Crop-loss band · Indiana
Hancock County, Indiana — crop-loss band
- 0.66Low end of the filed band
- 1.05Middle of the filed band
- 2.21High end of the filed band
- 2019Worst year filed (4.65)
- 10Years filed
Every year the Risk Management Agency has filed for Hancock 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 0.66 at the low end to 2.21 at the high end, with 1.05 in the middle. The worst year filed is 2019, at 4.65. 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 | $1,343,709 | $2,592,417 | $19,330,767 | 177 | 177 | 1.93 |
| 2016 | $438,548 | $451,258 | $6,838,783 | 82 | 81 | 1.03 |
| 2017 | $2,483,452 | $3,440,055 | $37,643,723 | 452 | 452 | 1.39 |
| 2018 | $414,765 | $918,259 | $7,558,390 | 109 | 109 | 2.21 |
| 2019 | $2,162,889 | $10,048,954 | $38,858,845 | 592 | 587 | 4.65 |
| 2020 | $696,811 | $460,877 | $11,941,447 | 138 | 138 | 0.66 |
| 2021 | $293,502 | $503,312 | $4,232,159 | 72 | 72 | 1.71 |
| 2022 | $585,981 | $485,088 | $8,847,802 | 90 | 90 | 0.83 |
| 2023 | $847,529 | $892,880 | $12,876,425 | 143 | 143 | 1.05 |
| 2024 | $1,392,192 | $1,285,172 | $21,536,529 | 198 | 198 | 0.92 |
Commodities insured in Hancock 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
- 0.42Low end of the filed band
- 1.05Middle of the filed band
- 2.31High end of the filed band
- 2019Worst year filed (4.73)
- 10Years filed
- $6,586,289Premium filed
- $12,277,573Indemnity paid
- $89,803,674Liability insured
- 138,019Quantity planted
- 128,108Quantity lost
- 997Policies
- 995Policies with a loss
- 1.86Loss ratio, whole span
Causes that carried the indemnity in Hancock County
- Excess Moisture/Precipitation/Rain $8,260,608 indemnity · 10 years
- ARPI/SCO/STAX Crops Only $1,958,887 indemnity · 5 years
- Drought $1,032,766 indemnity · 8 years
- Decline in Price $782,732 indemnity · 7 years
- Cold Wet Weather $121,061 indemnity · 6 years
- Mycotoxin $45,187 indemnity · 1 years
Soybeans 10 years filed
- 0.62Low end of the filed band
- 1.40Middle of the filed band
- 2.30High end of the filed band
- 2019Worst year filed (4.52)
- 10Years filed
- $4,073,089Premium filed
- $8,800,699Indemnity paid
- $79,861,196Liability insured
- 158,323Quantity planted
- 137,456Quantity lost
- 1,056Policies
- 1,052Policies with a loss
- 2.16Loss ratio, whole span
Causes that carried the indemnity in Hancock County
- Excess Moisture/Precipitation/Rain $5,453,036 indemnity · 10 years
- ARPI/SCO/STAX Crops Only $1,203,833 indemnity · 3 years
- Drought $1,008,075 indemnity · 8 years
- Decline in Price $1,001,197 indemnity · 7 years
- Cold Wet Weather $68,411 indemnity · 8 years
- Insects $25,196 indemnity · 1 years
Every county-crop the agency files in Indiana → Buy the Hancock 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.