Crop-loss band · Colorado
Morgan County, Colorado — crop-loss band
- 1.26Low end of the filed band
- 2.82Middle of the filed band
- 3.55High end of the filed band
- 2018Worst year filed (4.40)
- 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 1.26 at the low end to 3.55 at the high end, with 2.82 in the middle. The worst year filed is 2018, at 4.40. 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 | $1,427,623 | $4,293,956 | $9,859,823 | 295 | 294 | 3.01 |
| 2016 | $446,119 | $1,059,621 | $2,674,713 | 117 | 117 | 2.38 |
| 2017 | $429,843 | $902,574 | $2,592,930 | 148 | 148 | 2.10 |
| 2018 | $2,140,398 | $9,407,360 | $16,943,465 | 441 | 439 | 4.40 |
| 2019 | $586,683 | $738,591 | $3,441,798 | 171 | 171 | 1.26 |
| 2020 | $1,906,707 | $4,404,016 | $11,884,522 | 428 | 428 | 2.31 |
| 2021 | $1,357,673 | $3,828,425 | $6,867,036 | 287 | 287 | 2.82 |
| 2022 | $4,685,869 | $16,612,132 | $25,801,128 | 632 | 632 | 3.55 |
| 2023 | $2,361,139 | $8,203,749 | $14,224,908 | 286 | 286 | 3.47 |
| 2024 | $2,964,824 | $9,102,401 | $19,173,372 | 431 | 431 | 3.07 |
Commodities insured in Morgan County
7 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
- 1.28Low end of the filed band
- 3.14Middle of the filed band
- 4.52High end of the filed band
- 2018Worst year filed (5.73)
- 10Years filed
- $8,639,150Premium filed
- $32,202,589Indemnity paid
- $63,903,936Liability insured
- 135,606Quantity planted
- 135,431Quantity lost
- 1,137Policies
- 1,137Policies with a loss
- 3.73Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Hail $15,504,399 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $6,486,811 indemnity · 7 years
- Failure of Irrigation Supply $4,451,482 indemnity · 3 years
- Drought $2,457,129 indemnity · 8 years
- Heat $1,122,290 indemnity · 8 years
- Hot Wind $707,355 indemnity · 7 years
Wheat 10 years filed
- 1.18Low end of the filed band
- 2.25Middle of the filed band
- 3.52High end of the filed band
- 2022Worst year filed (4.54)
- 10Years filed
- $5,339,422Premium filed
- $15,916,699Indemnity paid
- $30,723,223Liability insured
- 153,694Quantity planted
- 153,857Quantity lost
- 1,305Policies
- 1,302Policies with a loss
- 2.98Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Drought $5,568,751 indemnity · 8 years
- Wind/Excess Wind $4,519,520 indemnity · 8 years
- Hail $3,355,513 indemnity · 10 years
- Freeze $695,300 indemnity · 8 years
- Heat $350,161 indemnity · 5 years
- ARPI/SCO/STAX Crops Only $301,474 indemnity · 6 years
Onions 6 years filed
- 1.88Low end of the filed band
- 3.14Middle of the filed band
- 3.87High end of the filed band
- 2023Worst year filed (3.87)
- 6Years filed
- $1,330,320Premium filed
- $3,917,747Indemnity paid
- $5,734,434Liability insured
- 2,032Quantity planted
- 2,032Quantity lost
- 13Policies
- 13Policies with a loss
- 2.95Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Hail $2,839,519 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $946,286 indemnity · 2 years
- Wind/Excess Wind $131,943 indemnity · 1 years
Millet 10 years filed
- 1.37Low end of the filed band
- 1.93Middle of the filed band
- 2.94High end of the filed band
- 2020Worst year filed (3.53)
- 10Years filed
- $1,288,325Premium filed
- $3,243,360Indemnity paid
- $5,433,384Liability insured
- 45,407Quantity planted
- 45,408Quantity lost
- 294Policies
- 294Policies with a loss
- 2.52Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Drought $2,695,784 indemnity · 10 years
- Hail $205,447 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $131,965 indemnity · 2 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $86,311 indemnity · 3 years
- Heat $48,602 indemnity · 2 years
- Wind/Excess Wind $44,610 indemnity · 3 years
Pasture,Rangeland,Forage 10 years filed
- 1.14Low end of the filed band
- 1.57Middle of the filed band
- 2.31High end of the filed band
- 2021Worst year filed (2.66)
- 10Years filed
- $1,032,974Premium filed
- $1,841,015Indemnity paid
- $5,454,413Liability insured
- 293,645Quantity planted
- 0Quantity lost
- 347Policies
- 347Policies with a loss
- 1.78Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- ARPI/SCO/STAX Crops Only $1,841,015 indemnity · 10 years
Grain Sorghum 10 years filed
- 0.90Low end of the filed band
- 1.49Middle of the filed band
- 2.27High end of the filed band
- 2022Worst year filed (2.80)
- 10Years filed
- $412,306Premium filed
- $732,817Indemnity paid
- $1,313,217Liability insured
- 12,692Quantity planted
- 12,692Quantity lost
- 105Policies
- 105Policies with a loss
- 1.78Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Drought $588,331 indemnity · 8 years
- Hail $80,327 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $31,466 indemnity · 2 years
- Wind/Excess Wind $19,953 indemnity · 2 years
- Hot Wind $8,766 indemnity · 3 years
- Decline in Price $2,793 indemnity · 1 years
Sunflowers 9 years filed
- 1.33Low end of the filed band
- 2.93Middle of the filed band
- 4.17High end of the filed band
- 2016Worst year filed (4.17)
- 9Years filed
- $264,381Premium filed
- $698,598Indemnity paid
- $901,088Liability insured
- 4,870Quantity planted
- 4,970Quantity lost
- 35Policies
- 35Policies with a loss
- 2.64Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Drought $453,179 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $131,913 indemnity · 3 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $55,784 indemnity · 2 years
- Hail $32,962 indemnity · 1 years
- Heat $24,760 indemnity · 1 years
Every county-crop the agency files in Colorado → 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.