Crop-loss band · Florida
Polk County, Florida — crop-loss band
- 1.24Low end of the filed band
- 2.82Middle of the filed band
- 4.71High end of the filed band
- 2023Worst year filed (5.49)
- 10Years filed
Every year the Risk Management Agency has filed for Polk County is in the series below, from 2017 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.24 at the low end to 4.71 at the high end, with 2.82 in the middle. The worst year filed is 2023, at 5.49. 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 | $595,001 | $739,655 | $3,328,371 | 134 | 134 | 1.24 |
| 2016 | $1,460,991 | $4,388,666 | $13,275,450 | 163 | 163 | 3.00 |
| 2017 | $2,135,378 | $6,012,544 | $17,488,605 | 260 | 260 | 2.82 |
| 2018 | $2,835,000 | $13,365,426 | $50,922,714 | 606 | 602 | 4.71 |
| 2019 | $1,083,058 | $2,299,048 | $8,367,089 | 231 | 231 | 2.12 |
| 2020 | $1,837,946 | $5,145,522 | $12,413,945 | 301 | 301 | 2.80 |
| 2021 | $3,746,703 | $6,351,718 | $20,695,162 | 548 | 548 | 1.70 |
| 2022 | $5,468,260 | $20,274,750 | $65,942,968 | 785 | 785 | 3.71 |
| 2023 | $9,299,307 | $51,032,002 | $116,348,792 | 1,308 | 1,304 | 5.49 |
| 2024 | $7,203,414 | $28,555,011 | $71,353,233 | 1,172 | 1,171 | 3.96 |
Commodities insured in Polk 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.
Oranges 5 years filed
- 2.70Low end of the filed band
- 9.15Middle of the filed band
- 9.92High end of the filed band
- 2018Worst year filed (9.92)
- 5Years filed
- $7,144,714Premium filed
- $63,496,845Indemnity paid
- $137,800,591Liability insured
- 82,097Quantity planted
- 82,107Quantity lost
- 1,194Policies
- 1,194Policies with a loss
- 8.89Loss ratio, whole span
Causes that carried the indemnity in Polk County
- Hurricane/Tropical Depression $29,755,349 indemnity · 3 years
- Freeze $17,113,337 indemnity · 3 years
- Drought $5,068,271 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $2,826,349 indemnity · 1 years
- Wind/Excess Wind $2,805,708 indemnity · 4 years
- Heat $1,973,975 indemnity · 2 years
Pasture,Rangeland,Forage 10 years filed
- 0.94Low end of the filed band
- 1.57Middle of the filed band
- 2.46High end of the filed band
- 2017Worst year filed (2.69)
- 10Years filed
- $18,327,683Premium filed
- $33,785,352Indemnity paid
- $90,153,739Liability insured
- 674,800Quantity planted
- 0Quantity lost
- 2,803Policies
- 2,803Policies with a loss
- 1.84Loss ratio, whole span
Causes that carried the indemnity in Polk County
- ARPI/SCO/STAX Crops Only $33,785,352 indemnity · 10 years
Whole Farm Revenue Protection 10 years filed
- 2.81Low end of the filed band
- 3.45Middle of the filed band
- 6.58High end of the filed band
- 2021Worst year filed (7.07)
- 10Years filed
- $4,067,257Premium filed
- $17,490,012Indemnity paid
- $62,417,193Liability insured
- 0Quantity planted
- 0Quantity lost
- 136Policies
- 136Policies with a loss
- 4.30Loss ratio, whole span
Causes that carried the indemnity in Polk County
- Drought $3,615,479 indemnity · 8 years
- Decline in Price $3,517,497 indemnity · 6 years
- Wind/Excess Wind $3,377,386 indemnity · 6 years
- Hurricane/Tropical Depression $2,445,249 indemnity · 6 years
- Hurricane $2,106,631 indemnity · 1 years
- Hail $698,778 indemnity · 3 years
Orange Trees 6 years filed
- 3.10Low end of the filed band
- 5.73Middle of the filed band
- 12.46High end of the filed band
- 2020Worst year filed (12.46)
- 6Years filed
- $1,346,026Premium filed
- $8,440,187Indemnity paid
- $54,338,060Liability insured
- 1,243,322Quantity planted
- 853,642Quantity lost
- 214Policies
- 205Policies with a loss
- 6.27Loss ratio, whole span
Causes that carried the indemnity in Polk County
- Wind/Excess Wind $4,614,540 indemnity · 3 years
- Freeze $2,128,090 indemnity · 2 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $931,349 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $766,209 indemnity · 4 years
Blueberries 10 years filed
- 2.51Low end of the filed band
- 4.80Middle of the filed band
- 11.16High end of the filed band
- 2018Worst year filed (14.52)
- 10Years filed
- $1,434,722Premium filed
- $6,206,986Indemnity paid
- $15,268,044Liability insured
- 1,695Quantity planted
- 1,696Quantity lost
- 87Policies
- 87Policies with a loss
- 4.33Loss ratio, whole span
Causes that carried the indemnity in Polk County
- Freeze $2,786,119 indemnity · 6 years
- Hurricane $957,458 indemnity · 1 years
- Wind/Excess Wind $686,099 indemnity · 4 years
- Hurricane/Tropical Depression $621,352 indemnity · 3 years
- Insufficient Chilling Hours $576,321 indemnity · 4 years
- Hail $192,983 indemnity · 3 years
Apiculture 10 years filed
- 1.04Low end of the filed band
- 1.87Middle of the filed band
- 2.56High end of the filed band
- 2017Worst year filed (2.65)
- 10Years filed
- $3,089,163Premium filed
- $5,407,727Indemnity paid
- $15,272,250Liability insured
- 104,709Quantity planted
- 0Quantity lost
- 959Policies
- 959Policies with a loss
- 1.75Loss ratio, whole span
Causes that carried the indemnity in Polk County
- ARPI/SCO/STAX Crops Only $5,407,727 indemnity · 10 years
Mandarins/Tangerines 5 years filed
- 10.06Low end of the filed band
- 12.48Middle of the filed band
- 16.84High end of the filed band
- 2018Worst year filed (16.84)
- 5Years filed
- $255,493Premium filed
- $3,337,233Indemnity paid
- $4,886,452Liability insured
- 2,071Quantity planted
- 2,071Quantity lost
- 115Policies
- 115Policies with a loss
- 13.06Loss ratio, whole span
Causes that carried the indemnity in Polk County
- Hurricane/Tropical Depression $1,776,177 indemnity · 3 years
- Freeze $685,149 indemnity · 3 years
- Hail $325,682 indemnity · 2 years
- Wind/Excess Wind $301,095 indemnity · 3 years
- Drought $114,144 indemnity · 2 years
- Heat $95,015 indemnity · 1 years
Every county-crop the agency files in Florida → Buy the Polk 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.