Crop-loss band · Kentucky
Hickman County, Kentucky — crop-loss band
- 0.59Low end of the filed band
- 2.11Middle of the filed band
- 2.74High end of the filed band
- 2015Worst year filed (2.88)
- 10Years filed
Every year the Risk Management Agency has filed for Hickman 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 0.59 at the low end to 2.74 at the high end, with 2.11 in the middle. The worst year filed is 2015, at 2.88. 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 | $376,161 | $1,082,356 | $3,412,262 | 101 | 101 | 2.88 |
| 2016 | $568,961 | $476,137 | $5,695,504 | 97 | 97 | 0.84 |
| 2017 | $621,185 | $1,368,926 | $5,834,778 | 105 | 105 | 2.20 |
| 2018 | $741,157 | $1,560,413 | $7,547,680 | 102 | 102 | 2.11 |
| 2019 | $1,075,608 | $2,608,772 | $8,250,170 | 167 | 167 | 2.43 |
| 2020 | $601,215 | $1,114,175 | $6,152,010 | 111 | 111 | 1.85 |
| 2021 | $883,866 | $519,389 | $9,705,625 | 80 | 80 | 0.59 |
| 2022 | $3,234,588 | $8,053,336 | $34,384,072 | 195 | 195 | 2.49 |
| 2023 | $822,319 | $2,255,170 | $5,387,359 | 90 | 90 | 2.74 |
| 2024 | $2,294,924 | $4,635,638 | $22,707,526 | 269 | 269 | 2.02 |
Commodities insured in Hickman 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.
Corn 10 years filed
- 0.31Low end of the filed band
- 2.19Middle of the filed band
- 3.22High end of the filed band
- 2017Worst year filed (3.33)
- 10Years filed
- $6,304,562Premium filed
- $14,245,055Indemnity paid
- $55,281,967Liability insured
- 90,343Quantity planted
- 72,205Quantity lost
- 594Policies
- 594Policies with a loss
- 2.26Loss ratio, whole span
Causes that carried the indemnity in Hickman County
- Drought $5,853,385 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $4,527,201 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,854,509 indemnity · 3 years
- Flood $1,060,381 indemnity · 7 years
- Heat $466,198 indemnity · 5 years
- Decline in Price $275,570 indemnity · 8 years
Soybeans 10 years filed
- 0.68Low end of the filed band
- 1.56Middle of the filed band
- 2.93High end of the filed band
- 2023Worst year filed (4.58)
- 10Years filed
- $4,459,060Premium filed
- $8,271,595Indemnity paid
- $50,978,681Liability insured
- 117,064Quantity planted
- 84,983Quantity lost
- 663Policies
- 663Policies with a loss
- 1.86Loss ratio, whole span
Causes that carried the indemnity in Hickman County
- Excess Moisture/Precipitation/Rain $3,028,832 indemnity · 10 years
- Drought $2,583,123 indemnity · 5 years
- Flood $960,707 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $740,646 indemnity · 2 years
- Decline in Price $487,364 indemnity · 4 years
- Heat $389,839 indemnity · 3 years
Wheat 10 years filed
- 0.43Low end of the filed band
- 2.62Middle of the filed band
- 3.72High end of the filed band
- 2021Worst year filed (4.20)
- 10Years filed
- $456,362Premium filed
- $1,157,662Indemnity paid
- $2,816,338Liability insured
- 10,360Quantity planted
- 10,363Quantity lost
- 60Policies
- 60Policies with a loss
- 2.54Loss ratio, whole span
Causes that carried the indemnity in Hickman County
- Excess Moisture/Precipitation/Rain $1,062,953 indemnity · 9 years
- Cold Wet Weather $50,070 indemnity · 3 years
- Drought $26,886 indemnity · 2 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $12,058 indemnity · 1 years
- Decline in Price $3,894 indemnity · 3 years
- Flood $1,801 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Hickman 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.