Crop-loss band · Indiana
Franklin County, Indiana — crop-loss band
- 0.71Low end of the filed band
- 1.58Middle of the filed band
- 1.81High end of the filed band
- 2019Worst year filed (2.25)
- 10Years filed
Every year the Risk Management Agency has filed for Franklin 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 0.71 at the low end to 1.81 at the high end, with 1.58 in the middle. The worst year filed is 2019, at 2.25. 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 | $293,540 | $435,231 | $2,264,336 | 86 | 86 | 1.48 |
| 2016 | $474,075 | $532,650 | $3,422,054 | 133 | 125 | 1.12 |
| 2017 | $1,179,207 | $841,377 | $10,006,829 | 266 | 259 | 0.71 |
| 2018 | $229,124 | $391,669 | $2,440,158 | 108 | 106 | 1.71 |
| 2019 | $2,210,330 | $4,974,582 | $20,746,696 | 676 | 675 | 2.25 |
| 2020 | $397,639 | $509,746 | $4,042,241 | 124 | 124 | 1.28 |
| 2021 | $688,334 | $1,247,143 | $6,735,516 | 208 | 208 | 1.81 |
| 2022 | $416,847 | $658,204 | $4,315,954 | 121 | 121 | 1.58 |
| 2023 | $225,224 | $366,924 | $2,228,606 | 95 | 95 | 1.63 |
| 2024 | $488,638 | $809,371 | $5,483,969 | 179 | 179 | 1.66 |
Commodities insured in Franklin 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
- 0.64Low end of the filed band
- 1.53Middle of the filed band
- 1.89High end of the filed band
- 2022Worst year filed (2.28)
- 10Years filed
- $3,996,403Premium filed
- $5,661,860Indemnity paid
- $32,519,023Liability insured
- 56,208Quantity planted
- 48,686Quantity lost
- 909Policies
- 896Policies with a loss
- 1.42Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Excess Moisture/Precipitation/Rain $3,409,529 indemnity · 10 years
- Drought $1,435,216 indemnity · 9 years
- Decline in Price $241,069 indemnity · 7 years
- Wind/Excess Wind $131,737 indemnity · 3 years
- ARPI/SCO/STAX/MP Crops Only $124,793 indemnity · 3 years
- Cold Wet Weather $89,348 indemnity · 6 years
Soybeans 10 years filed
- 0.90Low end of the filed band
- 1.57Middle of the filed band
- 2.10High end of the filed band
- 2019Worst year filed (2.90)
- 10Years filed
- $2,606,555Premium filed
- $5,105,037Indemnity paid
- $29,167,336Liability insured
- 65,916Quantity planted
- 60,835Quantity lost
- 1,087Policies
- 1,082Policies with a loss
- 1.96Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Excess Moisture/Precipitation/Rain $2,364,169 indemnity · 10 years
- Drought $1,962,565 indemnity · 9 years
- Decline in Price $365,301 indemnity · 8 years
- Wildlife $167,262 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $64,082 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $51,709 indemnity · 4 years
Every county-crop the agency files in Indiana → Buy the Franklin 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.