Follow this countyUnsubscribe any time.
Crop-loss band · Florida
Palm Beach County, Florida — crop-loss band
- 1.96Low end of the band
- 3.22Middle of the band
- 6.11High end of the band
- 2017Worst year (6.20)
- 10Years filed
Palm Beach County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $86,032 | $292,529 | $640,361 | 11 | 11 | 3.40 |
| 2016 | $132,274 | $511,495 | $1,355,519 | 27 | 27 | 3.87 |
| 2017 | $86,771 | $537,926 | $837,608 | 17 | 17 | 6.20 |
| 2018 | $163,742 | $999,639 | $1,460,172 | 46 | 46 | 6.11 |
| 2019 | $93,301 | $183,091 | $635,398 | 27 | 27 | 1.96 |
| 2020 | $100,763 | $210,012 | $611,091 | 30 | 30 | 2.08 |
| 2021 | $217,980 | $704,881 | $2,084,918 | 42 | 42 | 3.23 |
| 2022 | $148,210 | $442,393 | $1,005,530 | 29 | 29 | 2.98 |
| 2023 | $728,937 | $2,343,895 | $4,798,595 | 32 | 32 | 3.22 |
| 2024 | $205,604 | $590,687 | $1,347,713 | 35 | 35 | 2.87 |
3 commodities insured in Palm Beach County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Fresh Market Sweet Corn | 10 | 4.73 | 8.04 | 22.12 | 2024 (32.81) | 10.61 |
| All Other Crops | 9 | 1.04 | 1.54 | 3.13 | 2023 (3.13) | 2.71 |
| Apiculture | 9 | 1.01 | 1.45 | 2.50 | 2021 (2.50) | 1.73 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Fresh Market Sweet Corn | $286,359 | $3,037,928 | $5,133,378 | 4,698 | 4,108 | 46 | 46 |
| All Other Crops | $897,786 | $2,430,981 | $5,379,956 | 7,142 | 0 | 31 | 31 |
| Apiculture | $779,469 | $1,347,639 | $4,263,571 | 28,831 | 0 | 219 | 219 |
Causes that carried Palm Beach County’s indemnity
Fresh Market Sweet Corn
- Excess Moisture/Precipitation/Rain $2,119,773 indemnity · 8 years
- Hail $198,415 indemnity · 1 years
- Insects $182,841 indemnity · 2 years
- Frost $165,822 indemnity · 2 years
- Hurricane/Tropical Depression $120,098 indemnity · 1 years
- Wind/Excess Wind $107,068 indemnity · 1 years
All Other Crops
- ARPI/SCO/STAX Crops Only $1,654,642 indemnity · 9 years
- Hurricane/Tropical Depression $776,339 indemnity · 1 years
Apiculture
- ARPI/SCO/STAX/MP Crops Only $1,347,639 indemnity · 9 years
All county-crop bands in Florida →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.