Crop-loss band · Indiana
Boone County, Indiana — crop-loss band
- 0.28Low end of the filed band
- 1.16Middle of the filed band
- 2.63High end of the filed band
- 2019Worst year filed (5.18)
- 10Years filed
Every year the Risk Management Agency has filed for Boone 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 0.28 at the low end to 2.63 at the high end, with 1.16 in the middle. The worst year filed is 2019, at 5.18. 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 | $4,564,992 | $12,005,066 | $68,357,779 | 420 | 420 | 2.63 |
| 2016 | $351,592 | $431,662 | $4,794,917 | 45 | 45 | 1.23 |
| 2017 | $3,763,981 | $1,801,182 | $55,994,477 | 347 | 343 | 0.48 |
| 2018 | $265,264 | $644,020 | $5,139,964 | 58 | 58 | 2.43 |
| 2019 | $2,174,182 | $11,272,783 | $38,091,161 | 388 | 386 | 5.18 |
| 2020 | $476,424 | $132,587 | $11,192,375 | 55 | 55 | 0.28 |
| 2021 | $214,429 | $297,391 | $3,989,534 | 22 | 22 | 1.39 |
| 2022 | $875,833 | $680,351 | $18,767,189 | 63 | 63 | 0.78 |
| 2023 | $2,461,791 | $960,028 | $30,056,917 | 127 | 127 | 0.39 |
| 2024 | $3,558,921 | $4,118,638 | $53,107,899 | 287 | 287 | 1.16 |
Commodities insured in Boone 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
- 0.28Low end of the filed band
- 0.99Middle of the filed band
- 3.03High end of the filed band
- 2019Worst year filed (5.72)
- 10Years filed
- $13,272,341Premium filed
- $22,331,713Indemnity paid
- $177,765,022Liability insured
- 217,770Quantity planted
- 205,648Quantity lost
- 1,014Policies
- 1,010Policies with a loss
- 1.68Loss ratio, whole span
Causes that carried the indemnity in Boone County
- Excess Moisture/Precipitation/Rain $13,568,878 indemnity · 10 years
- ARPI/SCO/STAX Crops Only $6,791,020 indemnity · 4 years
- Decline in Price $1,040,294 indemnity · 7 years
- Drought $663,905 indemnity · 6 years
- Wind/Excess Wind $122,352 indemnity · 3 years
- Cold Wet Weather $93,034 indemnity · 3 years
Soybeans 10 years filed
- 0.28Low end of the filed band
- 1.15Middle of the filed band
- 2.44High end of the filed band
- 2019Worst year filed (4.28)
- 10Years filed
- $5,435,068Premium filed
- $10,011,995Indemnity paid
- $111,727,190Liability insured
- 193,183Quantity planted
- 145,382Quantity lost
- 798Policies
- 796Policies with a loss
- 1.84Loss ratio, whole span
Causes that carried the indemnity in Boone County
- Excess Moisture/Precipitation/Rain $6,081,505 indemnity · 10 years
- ARPI/SCO/STAX Crops Only $2,405,733 indemnity · 2 years
- Drought $713,407 indemnity · 8 years
- Decline in Price $647,523 indemnity · 6 years
- Cold Wet Weather $62,096 indemnity · 7 years
- Heat $45,225 indemnity · 2 years
Every county-crop the agency files in Indiana → Buy the Boone 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.