Crop-loss band · Illinois
Ford County, Illinois — crop-loss band
- 0.52Low end of the filed band
- 1.28Middle of the filed band
- 2.35High end of the filed band
- 2019Worst year filed (2.38)
- 10Years filed
Every year the Risk Management Agency has filed for Ford 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 0.52 at the low end to 2.35 at the high end, with 1.28 in the middle. The worst year filed is 2019, at 2.38. 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 | $3,014,766 | $7,076,067 | $44,613,813 | 879 | 873 | 2.35 |
| 2016 | $460,632 | $238,089 | $7,715,633 | 179 | 171 | 0.52 |
| 2017 | $1,680,894 | $924,236 | $28,436,912 | 489 | 481 | 0.55 |
| 2018 | $1,107,459 | $2,341,800 | $22,060,374 | 455 | 454 | 2.11 |
| 2019 | $2,910,532 | $6,923,759 | $53,176,859 | 975 | 975 | 2.38 |
| 2020 | $2,769,089 | $2,007,385 | $48,396,369 | 706 | 706 | 0.72 |
| 2021 | $726,653 | $1,353,387 | $10,675,328 | 166 | 166 | 1.86 |
| 2022 | $420,097 | $584,745 | $7,643,465 | 105 | 105 | 1.39 |
| 2023 | $2,342,897 | $1,606,173 | $27,232,854 | 249 | 249 | 0.69 |
| 2024 | $1,773,857 | $2,274,203 | $30,578,772 | 436 | 436 | 1.28 |
Commodities insured in Ford 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
- 0.42Low end of the filed band
- 0.62Middle of the filed band
- 2.26High end of the filed band
- 2019Worst year filed (2.31)
- 10Years filed
- $13,290,421Premium filed
- $16,751,601Indemnity paid
- $191,076,111Liability insured
- 279,204Quantity planted
- 219,169Quantity lost
- 2,734Policies
- 2,714Policies with a loss
- 1.26Loss ratio, whole span
Causes that carried the indemnity in Ford County
- Excess Moisture/Precipitation/Rain $10,626,538 indemnity · 10 years
- Drought $3,025,180 indemnity · 8 years
- Decline in Price $1,390,050 indemnity · 8 years
- ARPI/SCO/STAX Crops Only $876,803 indemnity · 4 years
- Cold Wet Weather $548,978 indemnity · 8 years
- Heat $146,105 indemnity · 3 years
Soybeans 10 years filed
- 1.15Low end of the filed band
- 2.07Middle of the filed band
- 2.58High end of the filed band
- 2015Worst year filed (3.15)
- 10Years filed
- $3,916,455Premium filed
- $8,578,243Indemnity paid
- $89,454,268Liability insured
- 176,883Quantity planted
- 147,931Quantity lost
- 1,905Policies
- 1,902Policies with a loss
- 2.19Loss ratio, whole span
Causes that carried the indemnity in Ford County
- Drought $3,268,860 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $3,088,460 indemnity · 10 years
- Decline in Price $1,462,719 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $338,562 indemnity · 1 years
- Cold Wet Weather $257,479 indemnity · 8 years
- Heat $78,317 indemnity · 5 years
Every county-crop the agency files in Illinois → Buy the Ford 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.