Crop-loss band · Kentucky
Hardin County, Kentucky — crop-loss band
- 1.57Low end of the filed band
- 2.18Middle of the filed band
- 2.77High end of the filed band
- 2015Worst year filed (3.29)
- 10Years filed
Every year the Risk Management Agency has filed for Hardin 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 1.57 at the low end to 2.77 at the high end, with 2.18 in the middle. The worst year filed is 2015, at 3.29. 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 | $141,083 | $464,545 | $1,129,323 | 44 | 43 | 3.29 |
| 2016 | $515,475 | $1,037,034 | $4,673,673 | 105 | 99 | 2.01 |
| 2017 | $371,552 | $640,312 | $3,393,084 | 54 | 54 | 1.72 |
| 2018 | $405,726 | $1,054,873 | $3,987,413 | 75 | 75 | 2.60 |
| 2019 | $1,508,344 | $4,175,796 | $15,738,765 | 248 | 248 | 2.77 |
| 2020 | $245,465 | $656,678 | $2,242,485 | 79 | 79 | 2.68 |
| 2021 | $380,616 | $595,652 | $3,437,604 | 78 | 78 | 1.57 |
| 2022 | $732,122 | $1,697,576 | $6,737,406 | 81 | 81 | 2.32 |
| 2023 | $501,114 | $1,094,567 | $5,385,885 | 74 | 74 | 2.18 |
| 2024 | $2,119,487 | $4,624,499 | $20,664,287 | 236 | 236 | 2.18 |
Commodities insured in Hardin County
4 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
- 0.68Low end of the filed band
- 1.91Middle of the filed band
- 2.81High end of the filed band
- 2015Worst year filed (4.06)
- 10Years filed
- $3,965,862Premium filed
- $8,748,329Indemnity paid
- $41,077,591Liability insured
- 94,507Quantity planted
- 87,886Quantity lost
- 595Policies
- 594Policies with a loss
- 2.21Loss ratio, whole span
Causes that carried the indemnity in Hardin County
- Drought $4,806,335 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $2,349,496 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $632,738 indemnity · 3 years
- Decline in Price $539,336 indemnity · 4 years
- Wildlife $219,577 indemnity · 7 years
- Cold Wet Weather $90,354 indemnity · 3 years
Corn 10 years filed
- 0.80Low end of the filed band
- 1.65Middle of the filed band
- 2.49High end of the filed band
- 2020Worst year filed (3.24)
- 10Years filed
- $2,180,726Premium filed
- $4,325,104Indemnity paid
- $20,867,841Liability insured
- 37,162Quantity planted
- 34,210Quantity lost
- 298Policies
- 292Policies with a loss
- 1.98Loss ratio, whole span
Causes that carried the indemnity in Hardin County
- Drought $2,415,857 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $1,718,299 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $81,087 indemnity · 1 years
- Decline in Price $75,132 indemnity · 6 years
- Wind/Excess Wind $12,293 indemnity · 1 years
- Heat $8,955 indemnity · 2 years
Burley Tobacco 10 years filed
- 1.20Low end of the filed band
- 3.66Middle of the filed band
- 5.30High end of the filed band
- 2017Worst year filed (6.47)
- 10Years filed
- $424,611Premium filed
- $1,768,983Indemnity paid
- $3,224,387Liability insured
- 1,211Quantity planted
- 1,213Quantity lost
- 83Policies
- 83Policies with a loss
- 4.17Loss ratio, whole span
Causes that carried the indemnity in Hardin County
- Excess Moisture/Precipitation/Rain $1,354,265 indemnity · 9 years
- Drought $184,569 indemnity · 5 years
- Heat $126,936 indemnity · 1 years
- ARPI/SCO/STAX/MP Crops Only $98,847 indemnity · 2 years
- Flood $4,366 indemnity · 1 years
Wheat 10 years filed
- 2.49Low end of the filed band
- 3.12Middle of the filed band
- 3.79High end of the filed band
- 2021Worst year filed (5.27)
- 10Years filed
- $349,785Premium filed
- $1,199,116Indemnity paid
- $2,220,106Liability insured
- 8,579Quantity planted
- 8,585Quantity lost
- 98Policies
- 98Policies with a loss
- 3.43Loss ratio, whole span
Causes that carried the indemnity in Hardin County
- Excess Moisture/Precipitation/Rain $880,515 indemnity · 9 years
- Freeze $124,266 indemnity · 2 years
- Decline in Price $48,674 indemnity · 2 years
- Cold Winter $39,121 indemnity · 1 years
- Cold Wet Weather $35,364 indemnity · 5 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $27,583 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Hardin 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.