Crop-loss band · Iowa
Clay County, Iowa — crop-loss band
- 1.01Low end of the filed band
- 2.12Middle of the filed band
- 3.67High end of the filed band
- 2019Worst year filed (4.93)
- 10Years filed
Every year the Risk Management Agency has filed for Clay 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 1.01 at the low end to 3.67 at the high end, with 2.12 in the middle. The worst year filed is 2019, at 4.93. 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 | $159,776 | $542,085 | $2,706,319 | 85 | 85 | 3.39 |
| 2016 | $956,586 | $969,609 | $21,780,223 | 358 | 356 | 1.01 |
| 2017 | $770,386 | $1,630,479 | $13,171,126 | 278 | 278 | 2.12 |
| 2018 | $3,398,231 | $12,473,126 | $69,043,955 | 1,210 | 1,207 | 3.67 |
| 2019 | $2,131,901 | $10,515,584 | $40,278,858 | 883 | 883 | 4.93 |
| 2020 | $1,800,570 | $5,110,123 | $31,954,154 | 503 | 503 | 2.84 |
| 2021 | $434,195 | $499,325 | $5,662,315 | 107 | 107 | 1.15 |
| 2022 | $1,857,617 | $3,484,008 | $23,855,855 | 331 | 331 | 1.88 |
| 2023 | $1,927,690 | $2,692,969 | $28,948,267 | 366 | 366 | 1.40 |
| 2024 | $6,890,586 | $19,670,706 | $108,178,241 | 1,655 | 1,655 | 2.85 |
Commodities insured in Clay 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
- 0.96Low end of the filed band
- 2.10Middle of the filed band
- 3.89High end of the filed band
- 2019Worst year filed (4.63)
- 10Years filed
- $12,586,013Premium filed
- $34,861,477Indemnity paid
- $215,591,863Liability insured
- 311,347Quantity planted
- 282,682Quantity lost
- 3,083Policies
- 3,081Policies with a loss
- 2.77Loss ratio, whole span
Causes that carried the indemnity in Clay County
- Excess Moisture/Precipitation/Rain $17,732,040 indemnity · 8 years
- Drought $7,448,502 indemnity · 9 years
- Hail $5,062,763 indemnity · 6 years
- Decline in Price $2,069,176 indemnity · 10 years
- Flood $917,190 indemnity · 5 years
- ARPI/SCO/STAX/MP Crops Only $882,345 indemnity · 5 years
Soybeans 10 years filed
- 1.06Low end of the filed band
- 2.36Middle of the filed band
- 3.60High end of the filed band
- 2019Worst year filed (5.75)
- 10Years filed
- $7,741,524Premium filed
- $22,726,537Indemnity paid
- $129,987,449Liability insured
- 250,438Quantity planted
- 247,181Quantity lost
- 2,693Policies
- 2,690Policies with a loss
- 2.94Loss ratio, whole span
Causes that carried the indemnity in Clay County
- Excess Moisture/Precipitation/Rain $10,735,287 indemnity · 9 years
- Drought $5,413,004 indemnity · 9 years
- Hail $3,645,200 indemnity · 9 years
- Decline in Price $1,695,546 indemnity · 8 years
- Flood $482,555 indemnity · 5 years
- ARPI/SCO/STAX/MP Crops Only $269,543 indemnity · 3 years
Every county-crop the agency files in Iowa → Buy the Clay 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.