Crop-loss band · Indiana
Benton County, Indiana — crop-loss band
- 0.57Low end of the filed band
- 0.97Middle of the filed band
- 2.87High end of the filed band
- 2018Worst year filed (3.71)
- 10Years filed
Every year the Risk Management Agency has filed for Benton 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 0.57 at the low end to 2.87 at the high end, with 0.97 in the middle. The worst year filed is 2018, at 3.71. 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 | $2,447,583 | $6,431,777 | $44,075,908 | 400 | 399 | 2.63 |
| 2016 | $77,720 | $172,058 | $1,425,490 | 25 | 20 | 2.21 |
| 2017 | $1,884,828 | $1,469,453 | $37,818,605 | 446 | 433 | 0.78 |
| 2018 | $97,636 | $361,853 | $2,209,620 | 38 | 38 | 3.71 |
| 2019 | $802,680 | $2,303,130 | $18,683,679 | 278 | 277 | 2.87 |
| 2020 | $412,090 | $239,682 | $8,943,707 | 76 | 76 | 0.58 |
| 2021 | $451,239 | $407,341 | $7,663,523 | 63 | 63 | 0.90 |
| 2022 | $174,820 | $306,992 | $2,705,926 | 35 | 35 | 1.76 |
| 2023 | $1,073,259 | $611,469 | $13,498,740 | 71 | 71 | 0.57 |
| 2024 | $411,739 | $399,894 | $7,848,023 | 43 | 43 | 0.97 |
Commodities insured in Benton 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
- 0.35Low end of the filed band
- 0.73Middle of the filed band
- 2.79High end of the filed band
- 2019Worst year filed (3.43)
- 10Years filed
- $5,649,936Premium filed
- $8,823,199Indemnity paid
- $101,434,378Liability insured
- 142,914Quantity planted
- 115,669Quantity lost
- 895Policies
- 882Policies with a loss
- 1.56Loss ratio, whole span
Causes that carried the indemnity in Benton County
- Excess Moisture/Precipitation/Rain $6,289,740 indemnity · 9 years
- Decline in Price $1,057,196 indemnity · 7 years
- Drought $466,612 indemnity · 6 years
- ARPI/SCO/STAX Crops Only $380,200 indemnity · 3 years
- Cold Wet Weather $272,593 indemnity · 8 years
- Other (Snow, Lightning, Etc.) $148,022 indemnity · 3 years
Soybeans 10 years filed
- 0.65Low end of the filed band
- 1.36Middle of the filed band
- 3.11High end of the filed band
- 2018Worst year filed (4.15)
- 10Years filed
- $1,440,627Premium filed
- $2,547,991Indemnity paid
- $36,047,122Liability insured
- 69,167Quantity planted
- 51,712Quantity lost
- 521Policies
- 514Policies with a loss
- 1.77Loss ratio, whole span
Causes that carried the indemnity in Benton County
- Excess Moisture/Precipitation/Rain $1,416,985 indemnity · 10 years
- Drought $446,611 indemnity · 7 years
- Decline in Price $357,835 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $117,904 indemnity · 2 years
- Hail $84,046 indemnity · 2 years
- Cold Wet Weather $72,057 indemnity · 8 years
Hybrid Corn Seed 9 years filed
- 0.35Low end of the filed band
- 2.29Middle of the filed band
- 2.93High end of the filed band
- 2024Worst year filed (2.93)
- 9Years filed
- $743,031Premium filed
- $1,332,459Indemnity paid
- $7,391,721Liability insured
- 8,254Quantity planted
- 8,254Quantity lost
- 59Policies
- 59Policies with a loss
- 1.79Loss ratio, whole span
Causes that carried the indemnity in Benton County
- Flood $603,169 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $450,802 indemnity · 6 years
- Cold Wet Weather $223,184 indemnity · 1 years
- Heat $37,317 indemnity · 2 years
- Wind/Excess Wind $17,987 indemnity · 1 years
Every county-crop the agency files in Indiana → Buy the Benton 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.