Franklin County, Kentucky — crop-loss band

What stands out

Between its 2023 and 2024 filings its loss ratio rose from 1.34 to 3.50 and its premium rose from $49,135 to $85,339.
Its middle loss ratio of 2.84 ranks 13th highest of the 70 counties in Kentucky with a filed crop-loss record.
Its 2 commodities are the fewest of Kentucky’s 70 county records; the most is 7.
Across its 10 filed years it paid $1,805,470 of indemnity on $635,062 of premium, a loss ratio of 2.84.
Every one of its 10 filed years ran a loss ratio above 1.0; its lowest was 1.34 in 2023 and its highest 3.95 in 2016.

Every line is computed by formula from this county’s own filed figures; nothing is estimated.

Year	Premium	Indemnity	Liability	Policies	Policies with a loss	Loss ratio
2015	$56,900	$183,880	$428,767	13	13	3.23
2016	$84,154	$332,370	$547,178	19	19	3.95
2017	$74,934	$231,873	$501,990	26	26	3.09
2018	$82,093	$255,985	$643,236	21	21	3.12
2019	$55,221	$105,679	$241,896	8	8	1.91
2020	$27,880	$79,146	$177,147	8	8	2.84
2021	$74,640	$184,276	$477,125	11	11	2.47
2022	$44,766	$67,631	$321,087	3	3	1.51
2023	$49,135	$65,963	$477,359	4	4	1.34
2024	$85,339	$298,667	$735,738	11	11	3.50

Commodity	Years	Low	Middle	High	Worst year	Whole span
Burley Tobacco	8	1.92	3.92	5.47	2022 (5.47)	3.55
Soybeans	10	0.34	1.25	3.41	2024 (3.50)	1.92

Commodity	Premium	Indemnity	Liability	Planted	Lost	Policies	With a loss
Burley Tobacco	$359,214	$1,276,448	$2,093,861	881	911	71	71
Soybeans	$275,848	$529,022	$2,457,662	5,082	4,414	53	53