Crop-loss band · Florida
Okaloosa County, Florida — crop-loss band
- 1.10Low end of the filed band
- 1.96Middle of the filed band
- 3.12High end of the filed band
- 2020Worst year filed (3.12)
- 9Years filed
Every year the Risk Management Agency has filed for Okaloosa County is in the series below, from 2015 to 2023. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.10 at the low end to 3.12 at the high end, with 1.96 in the middle. The worst year filed is 2020, at 3.12. 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 | $101,275 | $239,495 | $700,103 | 15 | 15 | 2.36 |
| 2016 | $75,237 | $117,428 | $373,895 | 6 | 6 | 1.56 |
| 2017 | $142,188 | $207,542 | $734,925 | 8 | 8 | 1.46 |
| 2018 | $387,359 | $1,067,094 | $2,081,168 | 19 | 19 | 2.75 |
| 2019 | $86,045 | $175,982 | $420,017 | 15 | 15 | 2.05 |
| 2020 | $425,682 | $1,329,352 | $2,100,318 | 37 | 37 | 3.12 |
| 2021 | $171,781 | $255,960 | $1,177,427 | 4 | 4 | 1.49 |
| 2022 | $315,733 | $347,646 | $1,942,436 | 10 | 10 | 1.10 |
| 2023 | $252,744 | $496,439 | $1,533,213 | 13 | 13 | 1.96 |
Commodities insured in Okaloosa County
2 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.
Cotton 9 years filed
- 1.05Low end of the filed band
- 1.36Middle of the filed band
- 3.00High end of the filed band
- 2020Worst year filed (3.00)
- 9Years filed
- $1,616,383Premium filed
- $3,288,315Indemnity paid
- $9,007,596Liability insured
- 13,441Quantity planted
- 16,980Quantity lost
- 62Policies
- 62Policies with a loss
- 2.03Loss ratio, whole span
Causes that carried the indemnity in Okaloosa County
- Hurricane/Tropical Depression $1,756,436 indemnity · 2 years
- Drought $554,138 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $553,737 indemnity · 5 years
- Decline in Price $219,548 indemnity · 3 years
- ARPI/SCO/STAX/MP Crops Only $170,016 indemnity · 2 years
- Heat $23,260 indemnity · 2 years
Peanuts 9 years filed
- 2.01Low end of the filed band
- 2.38Middle of the filed band
- 3.99High end of the filed band
- 2019Worst year filed (3.99)
- 9Years filed
- $341,661Premium filed
- $948,623Indemnity paid
- $2,055,906Liability insured
- 2,834Quantity planted
- 4,659Quantity lost
- 65Policies
- 65Policies with a loss
- 2.78Loss ratio, whole span
Causes that carried the indemnity in Okaloosa County
- Drought $303,110 indemnity · 5 years
- Hurricane/Tropical Depression $244,470 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $242,077 indemnity · 7 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $102,214 indemnity · 1 years
- Decline in Price $29,738 indemnity · 1 years
- Heat $19,485 indemnity · 1 years
Every county-crop the agency files in Florida → Buy the Okaloosa 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.