Crop-loss band · Kentucky
Graves County, Kentucky — crop-loss band
- 1.54Low end of the filed band
- 2.87Middle of the filed band
- 3.52High end of the filed band
- 2016Worst year filed (3.65)
- 10Years filed
Every year the Risk Management Agency has filed for Graves 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 1.54 at the low end to 3.52 at the high end, with 2.87 in the middle. The worst year filed is 2016, at 3.65. 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 | $426,882 | $1,451,692 | $5,613,296 | 147 | 147 | 3.40 |
| 2016 | $840,212 | $3,067,985 | $11,186,905 | 285 | 284 | 3.65 |
| 2017 | $914,657 | $1,697,307 | $10,534,080 | 195 | 195 | 1.86 |
| 2018 | $732,732 | $2,025,995 | $8,462,664 | 222 | 222 | 2.77 |
| 2019 | $969,423 | $3,414,275 | $11,496,551 | 273 | 273 | 3.52 |
| 2020 | $735,304 | $2,111,773 | $6,996,894 | 180 | 180 | 2.87 |
| 2021 | $1,129,310 | $1,744,524 | $13,027,965 | 218 | 218 | 1.54 |
| 2022 | $4,140,856 | $13,902,563 | $50,233,328 | 444 | 444 | 3.36 |
| 2023 | $1,818,307 | $5,974,203 | $18,040,658 | 324 | 324 | 3.29 |
| 2024 | $2,218,463 | $4,609,017 | $25,605,968 | 423 | 423 | 2.08 |
Commodities insured in Graves County
7 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.
Corn 10 years filed
- 0.69Low end of the filed band
- 1.70Middle of the filed band
- 3.38High end of the filed band
- 2022Worst year filed (3.83)
- 10Years filed
- $6,947,947Premium filed
- $18,183,863Indemnity paid
- $78,146,155Liability insured
- 123,613Quantity planted
- 107,116Quantity lost
- 923Policies
- 922Policies with a loss
- 2.62Loss ratio, whole span
Causes that carried the indemnity in Graves County
- Drought $9,153,693 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $4,671,435 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,989,882 indemnity · 3 years
- Heat $1,388,384 indemnity · 5 years
- Decline in Price $551,329 indemnity · 7 years
- Flood $192,540 indemnity · 2 years
Soybeans 10 years filed
- 0.98Low end of the filed band
- 1.81Middle of the filed band
- 2.89High end of the filed band
- 2019Worst year filed (3.40)
- 10Years filed
- $3,765,121Premium filed
- $7,758,834Indemnity paid
- $53,104,815Liability insured
- 128,432Quantity planted
- 106,997Quantity lost
- 1,022Policies
- 1,022Policies with a loss
- 2.06Loss ratio, whole span
Causes that carried the indemnity in Graves County
- Excess Moisture/Precipitation/Rain $3,148,329 indemnity · 10 years
- Drought $3,133,231 indemnity · 8 years
- Decline in Price $790,881 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $245,442 indemnity · 2 years
- Wildlife $164,136 indemnity · 10 years
- Heat $94,891 indemnity · 2 years
Fire Cured Tobacco 10 years filed
- 3.41Low end of the filed band
- 7.14Middle of the filed band
- 9.12High end of the filed band
- 2024Worst year filed (10.39)
- 10Years filed
- $1,131,481Premium filed
- $7,212,227Indemnity paid
- $14,731,374Liability insured
- 2,289Quantity planted
- 2,295Quantity lost
- 203Policies
- 203Policies with a loss
- 6.37Loss ratio, whole span
Causes that carried the indemnity in Graves County
- Excess Moisture/Precipitation/Rain $4,548,889 indemnity · 10 years
- Wind/Excess Wind $1,106,924 indemnity · 6 years
- Fire $679,670 indemnity · 9 years
- Drought $201,129 indemnity · 2 years
- Hail $190,438 indemnity · 4 years
- Flood $145,817 indemnity · 2 years
Wheat 10 years filed
- 0.26Low end of the filed band
- 2.76Middle of the filed band
- 4.16High end of the filed band
- 2015Worst year filed (4.79)
- 10Years filed
- $1,041,259Premium filed
- $3,007,552Indemnity paid
- $7,009,352Liability insured
- 31,012Quantity planted
- 30,884Quantity lost
- 171Policies
- 171Policies with a loss
- 2.89Loss ratio, whole span
Causes that carried the indemnity in Graves County
- Excess Moisture/Precipitation/Rain $2,578,187 indemnity · 10 years
- Freeze $180,101 indemnity · 3 years
- Cold Wet Weather $177,159 indemnity · 2 years
- Decline in Price $31,632 indemnity · 2 years
- ARPI/SCO/STAX/MP Crops Only $14,390 indemnity · 3 years
- Cold Winter $8,158 indemnity · 1 years
Dark Air Tobacco 10 years filed
- 2.93Low end of the filed band
- 5.37Middle of the filed band
- 7.19High end of the filed band
- 2015Worst year filed (9.86)
- 10Years filed
- $416,834Premium filed
- $2,360,642Indemnity paid
- $4,535,824Liability insured
- 910Quantity planted
- 911Quantity lost
- 210Policies
- 210Policies with a loss
- 5.66Loss ratio, whole span
Causes that carried the indemnity in Graves County
- Excess Moisture/Precipitation/Rain $1,516,367 indemnity · 9 years
- Wind/Excess Wind $432,522 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $198,051 indemnity · 2 years
- Drought $97,944 indemnity · 2 years
- Plant Disease $89,970 indemnity · 6 years
- Hail $23,249 indemnity · 2 years
Burley Tobacco 10 years filed
- 1.14Low end of the filed band
- 2.68Middle of the filed band
- 4.03High end of the filed band
- 2015Worst year filed (4.94)
- 10Years filed
- $306,110Premium filed
- $817,709Indemnity paid
- $1,628,165Liability insured
- 557Quantity planted
- 557Quantity lost
- 73Policies
- 73Policies with a loss
- 2.67Loss ratio, whole span
Causes that carried the indemnity in Graves County
- Excess Moisture/Precipitation/Rain $505,326 indemnity · 9 years
- Wind/Excess Wind $147,641 indemnity · 3 years
- Hail $86,076 indemnity · 3 years
- Drought $53,806 indemnity · 2 years
- Heat $16,087 indemnity · 1 years
- Plant Disease $8,774 indemnity · 1 years
Pasture,Rangeland,Forage 9 years filed
- 0.93Low end of the filed band
- 1.93Middle of the filed band
- 3.47High end of the filed band
- 2023Worst year filed (3.47)
- 9Years filed
- $317,394Premium filed
- $658,507Indemnity paid
- $2,042,623Liability insured
- 6,771Quantity planted
- 0Quantity lost
- 109Policies
- 109Policies with a loss
- 2.07Loss ratio, whole span
Causes that carried the indemnity in Graves County
- ARPI/SCO/STAX/MP Crops Only $658,507 indemnity · 9 years
Every county-crop the agency files in Kentucky → Buy the Graves 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.