Crop-loss band · Kentucky
Franklin County, Kentucky — crop-loss band
- 1.34Low end of the filed band
- 2.84Middle of the filed band
- 3.50High end of the filed band
- 2016Worst year filed (3.95)
- 10Years filed
Every year the Risk Management Agency has filed for Franklin 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 1.34 at the low end to 3.50 at the high end, with 2.84 in the middle. The worst year filed is 2016, at 3.95. 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 | $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 |
Commodities insured in Franklin 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.
Burley Tobacco 8 years filed
- 1.92Low end of the filed band
- 3.92Middle of the filed band
- 5.47High end of the filed band
- 2022Worst year filed (5.47)
- 8Years filed
- $359,214Premium filed
- $1,276,448Indemnity paid
- $2,093,861Liability insured
- 881Quantity planted
- 911Quantity lost
- 71Policies
- 71Policies with a loss
- 3.55Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Excess Moisture/Precipitation/Rain $991,114 indemnity · 8 years
- Drought $192,284 indemnity · 3 years
- Wind/Excess Wind $30,747 indemnity · 1 years
- Plant Disease $26,957 indemnity · 1 years
- House burn (Pole burn) $23,979 indemnity · 2 years
- Heat $11,368 indemnity · 1 years
Soybeans 10 years filed
- 0.34Low end of the filed band
- 1.25Middle of the filed band
- 3.41High end of the filed band
- 2024Worst year filed (3.50)
- 10Years filed
- $275,848Premium filed
- $529,022Indemnity paid
- $2,457,662Liability insured
- 5,082Quantity planted
- 4,414Quantity lost
- 53Policies
- 53Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Drought $335,017 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $165,549 indemnity · 9 years
- Decline in Price $13,563 indemnity · 2 years
- Wildlife $12,200 indemnity · 4 years
- Cold Wet Weather $1,424 indemnity · 1 years
- Insects $1,268 indemnity · 2 years
Every county-crop the agency files in Kentucky → Buy the Franklin 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.