Crop-loss band · Indiana
Lake County, Indiana — crop-loss band
- 0.63Low end of the filed band
- 1.37Middle of the filed band
- 3.41High end of the filed band
- 2019Worst year filed (6.58)
- 10Years filed
Every year the Risk Management Agency has filed for Lake 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 0.63 at the low end to 3.41 at the high end, with 1.37 in the middle. The worst year filed is 2019, at 6.58. 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 | $1,727,955 | $5,894,867 | $30,007,815 | 324 | 313 | 3.41 |
| 2016 | $138,798 | $141,498 | $2,310,732 | 51 | 46 | 1.02 |
| 2017 | $271,216 | $242,473 | $4,157,496 | 68 | 63 | 0.89 |
| 2018 | $143,820 | $443,376 | $2,745,310 | 43 | 43 | 3.08 |
| 2019 | $1,226,672 | $8,068,098 | $14,785,575 | 281 | 277 | 6.58 |
| 2020 | $1,141,454 | $1,681,998 | $18,231,532 | 174 | 174 | 1.47 |
| 2021 | $367,648 | $233,194 | $5,232,496 | 45 | 44 | 0.63 |
| 2022 | $480,671 | $659,132 | $5,969,070 | 33 | 33 | 1.37 |
| 2023 | $849,926 | $651,818 | $11,520,027 | 67 | 67 | 0.77 |
| 2024 | $1,171,992 | $3,030,419 | $16,641,003 | 127 | 127 | 2.59 |
Commodities insured in Lake 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
- 0.33Low end of the filed band
- 1.47Middle of the filed band
- 3.80High end of the filed band
- 2019Worst year filed (6.99)
- 10Years filed
- $4,636,905Premium filed
- $14,803,233Indemnity paid
- $68,360,889Liability insured
- 114,504Quantity planted
- 106,612Quantity lost
- 611Policies
- 601Policies with a loss
- 3.19Loss ratio, whole span
Causes that carried the indemnity in Lake County
- Excess Moisture/Precipitation/Rain $12,043,689 indemnity · 10 years
- Drought $997,554 indemnity · 6 years
- Decline in Price $669,596 indemnity · 7 years
- Cold Wet Weather $621,486 indemnity · 7 years
- ARPI/SCO/STAX Crops Only $197,135 indemnity · 4 years
- Heat $139,926 indemnity · 3 years
Soybeans 10 years filed
- 0.68Low end of the filed band
- 1.30Middle of the filed band
- 2.72High end of the filed band
- 2019Worst year filed (5.40)
- 10Years filed
- $2,883,247Premium filed
- $6,243,640Indemnity paid
- $43,240,167Liability insured
- 92,119Quantity planted
- 75,816Quantity lost
- 602Policies
- 586Policies with a loss
- 2.17Loss ratio, whole span
Causes that carried the indemnity in Lake County
- Excess Moisture/Precipitation/Rain $2,944,356 indemnity · 10 years
- Drought $2,322,990 indemnity · 9 years
- Decline in Price $577,049 indemnity · 8 years
- Cold Wet Weather $186,813 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $123,270 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $62,114 indemnity · 3 years
Every county-crop the agency files in Indiana → Buy the Lake 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.