Crop-loss band · Kentucky
Fulton County, Kentucky — crop-loss band
- 0.67Low end of the filed band
- 1.59Middle of the filed band
- 3.22High end of the filed band
- 2019Worst year filed (3.56)
- 10Years filed
Every year the Risk Management Agency has filed for Fulton 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 0.67 at the low end to 3.22 at the high end, with 1.59 in the middle. The worst year filed is 2019, at 3.56. 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 | $1,044,484 | $3,358,230 | $8,595,546 | 188 | 188 | 3.22 |
| 2016 | $470,425 | $624,463 | $4,152,429 | 104 | 104 | 1.33 |
| 2017 | $645,685 | $1,029,379 | $5,697,102 | 134 | 134 | 1.59 |
| 2018 | $442,314 | $717,294 | $4,246,180 | 119 | 119 | 1.62 |
| 2019 | $1,340,964 | $4,776,912 | $8,630,098 | 255 | 255 | 3.56 |
| 2020 | $698,032 | $1,321,872 | $5,899,816 | 134 | 134 | 1.89 |
| 2021 | $1,149,007 | $769,295 | $9,902,831 | 106 | 106 | 0.67 |
| 2022 | $2,285,188 | $3,533,578 | $19,304,938 | 192 | 192 | 1.55 |
| 2023 | $1,336,354 | $1,713,374 | $9,226,566 | 105 | 105 | 1.28 |
| 2024 | $2,327,348 | $5,643,512 | $22,564,770 | 330 | 330 | 2.42 |
Commodities insured in Fulton 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.
Soybeans 10 years filed
- 0.63Low end of the filed band
- 1.14Middle of the filed band
- 3.31High end of the filed band
- 2019Worst year filed (3.74)
- 10Years filed
- $6,967,966Premium filed
- $14,076,664Indemnity paid
- $64,266,420Liability insured
- 162,383Quantity planted
- 118,171Quantity lost
- 1,021Policies
- 1,021Policies with a loss
- 2.02Loss ratio, whole span
Causes that carried the indemnity in Fulton County
- Excess Moisture/Precipitation/Rain $5,090,124 indemnity · 10 years
- Flood $4,661,191 indemnity · 7 years
- Drought $2,409,726 indemnity · 6 years
- Decline in Price $796,984 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $466,743 indemnity · 1 years
- Heat $352,426 indemnity · 2 years
Corn 10 years filed
- 0.42Low end of the filed band
- 2.03Middle of the filed band
- 2.37High end of the filed band
- 2019Worst year filed (3.15)
- 10Years filed
- $4,134,474Premium filed
- $7,751,731Indemnity paid
- $30,656,212Liability insured
- 56,211Quantity planted
- 47,094Quantity lost
- 531Policies
- 531Policies with a loss
- 1.87Loss ratio, whole span
Causes that carried the indemnity in Fulton County
- Excess Moisture/Precipitation/Rain $4,331,342 indemnity · 10 years
- Drought $1,458,919 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $923,853 indemnity · 3 years
- Flood $368,065 indemnity · 4 years
- Heat $312,851 indemnity · 2 years
- Decline in Price $124,504 indemnity · 5 years
Wheat 10 years filed
- 0.43Low end of the filed band
- 2.78Middle of the filed band
- 3.53High end of the filed band
- 2019Worst year filed (4.06)
- 10Years filed
- $637,361Premium filed
- $1,659,514Indemnity paid
- $3,297,644Liability insured
- 15,105Quantity planted
- 15,105Quantity lost
- 115Policies
- 115Policies with a loss
- 2.60Loss ratio, whole span
Causes that carried the indemnity in Fulton County
- Excess Moisture/Precipitation/Rain $1,454,746 indemnity · 9 years
- Flood $84,807 indemnity · 3 years
- Drought $82,558 indemnity · 1 years
- Cold Wet Weather $20,576 indemnity · 4 years
- Decline in Price $13,187 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $3,641 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Fulton 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.