Crop-loss band · Illinois
Bond County, Illinois — crop-loss band
- 0.68Low end of the filed band
- 1.28Middle of the filed band
- 2.76High end of the filed band
- 2015Worst year filed (2.88)
- 10Years filed
Every year the Risk Management Agency has filed for Bond 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 0.68 at the low end to 2.76 at the high end, with 1.28 in the middle. The worst year filed is 2015, at 2.88. 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 | $2,618,927 | $7,529,556 | $17,568,115 | 759 | 754 | 2.88 |
| 2016 | $1,945,926 | $1,367,342 | $14,313,760 | 349 | 334 | 0.70 |
| 2017 | $2,681,938 | $1,815,432 | $22,623,104 | 414 | 410 | 0.68 |
| 2018 | $250,420 | $362,502 | $2,758,565 | 123 | 123 | 1.45 |
| 2019 | $2,221,384 | $6,134,413 | $20,445,318 | 637 | 635 | 2.76 |
| 2020 | $1,731,102 | $1,612,112 | $16,555,898 | 410 | 410 | 0.93 |
| 2021 | $1,088,406 | $952,412 | $10,583,751 | 241 | 241 | 0.88 |
| 2022 | $2,354,105 | $3,001,567 | $20,978,797 | 337 | 337 | 1.28 |
| 2023 | $3,774,696 | $4,978,702 | $41,200,450 | 531 | 531 | 1.32 |
| 2024 | $2,609,193 | $5,270,380 | $32,656,568 | 704 | 704 | 2.02 |
Commodities insured in Bond County
3 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
- 0.31Low end of the filed band
- 0.67Middle of the filed band
- 2.09High end of the filed band
- 2019Worst year filed (3.24)
- 10Years filed
- $14,100,682Premium filed
- $16,107,186Indemnity paid
- $115,989,225Liability insured
- 192,443Quantity planted
- 166,037Quantity lost
- 1,961Policies
- 1,947Policies with a loss
- 1.14Loss ratio, whole span
Causes that carried the indemnity in Bond County
- Excess Moisture/Precipitation/Rain $10,532,305 indemnity · 10 years
- Drought $2,771,994 indemnity · 7 years
- Decline in Price $1,952,882 indemnity · 5 years
- Other (Snow, Lightning, Etc.) $412,546 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $253,343 indemnity · 2 years
- Heat $102,020 indemnity · 4 years
Soybeans 10 years filed
- 0.92Low end of the filed band
- 1.35Middle of the filed band
- 2.92High end of the filed band
- 2015Worst year filed (4.12)
- 10Years filed
- $5,321,281Premium filed
- $11,233,703Indemnity paid
- $75,338,917Liability insured
- 178,102Quantity planted
- 154,221Quantity lost
- 1,996Policies
- 1,985Policies with a loss
- 2.11Loss ratio, whole span
Causes that carried the indemnity in Bond County
- Excess Moisture/Precipitation/Rain $6,839,777 indemnity · 10 years
- Drought $2,467,597 indemnity · 9 years
- Decline in Price $1,180,746 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $414,051 indemnity · 1 years
- Flood $217,809 indemnity · 7 years
- Heat $45,426 indemnity · 4 years
Wheat 10 years filed
- 0.82Low end of the filed band
- 2.60Middle of the filed band
- 3.52High end of the filed band
- 2015Worst year filed (3.62)
- 10Years filed
- $1,854,134Premium filed
- $5,683,529Indemnity paid
- $8,356,184Liability insured
- 36,364Quantity planted
- 36,374Quantity lost
- 548Policies
- 547Policies with a loss
- 3.07Loss ratio, whole span
Causes that carried the indemnity in Bond County
- Excess Moisture/Precipitation/Rain $5,134,558 indemnity · 8 years
- ARPI/SCO/STAX Crops Only $163,942 indemnity · 2 years
- Cold Wet Weather $126,443 indemnity · 6 years
- Mycotoxin $119,759 indemnity · 2 years
- Drought $47,513 indemnity · 2 years
- Decline in Price $44,541 indemnity · 6 years
Every county-crop the agency files in Illinois → Buy the Bond 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.