Crop-loss band · Kentucky
Ballard County, Kentucky — crop-loss band
- 0.90Low end of the filed band
- 1.69Middle of the filed band
- 2.84High end of the filed band
- 2015Worst year filed (4.54)
- 10Years filed
Every year the Risk Management Agency has filed for Ballard 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 0.90 at the low end to 2.84 at the high end, with 1.69 in the middle. The worst year filed is 2015, at 4.54. 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 | $556,899 | $2,527,496 | $3,755,519 | 82 | 82 | 4.54 |
| 2016 | $558,277 | $817,109 | $4,988,795 | 110 | 110 | 1.46 |
| 2017 | $583,456 | $1,241,980 | $6,697,438 | 103 | 103 | 2.13 |
| 2018 | $572,647 | $517,943 | $6,099,102 | 88 | 88 | 0.90 |
| 2019 | $972,195 | $2,757,026 | $6,670,215 | 152 | 152 | 2.84 |
| 2020 | $461,718 | $1,045,848 | $4,469,349 | 67 | 67 | 2.27 |
| 2021 | $540,325 | $484,769 | $5,573,076 | 70 | 70 | 0.90 |
| 2022 | $432,429 | $731,256 | $5,222,401 | 68 | 68 | 1.69 |
| 2023 | $1,375,269 | $2,605,254 | $17,278,326 | 153 | 153 | 1.89 |
| 2024 | $658,249 | $940,183 | $7,170,831 | 87 | 87 | 1.43 |
Commodities insured in Ballard County
3 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
- 0.30Low end of the filed band
- 1.84Middle of the filed band
- 2.57High end of the filed band
- 2015Worst year filed (3.42)
- 10Years filed
- $4,271,967Premium filed
- $7,895,714Indemnity paid
- $40,257,459Liability insured
- 73,894Quantity planted
- 54,608Quantity lost
- 481Policies
- 481Policies with a loss
- 1.85Loss ratio, whole span
Causes that carried the indemnity in Ballard County
- Excess Moisture/Precipitation/Rain $5,385,715 indemnity · 10 years
- Drought $1,014,438 indemnity · 5 years
- Flood $652,274 indemnity · 6 years
- Decline in Price $500,188 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $294,918 indemnity · 1 years
- Cold Wet Weather $25,301 indemnity · 2 years
Soybeans 10 years filed
- 0.54Low end of the filed band
- 1.25Middle of the filed band
- 3.52High end of the filed band
- 2015Worst year filed (5.37)
- 10Years filed
- $2,160,841Premium filed
- $4,123,287Indemnity paid
- $25,265,688Liability insured
- 66,166Quantity planted
- 43,671Quantity lost
- 476Policies
- 476Policies with a loss
- 1.91Loss ratio, whole span
Causes that carried the indemnity in Ballard County
- Excess Moisture/Precipitation/Rain $2,241,955 indemnity · 10 years
- Flood $1,118,501 indemnity · 3 years
- Drought $568,157 indemnity · 6 years
- Decline in Price $161,699 indemnity · 4 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $22,436 indemnity · 2 years
- Wildlife $5,369 indemnity · 3 years
Burley Tobacco 10 years filed
- 3.07Low end of the filed band
- 5.34Middle of the filed band
- 10.07High end of the filed band
- 2015Worst year filed (12.02)
- 10Years filed
- $278,656Premium filed
- $1,649,863Indemnity paid
- $2,401,905Liability insured
- 698Quantity planted
- 698Quantity lost
- 23Policies
- 23Policies with a loss
- 5.92Loss ratio, whole span
Causes that carried the indemnity in Ballard County
- Excess Moisture/Precipitation/Rain $1,458,282 indemnity · 9 years
- Drought $191,581 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Ballard 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.