,342,199 | 105 | 105 | 1.53 |
Commodities insured in Elbert County
5 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.
Wheat 10 years filed
- 1.16Low end of the filed band
- 1.96Middle of the filed band
- 2.66High end of the filed band
- 2023Worst year filed (2.98)
- 10Years filed
- $3,417,978Premium filed
- $7,372,710Indemnity paid
- $12,878,157Liability insured
- 99,296Quantity planted
- 99,305Quantity lost
- 562Policies
- 562Policies with a loss
- 2.16Loss ratio, whole span
Causes that carried the indemnity in Elbert County
- Drought $3,941,891 indemnity · 10 years
- Hail $1,723,907 indemnity · 9 years
- Wind/Excess Wind $846,849 indemnity · 7 years
- Freeze $309,968 indemnity · 5 years
- Cold Winter $295,416 indemnity · 3 years
- Decline in Price $66,307 indemnity · 7 years
Pasture,Rangeland,Forage 10 years filed
- 0.42Low end of the filed band
- 1.57Middle of the filed band
- 2.75High end of the filed band
- 2016Worst year filed (2.82)
- 10Years filed
- $1,971,685Premium filed
- $3,532,602Indemnity paid
- $10,341,926Liability insured
- 557,564Quantity planted
- 0Quantity lost
- 533Policies
- 533Policies with a loss
- 1.79Loss ratio, whole span
Causes that carried the indemnity in Elbert County
- ARPI/SCO/STAX Crops Only $3,532,602 indemnity · 10 years
Corn 10 years filed
- 1.32Low end of the filed band
- 1.77Middle of the filed band
- 3.07High end of the filed band
- 2020Worst year filed (3.19)
- 10Years filed
- $1,153,205Premium filed
- $2,757,748Indemnity paid
- $4,156,618Liability insured
- 33,805Quantity planted
- 33,805Quantity lost
- 157Policies
- 157Policies with a loss
- 2.39Loss ratio, whole span
Causes that carried the indemnity in Elbert County
- Drought $1,569,558 indemnity · 9 years
- Hail $555,999 indemnity · 8 years
- Heat $216,930 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $215,501 indemnity · 2 years
- Hot Wind $84,397 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $70,210 indemnity · 3 years
Millet 10 years filed
- 0.97Low end of the filed band
- 2.05Middle of the filed band
- 2.56High end of the filed band
- 2020Worst year filed (2.58)
- 10Years filed
- $562,556Premium filed
- $1,172,797Indemnity paid
- $2,459,147Liability insured
- 26,803Quantity planted
- 26,806Quantity lost
- 122Policies
- 122Policies with a loss
- 2.08Loss ratio, whole span
Causes that carried the indemnity in Elbert County
- Drought $838,776 indemnity · 9 years
- Hail $174,395 indemnity · 5 years
- Heat $104,469 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $46,907 indemnity · 2 years
- Wind/Excess Wind $5,379 indemnity · 1 years
- Cold Wet Weather $2,872 indemnity · 1 years
Sunflowers 9 years filed
- 0.02Low end of the filed band
- 1.38Middle of the filed band
- 2.26High end of the filed band
- 2020Worst year filed (2.26)
- 9Years filed
- $374,363Premium filed
- $613,458Indemnity paid
- $897,911Liability insured
- 9,835Quantity planted
- 9,835Quantity lost
- 54Policies
- 54Policies with a loss
- 1.64Loss ratio, whole span
Causes that carried the indemnity in Elbert County
- Hail $458,021 indemnity · 5 years
- Drought $131,971 indemnity · 9 years
- Other (Snow, Lightning, Etc.) $16,052 indemnity · 1 years
- Wildlife $5,054 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $2,164 indemnity · 1 years
- Decline in Price $197 indemnity · 1 years
Every county-crop the agency files in Colorado → Buy the Elbert 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.