Crop-loss band · Iowa
Montgomery County, Iowa — crop-loss band
- 0.44Low end of the filed band
- 1.97Middle of the filed band
- 2.48High end of the filed band
- 2020Worst year filed (2.50)
- 10Years filed
Every year the Risk Management Agency has filed for Montgomery 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 0.44 at the low end to 2.48 at the high end, with 1.97 in the middle. The worst year filed is 2020, at 2.50. 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 | $356,485 | $874,671 | $5,407,365 | 140 | 140 | 2.45 |
| 2016 | $261,117 | $515,285 | $4,469,256 | 90 | 90 | 1.97 |
| 2017 | $244,894 | $331,593 | $3,532,244 | 67 | 67 | 1.35 |
| 2018 | $604,513 | $1,373,464 | $9,660,343 | 218 | 218 | 2.27 |
| 2019 | $208,623 | $516,565 | $3,276,994 | 101 | 101 | 2.48 |
| 2020 | $301,586 | $753,403 | $4,945,858 | 91 | 91 | 2.50 |
| 2021 | $44,608 | $98,090 | $586,704 | 16 | 16 | 2.20 |
| 2022 | $1,104,035 | $1,338,739 | $14,694,911 | 107 | 107 | 1.21 |
| 2023 | $3,754,906 | $5,092,030 | $50,154,084 | 429 | 429 | 1.36 |
| 2024 | $825,973 | $366,763 | $13,875,275 | 71 | 71 | 0.44 |
Commodities insured in Montgomery 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
- 0.19Low end of the filed band
- 1.99Middle of the filed band
- 3.09High end of the filed band
- 2018Worst year filed (4.56)
- 10Years filed
- $4,633,663Premium filed
- $6,292,790Indemnity paid
- $66,745,160Liability insured
- 54,145Quantity planted
- 71,617Quantity lost
- 593Policies
- 593Policies with a loss
- 1.36Loss ratio, whole span
Causes that carried the indemnity in Montgomery County
- Drought $1,967,436 indemnity · 7 years
- Decline in Price $1,660,778 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $1,237,748 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,116,734 indemnity · 3 years
- Wind/Excess Wind $122,555 indemnity · 8 years
- Hail $64,887 indemnity · 3 years
Soybeans 10 years filed
- 0.76Low end of the filed band
- 1.55Middle of the filed band
- 2.06High end of the filed band
- 2020Worst year filed (2.40)
- 10Years filed
- $3,073,077Premium filed
- $4,967,813Indemnity paid
- $43,857,874Liability insured
- 69,100Quantity planted
- 69,704Quantity lost
- 737Policies
- 737Policies with a loss
- 1.62Loss ratio, whole span
Causes that carried the indemnity in Montgomery County
- Drought $2,128,286 indemnity · 7 years
- Decline in Price $980,234 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $856,151 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $778,102 indemnity · 2 years
- Hail $137,861 indemnity · 6 years
- Heat $33,076 indemnity · 1 years
Every county-crop the agency files in Iowa → Buy the Montgomery 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.