Crop-loss band · Kentucky
Fayette County, Kentucky — crop-loss band
- 0.72Low end of the filed band
- 1.71Middle of the filed band
- 3.21High end of the filed band
- 2018Worst year filed (3.54)
- 10Years filed
Every year the Risk Management Agency has filed for Fayette 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 0.72 at the low end to 3.21 at the high end, with 1.71 in the middle. The worst year filed is 2018, at 3.54. 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 | $121,286 | $311,679 | $991,845 | 22 | 22 | 2.57 |
| 2016 | $148,056 | $475,655 | $1,171,871 | 36 | 36 | 3.21 |
| 2017 | $100,711 | $184,205 | $692,854 | 10 | 10 | 1.83 |
| 2018 | $209,143 | $739,399 | $1,618,363 | 34 | 34 | 3.54 |
| 2019 | $96,710 | $234,080 | $701,580 | 26 | 26 | 2.42 |
| 2020 | $86,676 | $137,666 | $588,959 | 12 | 12 | 1.59 |
| 2021 | $117,329 | $84,912 | $895,938 | 14 | 14 | 0.72 |
| 2022 | $55,057 | $94,219 | $401,074 | 10 | 10 | 1.71 |
| 2023 | $30,665 | $51,749 | $223,294 | 7 | 7 | 1.69 |
| 2024 | $369,109 | $622,709 | $2,704,818 | 68 | 68 | 1.69 |
Commodities insured in Fayette 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 9 years filed
- 1.43Low end of the filed band
- 3.01Middle of the filed band
- 4.19High end of the filed band
- 2016Worst year filed (4.19)
- 9Years filed
- $611,849Premium filed
- $1,945,686Indemnity paid
- $4,943,836Liability insured
- 1,719Quantity planted
- 1,729Quantity lost
- 111Policies
- 111Policies with a loss
- 3.18Loss ratio, whole span
Causes that carried the indemnity in Fayette County
- Excess Moisture/Precipitation/Rain $1,457,286 indemnity · 8 years
- Drought $269,072 indemnity · 6 years
- Wind/Excess Wind $73,514 indemnity · 4 years
- Plant Disease $45,038 indemnity · 2 years
- Cold Wet Weather $42,026 indemnity · 1 years
- House burn (Pole burn) $34,576 indemnity · 1 years
Soybeans 10 years filed
- 0.05Low end of the filed band
- 1.18Middle of the filed band
- 1.81High end of the filed band
- 2024Worst year filed (2.35)
- 10Years filed
- $358,028Premium filed
- $528,104Indemnity paid
- $2,918,104Liability insured
- 6,492Quantity planted
- 5,940Quantity lost
- 67Policies
- 67Policies with a loss
- 1.48Loss ratio, whole span
Causes that carried the indemnity in Fayette County
- Drought $205,253 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $122,852 indemnity · 9 years
- Decline in Price $119,103 indemnity · 4 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $50,367 indemnity · 1 years
- Cold Wet Weather $17,532 indemnity · 1 years
- All Other Causes $12,996 indemnity · 2 years
Corn 8 years filed
- 0.09Low end of the filed band
- 1.11Middle of the filed band
- 1.97High end of the filed band
- 2015Worst year filed (1.97)
- 8Years filed
- $364,865Premium filed
- $462,483Indemnity paid
- $2,128,656Liability insured
- 3,459Quantity planted
- 3,408Quantity lost
- 61Policies
- 61Policies with a loss
- 1.27Loss ratio, whole span
Causes that carried the indemnity in Fayette County
- Drought $196,037 indemnity · 4 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $92,690 indemnity · 1 years
- Decline in Price $73,008 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $32,877 indemnity · 3 years
- All Other Causes $28,908 indemnity · 1 years
- Hail $20,722 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Fayette 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.