Crop-loss band · Indiana
Spencer County, Indiana — crop-loss band
- 0.49Low end of the filed band
- 1.11Middle of the filed band
- 1.82High end of the filed band
- 2024Worst year filed (1.83)
- 10Years filed
Every year the Risk Management Agency has filed for Spencer 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 0.49 at the low end to 1.82 at the high end, with 1.11 in the middle. The worst year filed is 2024, at 1.83. 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 | $384,113 | $699,959 | $3,040,177 | 89 | 89 | 1.82 |
| 2016 | $1,415,107 | $2,137,100 | $11,057,471 | 266 | 266 | 1.51 |
| 2017 | $598,832 | $295,973 | $5,866,280 | 121 | 121 | 0.49 |
| 2018 | $790,335 | $938,150 | $9,069,214 | 218 | 218 | 1.19 |
| 2019 | $1,395,204 | $2,460,604 | $12,301,930 | 351 | 351 | 1.76 |
| 2020 | $612,877 | $539,984 | $5,041,150 | 108 | 108 | 0.88 |
| 2021 | $520,769 | $405,444 | $5,509,827 | 98 | 98 | 0.78 |
| 2022 | $774,668 | $863,456 | $6,747,380 | 101 | 101 | 1.11 |
| 2023 | $1,299,844 | $690,487 | $11,698,967 | 145 | 145 | 0.53 |
| 2024 | $1,692,701 | $3,103,525 | $19,750,329 | 348 | 348 | 1.83 |
Commodities insured in Spencer 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
- 0.31Low end of the filed band
- 0.95Middle of the filed band
- 1.79High end of the filed band
- 2024Worst year filed (1.81)
- 10Years filed
- $5,927,493Premium filed
- $7,182,996Indemnity paid
- $44,255,117Liability insured
- 76,090Quantity planted
- 63,573Quantity lost
- 936Policies
- 936Policies with a loss
- 1.21Loss ratio, whole span
Causes that carried the indemnity in Spencer County
- Excess Moisture/Precipitation/Rain $5,632,062 indemnity · 10 years
- Drought $571,073 indemnity · 6 years
- Decline in Price $399,606 indemnity · 7 years
- Flood $162,212 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $130,337 indemnity · 3 years
- Plant Disease $109,130 indemnity · 4 years
Soybeans 10 years filed
- 0.57Low end of the filed band
- 1.12Middle of the filed band
- 1.85High end of the filed band
- 2015Worst year filed (2.53)
- 10Years filed
- $3,556,957Premium filed
- $4,951,686Indemnity paid
- $45,827,608Liability insured
- 94,864Quantity planted
- 69,148Quantity lost
- 909Policies
- 909Policies with a loss
- 1.39Loss ratio, whole span
Causes that carried the indemnity in Spencer County
- Excess Moisture/Precipitation/Rain $3,089,636 indemnity · 10 years
- Drought $1,127,262 indemnity · 8 years
- Decline in Price $259,619 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $249,043 indemnity · 2 years
- Flood $134,481 indemnity · 6 years
- Insects $33,037 indemnity · 3 years
Every county-crop the agency files in Indiana → Buy the Spencer 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.