Crop-loss band · Kentucky
Bourbon County, Kentucky — crop-loss band
- 1.00Low end of the filed band
- 2.30Middle of the filed band
- 2.68High end of the filed band
- 2015Worst year filed (3.71)
- 10Years filed
Every year the Risk Management Agency has filed for Bourbon 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 1.00 at the low end to 2.68 at the high end, with 2.30 in the middle. The worst year filed is 2015, at 3.71. 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 | $506,675 | $1,880,687 | $2,916,243 | 96 | 96 | 3.71 |
| 2016 | $293,168 | $761,461 | $1,450,060 | 68 | 67 | 2.60 |
| 2017 | $282,105 | $695,897 | $1,237,450 | 62 | 62 | 2.47 |
| 2018 | $403,936 | $1,084,225 | $2,161,808 | 111 | 111 | 2.68 |
| 2019 | $242,716 | $557,847 | $1,116,519 | 70 | 69 | 2.30 |
| 2020 | $203,323 | $327,675 | $1,074,201 | 25 | 24 | 1.61 |
| 2021 | $155,926 | $217,466 | $699,490 | 19 | 19 | 1.39 |
| 2022 | $125,035 | $234,523 | $586,062 | 16 | 16 | 1.88 |
| 2023 | $139,421 | $139,382 | $899,159 | 16 | 16 | 1.00 |
| 2024 | $967,840 | $2,221,485 | $6,690,547 | 115 | 115 | 2.30 |
Commodities insured in Bourbon 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.
Burley Tobacco 10 years filed
- 1.28Low end of the filed band
- 2.31Middle of the filed band
- 2.73High end of the filed band
- 2015Worst year filed (3.95)
- 10Years filed
- $1,874,343Premium filed
- $4,966,350Indemnity paid
- $8,939,681Liability insured
- 3,500Quantity planted
- 3,501Quantity lost
- 322Policies
- 319Policies with a loss
- 2.65Loss ratio, whole span
Causes that carried the indemnity in Bourbon County
- Excess Moisture/Precipitation/Rain $3,017,127 indemnity · 9 years
- Hail $820,699 indemnity · 3 years
- Drought $510,776 indemnity · 8 years
- Plant Disease $205,067 indemnity · 7 years
- Wind/Excess Wind $163,357 indemnity · 6 years
- Heat $76,767 indemnity · 4 years
Soybeans 10 years filed
- 0.64Low end of the filed band
- 2.39Middle of the filed band
- 3.03High end of the filed band
- 2016Worst year filed (3.24)
- 10Years filed
- $917,251Premium filed
- $2,110,037Indemnity paid
- $6,969,947Liability insured
- 17,234Quantity planted
- 16,614Quantity lost
- 167Policies
- 167Policies with a loss
- 2.30Loss ratio, whole span
Causes that carried the indemnity in Bourbon County
- Drought $1,137,954 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $353,825 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $232,344 indemnity · 1 years
- Decline in Price $201,863 indemnity · 5 years
- All Other Causes $94,603 indemnity · 2 years
- Hail $73,676 indemnity · 1 years
Corn 10 years filed
- 1.15Low end of the filed band
- 2.00Middle of the filed band
- 3.59High end of the filed band
- 2021Worst year filed (3.66)
- 10Years filed
- $528,551Premium filed
- $1,044,261Indemnity paid
- $2,921,912Liability insured
- 5,114Quantity planted
- 5,129Quantity lost
- 109Policies
- 109Policies with a loss
- 1.98Loss ratio, whole span
Causes that carried the indemnity in Bourbon County
- Drought $622,155 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $168,687 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $77,755 indemnity · 1 years
- All Other Causes $73,889 indemnity · 2 years
- Decline in Price $66,561 indemnity · 4 years
- Wildlife $19,132 indemnity · 3 years
Every county-crop the agency files in Kentucky → Buy the Bourbon 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.