Crop-loss band · Idaho
Bingham County, Idaho — crop-loss band
- 2.18Low end of the filed band
- 3.06Middle of the filed band
- 3.60High end of the filed band
- 2015Worst year filed (4.53)
- 10Years filed
Every year the Risk Management Agency has filed for Bingham 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 2.18 at the low end to 3.60 at the high end, with 3.06 in the middle. The worst year filed is 2015, at 4.53. 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 | $1,521,732 | $6,888,490 | $22,551,356 | 152 | 152 | 4.53 |
| 2016 | $1,585,568 | $5,351,048 | $23,564,016 | 100 | 100 | 3.37 |
| 2017 | $1,756,147 | $5,372,608 | $27,991,890 | 152 | 152 | 3.06 |
| 2018 | $1,262,588 | $3,422,042 | $19,861,007 | 107 | 107 | 2.71 |
| 2019 | $1,875,553 | $5,801,168 | $22,777,311 | 147 | 147 | 3.09 |
| 2020 | $1,988,983 | $6,146,637 | $28,844,600 | 154 | 154 | 3.09 |
| 2021 | $2,042,988 | $7,356,460 | $27,493,761 | 161 | 161 | 3.60 |
| 2022 | $2,260,813 | $4,933,597 | $30,899,259 | 193 | 193 | 2.18 |
| 2023 | $9,434,331 | $28,064,204 | $95,148,841 | 260 | 260 | 2.97 |
| 2024 | $7,707,010 | $20,312,576 | $123,706,711 | 244 | 244 | 2.64 |
Commodities insured in Bingham County
6 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.
Wheat 10 years filed
- 1.28Low end of the filed band
- 2.78Middle of the filed band
- 3.70High end of the filed band
- 2015Worst year filed (4.46)
- 10Years filed
- $21,834,448Premium filed
- $60,096,988Indemnity paid
- $229,208,279Liability insured
- 364,087Quantity planted
- 313,912Quantity lost
- 1,117Policies
- 1,117Policies with a loss
- 2.75Loss ratio, whole span
Causes that carried the indemnity in Bingham County
- Cold Wet Weather $18,829,609 indemnity · 10 years
- Cold Winter $14,617,889 indemnity · 10 years
- Decline in Price $5,446,497 indemnity · 9 years
- Hail $4,018,939 indemnity · 10 years
- Frost $3,633,586 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $3,042,414 indemnity · 7 years
Whole Farm Revenue Protection 7 years filed
- 0.21Low end of the filed band
- 3.26Middle of the filed band
- 3.59High end of the filed band
- 2019Worst year filed (3.59)
- 7Years filed
- $4,960,424Premium filed
- $15,733,414Indemnity paid
- $97,529,381Liability insured
- 0Quantity planted
- 0Quantity lost
- 46Policies
- 46Policies with a loss
- 3.17Loss ratio, whole span
Causes that carried the indemnity in Bingham County
- Hail $4,662,166 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $4,454,686 indemnity · 4 years
- Decline in Price $3,730,960 indemnity · 6 years
- Freeze $925,117 indemnity · 1 years
- Wildlife $722,025 indemnity · 3 years
- Drought $654,183 indemnity · 1 years
Potatoes 10 years filed
- 2.54Low end of the filed band
- 4.88Middle of the filed band
- 9.02High end of the filed band
- 2023Worst year filed (11.03)
- 10Years filed
- $1,610,542Premium filed
- $9,323,274Indemnity paid
- $34,396,299Liability insured
- 14,234Quantity planted
- 14,234Quantity lost
- 87Policies
- 87Policies with a loss
- 5.79Loss ratio, whole span
Causes that carried the indemnity in Bingham County
- Freeze $2,670,385 indemnity · 5 years
- Heat $2,117,584 indemnity · 8 years
- Hail $1,288,337 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $1,014,671 indemnity · 5 years
- Failure of Irrigation Supply $819,469 indemnity · 1 years
- Plant Disease $788,593 indemnity · 4 years
Sugar Beets 10 years filed
- 1.83Low end of the filed band
- 3.93Middle of the filed band
- 8.89High end of the filed band
- 2019Worst year filed (12.94)
- 10Years filed
- $722,334Premium filed
- $3,616,982Indemnity paid
- $47,785,627Liability insured
- 36,228Quantity planted
- 26,381Quantity lost
- 134Policies
- 134Policies with a loss
- 5.01Loss ratio, whole span
Causes that carried the indemnity in Bingham County
- Freeze $1,210,220 indemnity · 7 years
- Frost $1,036,366 indemnity · 7 years
- Cold Wet Weather $660,388 indemnity · 5 years
- Wind/Excess Wind $598,378 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $58,188 indemnity · 4 years
- Cold Winter $20,419 indemnity · 1 years
Pasture,Rangeland,Forage 6 years filed
- 0.82Low end of the filed band
- 1.67Middle of the filed band
- 2.99High end of the filed band
- 2021Worst year filed (2.99)
- 6Years filed
- $1,897,672Premium filed
- $3,129,806Indemnity paid
- $8,583,618Liability insured
- 357,837Quantity planted
- 0Quantity lost
- 215Policies
- 215Policies with a loss
- 1.65Loss ratio, whole span
Causes that carried the indemnity in Bingham County
- ARPI/SCO/STAX/MP Crops Only $3,129,806 indemnity · 6 years
Barley 10 years filed
- 1.07Low end of the filed band
- 2.60Middle of the filed band
- 6.19High end of the filed band
- 2024Worst year filed (6.31)
- 10Years filed
- $410,293Premium filed
- $1,748,366Indemnity paid
- $5,335,548Liability insured
- 11,139Quantity planted
- 11,085Quantity lost
- 71Policies
- 71Policies with a loss
- 4.26Loss ratio, whole span
Causes that carried the indemnity in Bingham County
- Excess Moisture/Precipitation/Rain $356,357 indemnity · 3 years
- Hail $352,340 indemnity · 8 years
- Heat $336,363 indemnity · 6 years
- Frost $218,405 indemnity · 6 years
- Insects $192,653 indemnity · 1 years
- Freeze $74,689 indemnity · 1 years
Every county-crop the agency files in Idaho → Buy the Bingham 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.