Crop-loss band · Iowa
Cerro Gordo County, Iowa — crop-loss band
- 1.03Low end of the filed band
- 1.79Middle of the filed band
- 2.29High end of the filed band
- 2018Worst year filed (2.49)
- 10Years filed
Every year the Risk Management Agency has filed for Cerro Gordo 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 1.03 at the low end to 2.29 at the high end, with 1.79 in the middle. The worst year filed is 2018, at 2.49. 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 | $213,988 | $415,090 | $2,928,556 | 56 | 56 | 1.94 |
| 2016 | $277,952 | $552,021 | $4,561,207 | 80 | 80 | 1.99 |
| 2017 | $1,262,729 | $1,298,096 | $19,182,665 | 288 | 288 | 1.03 |
| 2018 | $3,338,212 | $8,321,225 | $53,875,146 | 797 | 797 | 2.49 |
| 2019 | $1,008,693 | $2,309,422 | $14,863,440 | 252 | 252 | 2.29 |
| 2020 | $515,595 | $924,185 | $7,173,503 | 137 | 137 | 1.79 |
| 2021 | $1,235,101 | $1,482,936 | $16,077,083 | 203 | 203 | 1.20 |
| 2022 | $212,110 | $425,634 | $2,884,195 | 45 | 45 | 2.01 |
| 2023 | $5,323,594 | $8,744,721 | $76,548,271 | 598 | 598 | 1.64 |
| 2024 | $4,587,621 | $6,431,879 | $58,786,562 | 668 | 668 | 1.40 |
Commodities insured in Cerro Gordo 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.
Corn 10 years filed
- 0.93Low end of the filed band
- 1.85Middle of the filed band
- 2.90High end of the filed band
- 2022Worst year filed (3.15)
- 10Years filed
- $11,539,062Premium filed
- $19,995,693Indemnity paid
- $168,493,894Liability insured
- 215,634Quantity planted
- 192,793Quantity lost
- 1,625Policies
- 1,625Policies with a loss
- 1.73Loss ratio, whole span
Causes that carried the indemnity in Cerro Gordo County
- Excess Moisture/Precipitation/Rain $7,721,418 indemnity · 10 years
- Drought $6,674,674 indemnity · 8 years
- Decline in Price $2,937,041 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $1,343,240 indemnity · 3 years
- Hail $539,246 indemnity · 6 years
- Wind/Excess Wind $322,934 indemnity · 5 years
Soybeans 10 years filed
- 0.72Low end of the filed band
- 1.83Middle of the filed band
- 2.27High end of the filed band
- 2015Worst year filed (2.33)
- 10Years filed
- $6,436,533Premium filed
- $10,909,516Indemnity paid
- $88,386,734Liability insured
- 165,792Quantity planted
- 148,477Quantity lost
- 1,499Policies
- 1,499Policies with a loss
- 1.69Loss ratio, whole span
Causes that carried the indemnity in Cerro Gordo County
- Excess Moisture/Precipitation/Rain $4,107,608 indemnity · 10 years
- Drought $2,993,346 indemnity · 7 years
- Decline in Price $1,696,283 indemnity · 8 years
- Hail $836,164 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $651,766 indemnity · 3 years
- Cold Wet Weather $221,053 indemnity · 8 years
Every county-crop the agency files in Iowa → Buy the Cerro Gordo 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.