Crop-loss band · Illinois
Will County, Illinois — crop-loss band
- 1.14Low end of the filed band
- 1.85Middle of the filed band
- 3.13High end of the filed band
- 2019Worst year filed (7.01)
- 10Years filed
Every year the Risk Management Agency has filed for Will 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 1.14 at the low end to 3.13 at the high end, with 1.85 in the middle. The worst year filed is 2019, at 7.01. 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 | $1,989,334 | $6,233,587 | $29,642,885 | 670 | 647 | 3.13 |
| 2016 | $535,598 | $608,249 | $8,107,946 | 167 | 153 | 1.14 |
| 2017 | $907,946 | $1,417,939 | $14,748,918 | 233 | 224 | 1.56 |
| 2018 | $637,912 | $1,562,662 | $10,648,767 | 232 | 232 | 2.45 |
| 2019 | $2,404,860 | $16,852,586 | $27,463,161 | 747 | 747 | 7.01 |
| 2020 | $2,051,586 | $3,278,955 | $31,265,754 | 500 | 499 | 1.60 |
| 2021 | $558,250 | $1,071,920 | $6,712,057 | 136 | 136 | 1.92 |
| 2022 | $581,386 | $916,705 | $7,785,562 | 123 | 123 | 1.58 |
| 2023 | $1,647,857 | $3,053,843 | $20,679,569 | 296 | 296 | 1.85 |
| 2024 | $2,369,113 | $4,850,455 | $33,667,698 | 486 | 486 | 2.05 |
Commodities insured in Will 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
- 0.72Low end of the filed band
- 1.46Middle of the filed band
- 2.95High end of the filed band
- 2019Worst year filed (7.04)
- 10Years filed
- $8,233,177Premium filed
- $23,160,601Indemnity paid
- $103,266,026Liability insured
- 189,462Quantity planted
- 166,747Quantity lost
- 1,739Policies
- 1,704Policies with a loss
- 2.81Loss ratio, whole span
Causes that carried the indemnity in Will County
- Excess Moisture/Precipitation/Rain $17,245,675 indemnity · 10 years
- Drought $2,315,987 indemnity · 8 years
- Cold Wet Weather $1,453,815 indemnity · 8 years
- Decline in Price $1,386,854 indemnity · 7 years
- Other (Snow, Lightning, Etc.) $256,695 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $249,437 indemnity · 2 years
Soybeans 10 years filed
- 1.63Low end of the filed band
- 2.28Middle of the filed band
- 3.87High end of the filed band
- 2019Worst year filed (7.47)
- 10Years filed
- $5,085,232Premium filed
- $15,744,247Indemnity paid
- $84,640,836Liability insured
- 190,133Quantity planted
- 174,703Quantity lost
- 1,717Policies
- 1,705Policies with a loss
- 3.10Loss ratio, whole span
Causes that carried the indemnity in Will County
- Excess Moisture/Precipitation/Rain $8,044,785 indemnity · 10 years
- Drought $4,615,793 indemnity · 9 years
- Decline in Price $1,996,600 indemnity · 8 years
- Cold Wet Weather $348,478 indemnity · 10 years
- Flood $231,584 indemnity · 3 years
- Hail $217,588 indemnity · 3 years
Wheat 10 years filed
- 0.61Low end of the filed band
- 2.78Middle of the filed band
- 4.05High end of the filed band
- 2017Worst year filed (6.13)
- 10Years filed
- $365,433Premium filed
- $942,053Indemnity paid
- $2,815,455Liability insured
- 9,180Quantity planted
- 9,187Quantity lost
- 134Policies
- 134Policies with a loss
- 2.58Loss ratio, whole span
Causes that carried the indemnity in Will County
- Excess Moisture/Precipitation/Rain $425,079 indemnity · 10 years
- Cold Wet Weather $182,581 indemnity · 6 years
- Plant Disease $118,852 indemnity · 1 years
- Decline in Price $87,910 indemnity · 5 years
- Cold Winter $75,416 indemnity · 7 years
- Mycotoxin $24,336 indemnity · 1 years
Every county-crop the agency files in Illinois → Buy the Will 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.