Crop-loss band · Iowa
Hancock County, Iowa — crop-loss band
- 0.78Low end of the filed band
- 1.93Middle of the filed band
- 3.11High end of the filed band
- 2017Worst year filed (4.62)
- 10Years filed
Every year the Risk Management Agency has filed for Hancock 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 0.78 at the low end to 3.11 at the high end, with 1.93 in the middle. The worst year filed is 2017, at 4.62. 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 | $100,727 | $294,830 | $1,869,155 | 40 | 40 | 2.93 |
| 2016 | $148,024 | $460,249 | $3,351,886 | 45 | 45 | 3.11 |
| 2017 | $1,174,831 | $5,429,090 | $22,963,016 | 289 | 289 | 4.62 |
| 2018 | $3,072,923 | $8,368,027 | $66,608,114 | 737 | 737 | 2.72 |
| 2019 | $1,060,623 | $1,827,184 | $22,431,653 | 248 | 248 | 1.72 |
| 2020 | $234,531 | $647,000 | $4,486,715 | 71 | 71 | 2.76 |
| 2021 | $311,983 | $243,939 | $5,127,541 | 88 | 88 | 0.78 |
| 2022 | $203,221 | $363,437 | $2,794,304 | 28 | 28 | 1.79 |
| 2023 | $7,145,088 | $11,188,498 | $102,249,427 | 685 | 685 | 1.57 |
| 2024 | $6,417,453 | $12,396,399 | $100,676,532 | 939 | 939 | 1.93 |
Commodities insured in Hancock 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
- 1.27Low end of the filed band
- 1.63Middle of the filed band
- 3.15High end of the filed band
- 2017Worst year filed (5.25)
- 10Years filed
- $14,513,584Premium filed
- $29,069,066Indemnity paid
- $237,144,528Liability insured
- 272,315Quantity planted
- 263,031Quantity lost
- 1,739Policies
- 1,739Policies with a loss
- 2.00Loss ratio, whole span
Causes that carried the indemnity in Hancock County
- Excess Moisture/Precipitation/Rain $9,205,773 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $5,739,267 indemnity · 3 years
- Drought $4,918,514 indemnity · 7 years
- Hail $4,774,674 indemnity · 7 years
- Decline in Price $3,788,117 indemnity · 7 years
- Wind/Excess Wind $367,998 indemnity · 7 years
Soybeans 10 years filed
- 0.64Low end of the filed band
- 2.48Middle of the filed band
- 3.66High end of the filed band
- 2015Worst year filed (4.85)
- 10Years filed
- $5,355,819Premium filed
- $12,149,587Indemnity paid
- $95,413,815Liability insured
- 164,422Quantity planted
- 153,715Quantity lost
- 1,431Policies
- 1,431Policies with a loss
- 2.27Loss ratio, whole span
Causes that carried the indemnity in Hancock County
- Excess Moisture/Precipitation/Rain $5,822,102 indemnity · 8 years
- Decline in Price $1,900,591 indemnity · 6 years
- Hail $1,466,331 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $1,399,857 indemnity · 4 years
- Drought $1,208,986 indemnity · 7 years
- Cold Wet Weather $152,510 indemnity · 7 years
Every county-crop the agency files in Iowa → Buy the Hancock 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.