Crop-loss band · Illinois
Hancock County, Illinois — crop-loss band
- 0.72Low end of the filed band
- 1.13Middle of the filed band
- 2.17High end of the filed band
- 2015Worst year filed (3.28)
- 10Years filed
Every year the Risk Management Agency has filed for Hancock 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 0.72 at the low end to 2.17 at the high end, with 1.13 in the middle. The worst year filed is 2015, at 3.28. 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 | $1,189,581 | $3,896,320 | $15,542,660 | 544 | 528 | 3.28 |
| 2016 | $479,476 | $728,611 | $6,375,515 | 149 | 140 | 1.52 |
| 2017 | $825,626 | $680,589 | $12,397,008 | 341 | 321 | 0.82 |
| 2018 | $223,073 | $483,038 | $2,943,334 | 158 | 158 | 2.17 |
| 2019 | $4,005,012 | $8,196,849 | $55,791,606 | 1,152 | 1,151 | 2.05 |
| 2020 | $1,697,717 | $1,214,605 | $28,083,501 | 518 | 517 | 0.72 |
| 2021 | $2,465,957 | $2,795,873 | $34,779,596 | 545 | 545 | 1.13 |
| 2022 | $1,385,890 | $1,546,187 | $22,671,219 | 431 | 431 | 1.12 |
| 2023 | $5,179,918 | $8,183,028 | $69,469,795 | 837 | 837 | 1.58 |
| 2024 | $1,799,120 | $1,637,005 | $30,713,015 | 457 | 457 | 0.91 |
Commodities insured in Hancock 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
- 0.52Low end of the filed band
- 1.38Middle of the filed band
- 2.06High end of the filed band
- 2015Worst year filed (2.19)
- 10Years filed
- $14,274,266Premium filed
- $21,383,969Indemnity paid
- $181,104,646Liability insured
- 237,173Quantity planted
- 202,453Quantity lost
- 2,635Policies
- 2,626Policies with a loss
- 1.50Loss ratio, whole span
Causes that carried the indemnity in Hancock County
- Excess Moisture/Precipitation/Rain $9,649,412 indemnity · 10 years
- Drought $4,721,490 indemnity · 10 years
- Decline in Price $3,067,011 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $1,934,740 indemnity · 4 years
- Cold Wet Weather $857,326 indemnity · 9 years
- Wind/Excess Wind $558,378 indemnity · 6 years
Soybeans 10 years filed
- 0.72Low end of the filed band
- 1.11Middle of the filed band
- 2.67High end of the filed band
- 2015Worst year filed (6.20)
- 10Years filed
- $4,607,178Premium filed
- $7,386,934Indemnity paid
- $95,341,844Liability insured
- 186,081Quantity planted
- 118,254Quantity lost
- 2,125Policies
- 2,087Policies with a loss
- 1.60Loss ratio, whole span
Causes that carried the indemnity in Hancock County
- Excess Moisture/Precipitation/Rain $4,975,422 indemnity · 10 years
- Drought $1,012,794 indemnity · 10 years
- Decline in Price $503,688 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $302,781 indemnity · 1 years
- Cold Wet Weather $265,426 indemnity · 10 years
- Hail $138,796 indemnity · 7 years
Pasture,Rangeland,Forage 9 years filed
- 0.95Low end of the filed band
- 1.25Middle of the filed band
- 2.79High end of the filed band
- 2021Worst year filed (2.79)
- 9Years filed
- $369,926Premium filed
- $591,202Indemnity paid
- $2,320,759Liability insured
- 15,205Quantity planted
- 0Quantity lost
- 372Policies
- 372Policies with a loss
- 1.60Loss ratio, whole span
Causes that carried the indemnity in Hancock County
- ARPI/SCO/STAX/MP Crops Only $591,202 indemnity · 9 years
Every county-crop the agency files in Illinois → Buy the Hancock 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.