Crop-loss band · Illinois
Peoria County, Illinois — crop-loss band
- 0.84Low end of the filed band
- 1.43Middle of the filed band
- 2.81High end of the filed band
- 2018Worst year filed (4.00)
- 10Years filed
Every year the Risk Management Agency has filed for Peoria 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 0.84 at the low end to 2.81 at the high end, with 1.43 in the middle. The worst year filed is 2018, at 4.00. 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 | $397,398 | $1,091,079 | $6,688,693 | 137 | 137 | 2.75 |
| 2016 | $127,802 | $182,484 | $3,040,882 | 75 | 75 | 1.43 |
| 2017 | $714,810 | $603,886 | $12,554,267 | 184 | 184 | 0.84 |
| 2018 | $230,090 | $919,217 | $4,352,694 | 103 | 103 | 4.00 |
| 2019 | $1,458,620 | $4,097,775 | $27,685,887 | 477 | 477 | 2.81 |
| 2020 | $1,251,382 | $1,368,518 | $28,723,648 | 394 | 393 | 1.09 |
| 2021 | $775,726 | $915,552 | $14,087,402 | 160 | 160 | 1.18 |
| 2022 | $257,454 | $468,599 | $4,812,316 | 90 | 90 | 1.82 |
| 2023 | $2,744,011 | $3,987,291 | $36,609,605 | 345 | 345 | 1.45 |
| 2024 | $1,334,987 | $1,579,282 | $25,247,961 | 262 | 262 | 1.18 |
Commodities insured in Peoria 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
- 0.63Low end of the filed band
- 1.43Middle of the filed band
- 2.85High end of the filed band
- 2019Worst year filed (2.97)
- 10Years filed
- $7,561,401Premium filed
- $11,494,305Indemnity paid
- $122,560,467Liability insured
- 112,009Quantity planted
- 124,985Quantity lost
- 1,357Policies
- 1,357Policies with a loss
- 1.52Loss ratio, whole span
Causes that carried the indemnity in Peoria County
- Excess Moisture/Precipitation/Rain $4,283,256 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $2,635,039 indemnity · 5 years
- Drought $2,186,327 indemnity · 9 years
- Decline in Price $1,806,437 indemnity · 8 years
- Other (Snow, Lightning, Etc.) $222,346 indemnity · 7 years
- Cold Wet Weather $115,958 indemnity · 7 years
Soybeans 10 years filed
- 1.39Low end of the filed band
- 1.89Middle of the filed band
- 2.36High end of the filed band
- 2018Worst year filed (5.28)
- 10Years filed
- $1,730,879Premium filed
- $3,719,378Indemnity paid
- $41,242,888Liability insured
- 70,258Quantity planted
- 61,605Quantity lost
- 870Policies
- 869Policies with a loss
- 2.15Loss ratio, whole span
Causes that carried the indemnity in Peoria County
- Excess Moisture/Precipitation/Rain $1,261,121 indemnity · 10 years
- Drought $1,200,064 indemnity · 9 years
- Decline in Price $359,146 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $336,253 indemnity · 3 years
- Other (Snow, Lightning, Etc.) $244,563 indemnity · 5 years
- Cold Wet Weather $188,355 indemnity · 10 years
Every county-crop the agency files in Illinois → Buy the Peoria 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.