Crop-loss band · Iowa
Polk County, Iowa — crop-loss band
- 1.01Low end of the filed band
- 2.55Middle of the filed band
- 6.31High end of the filed band
- 2020Worst year filed (7.47)
- 10Years filed
Every year the Risk Management Agency has filed for Polk 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 6.31 at the high end, with 2.55 in the middle. The worst year filed is 2020, at 7.47. 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 | $443,047 | $1,202,193 | $4,538,404 | 133 | 133 | 2.71 |
| 2016 | $34,719 | $69,623 | $311,288 | 18 | 17 | 2.01 |
| 2017 | $173,850 | $320,123 | $2,346,361 | 98 | 98 | 1.84 |
| 2018 | $933,834 | $2,644,630 | $13,952,555 | 321 | 321 | 2.83 |
| 2019 | $402,240 | $1,026,859 | $4,283,003 | 154 | 154 | 2.55 |
| 2020 | $882,667 | $6,597,525 | $19,377,959 | 378 | 378 | 7.47 |
| 2021 | $39,927 | $252,010 | $604,302 | 18 | 18 | 6.31 |
| 2022 | $258,579 | $1,027,120 | $4,000,062 | 86 | 86 | 3.97 |
| 2023 | $916,658 | $1,036,120 | $14,008,409 | 151 | 151 | 1.13 |
| 2024 | $795,559 | $800,119 | $12,723,608 | 142 | 142 | 1.01 |
Commodities insured in Polk 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
- 0.58Low end of the filed band
- 2.62Middle of the filed band
- 7.55High end of the filed band
- 2020Worst year filed (8.09)
- 10Years filed
- $3,488,547Premium filed
- $11,292,282Indemnity paid
- $55,627,149Liability insured
- 69,101Quantity planted
- 76,457Quantity lost
- 833Policies
- 833Policies with a loss
- 3.24Loss ratio, whole span
Causes that carried the indemnity in Polk County
- Wind/Excess Wind $5,848,218 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $2,055,224 indemnity · 8 years
- Drought $1,977,010 indemnity · 8 years
- Flood $721,339 indemnity · 4 years
- Decline in Price $459,780 indemnity · 7 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $137,495 indemnity · 3 years
Soybeans 10 years filed
- 1.82Low end of the filed band
- 2.29Middle of the filed band
- 4.06High end of the filed band
- 2022Worst year filed (4.25)
- 10Years filed
- $1,392,533Premium filed
- $3,684,040Indemnity paid
- $20,518,802Liability insured
- 44,085Quantity planted
- 43,392Quantity lost
- 666Policies
- 665Policies with a loss
- 2.65Loss ratio, whole span
Causes that carried the indemnity in Polk County
- Excess Moisture/Precipitation/Rain $1,432,410 indemnity · 8 years
- Drought $988,039 indemnity · 7 years
- Flood $526,667 indemnity · 7 years
- Decline in Price $416,286 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $111,593 indemnity · 1 years
- Wind/Excess Wind $76,123 indemnity · 2 years
Every county-crop the agency files in Iowa → 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.