Crop-loss band · Kentucky
Hopkins County, Kentucky — crop-loss band
- 0.86Low end of the filed band
- 1.30Middle of the filed band
- 1.94High end of the filed band
- 2024Worst year filed (1.98)
- 10Years filed
Every year the Risk Management Agency has filed for Hopkins 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 0.86 at the low end to 1.94 at the high end, with 1.30 in the middle. The worst year filed is 2024, at 1.98. 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 | $647,834 | $1,054,900 | $5,827,017 | 103 | 101 | 1.63 |
| 2016 | $873,839 | $1,169,215 | $7,700,603 | 191 | 188 | 1.34 |
| 2017 | $1,370,956 | $1,185,008 | $12,018,694 | 150 | 150 | 0.86 |
| 2018 | $731,908 | $1,423,454 | $8,028,053 | 180 | 179 | 1.94 |
| 2019 | $675,937 | $608,197 | $7,220,878 | 110 | 108 | 0.90 |
| 2020 | $553,617 | $734,425 | $5,615,573 | 92 | 92 | 1.33 |
| 2021 | $1,563,484 | $1,337,863 | $13,920,204 | 145 | 145 | 0.86 |
| 2022 | $465,284 | $604,842 | $4,995,707 | 49 | 49 | 1.30 |
| 2023 | $2,446,015 | $2,135,303 | $24,726,178 | 168 | 168 | 0.87 |
| 2024 | $2,120,166 | $4,192,845 | $19,883,685 | 224 | 224 | 1.98 |
Commodities insured in Hopkins 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.
Soybeans 10 years filed
- 0.68Low end of the filed band
- 1.12Middle of the filed band
- 1.80High end of the filed band
- 2024Worst year filed (2.13)
- 10Years filed
- $6,191,474Premium filed
- $8,340,600Indemnity paid
- $67,746,234Liability insured
- 155,614Quantity planted
- 108,151Quantity lost
- 873Policies
- 868Policies with a loss
- 1.35Loss ratio, whole span
Causes that carried the indemnity in Hopkins County
- Excess Moisture/Precipitation/Rain $4,570,977 indemnity · 10 years
- Drought $2,418,331 indemnity · 9 years
- Decline in Price $501,605 indemnity · 5 years
- Wildlife $307,756 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $249,765 indemnity · 1 years
- Cold Wet Weather $152,914 indemnity · 6 years
Corn 10 years filed
- 0.46Low end of the filed band
- 1.46Middle of the filed band
- 2.69High end of the filed band
- 2015Worst year filed (2.72)
- 10Years filed
- $5,257,566Premium filed
- $6,105,452Indemnity paid
- $42,190,358Liability insured
- 71,506Quantity planted
- 53,461Quantity lost
- 539Policies
- 536Policies with a loss
- 1.16Loss ratio, whole span
Causes that carried the indemnity in Hopkins County
- Excess Moisture/Precipitation/Rain $4,389,595 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $517,097 indemnity · 2 years
- Decline in Price $482,143 indemnity · 7 years
- Drought $406,939 indemnity · 7 years
- Cold Wet Weather $107,941 indemnity · 4 years
- Wildlife $99,371 indemnity · 6 years
Every county-crop the agency files in Kentucky → Buy the Hopkins 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.