Crop-loss band · Illinois
Piatt County, Illinois — crop-loss band
- 0.34Low end of the filed band
- 0.92Middle of the filed band
- 2.08High end of the filed band
- 2015Worst year filed (4.24)
- 10Years filed
Every year the Risk Management Agency has filed for Piatt 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 0.34 at the low end to 2.08 at the high end, with 0.92 in the middle. The worst year filed is 2015, at 4.24. 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 | $34,770 | $147,462 | $627,575 | 31 | 31 | 4.24 |
| 2016 | $82,315 | $75,526 | $2,779,447 | 56 | 52 | 0.92 |
| 2017 | $1,522,066 | $642,791 | $35,130,530 | 334 | 333 | 0.42 |
| 2018 | $98,074 | $138,560 | $3,225,991 | 29 | 29 | 1.41 |
| 2019 | $217,548 | $306,062 | $6,769,747 | 83 | 83 | 1.41 |
| 2020 | $1,763,717 | $594,405 | $48,556,594 | 306 | 304 | 0.34 |
| 2021 | $53,000 | $110,287 | $1,139,525 | 23 | 23 | 2.08 |
| 2022 | $381,700 | $391,762 | $11,178,859 | 68 | 68 | 1.03 |
| 2023 | $2,783,844 | $2,018,486 | $51,635,163 | 242 | 242 | 0.73 |
| 2024 | $2,733,591 | $2,428,400 | $45,700,345 | 352 | 352 | 0.89 |
Commodities insured in Piatt 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
- 0.34Low end of the filed band
- 0.59Middle of the filed band
- 3.69High end of the filed band
- 2021Worst year filed (4.16)
- 10Years filed
- $7,119,456Premium filed
- $4,321,453Indemnity paid
- $122,573,450Liability insured
- 129,791Quantity planted
- 59,608Quantity lost
- 825Policies
- 824Policies with a loss
- 0.61Loss ratio, whole span
Causes that carried the indemnity in Piatt County
- ARPI/SCO/STAX/MP/HIP WI Crops Only $1,961,167 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $1,303,968 indemnity · 10 years
- Decline in Price $487,199 indemnity · 6 years
- Drought $457,949 indemnity · 7 years
- Cold Wet Weather $73,144 indemnity · 5 years
- Wind/Excess Wind $27,599 indemnity · 2 years
Soybeans 10 years filed
- 0.31Low end of the filed band
- 0.76Middle of the filed band
- 1.54High end of the filed band
- 2015Worst year filed (6.29)
- 10Years filed
- $2,551,169Premium filed
- $2,532,288Indemnity paid
- $84,170,326Liability insured
- 119,479Quantity planted
- 49,619Quantity lost
- 699Policies
- 693Policies with a loss
- 0.99Loss ratio, whole span
Causes that carried the indemnity in Piatt County
- Excess Moisture/Precipitation/Rain $988,760 indemnity · 10 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $870,831 indemnity · 2 years
- Decline in Price $247,745 indemnity · 6 years
- Drought $236,791 indemnity · 8 years
- Cold Wet Weather $69,813 indemnity · 7 years
- Freeze $46,214 indemnity · 1 years
Every county-crop the agency files in Illinois → Buy the Piatt 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.