Crop-loss band · Kentucky
Lyon County, Kentucky — crop-loss band
- 0.70Low end of the filed band
- 1.69Middle of the filed band
- 2.25High end of the filed band
- 2020Worst year filed (2.69)
- 10Years filed
Every year the Risk Management Agency has filed for Lyon 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 0.70 at the low end to 2.25 at the high end, with 1.69 in the middle. The worst year filed is 2020, at 2.69. 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 | $62,698 | $108,944 | $473,070 | 18 | 18 | 1.74 |
| 2016 | $115,835 | $147,831 | $903,401 | 16 | 16 | 1.28 |
| 2017 | $61,650 | $93,917 | $515,468 | 27 | 25 | 1.52 |
| 2018 | $84,912 | $143,255 | $820,943 | 17 | 17 | 1.69 |
| 2019 | $49,586 | $104,878 | $474,977 | 26 | 26 | 2.12 |
| 2020 | $46,467 | $124,802 | $501,426 | 10 | 10 | 2.69 |
| 2021 | $107,698 | $75,089 | $967,101 | 18 | 18 | 0.70 |
| 2022 | $570,764 | $1,283,036 | $4,956,664 | 42 | 42 | 2.25 |
| 2023 | $121,672 | $137,950 | $994,019 | 22 | 22 | 1.13 |
| 2024 | $428,931 | $852,856 | $3,585,883 | 72 | 72 | 1.99 |
Commodities insured in Lyon 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.
Corn 10 years filed
- 0.11Low end of the filed band
- 1.82Middle of the filed band
- 2.62High end of the filed band
- 2022Worst year filed (2.83)
- 10Years filed
- $882,151Premium filed
- $1,856,832Indemnity paid
- $6,538,542Liability insured
- 10,084Quantity planted
- 9,775Quantity lost
- 90Policies
- 90Policies with a loss
- 2.10Loss ratio, whole span
Causes that carried the indemnity in Lyon County
- Drought $821,732 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $553,120 indemnity · 9 years
- Heat $276,306 indemnity · 1 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $188,278 indemnity · 3 years
- Cold Wet Weather $12,134 indemnity · 1 years
- Decline in Price $5,262 indemnity · 5 years
Soybeans 10 years filed
- 0.42Low end of the filed band
- 1.91Middle of the filed band
- 3.25High end of the filed band
- 2020Worst year filed (4.14)
- 10Years filed
- $768,062Premium filed
- $1,215,726Indemnity paid
- $7,654,410Liability insured
- 17,716Quantity planted
- 17,123Quantity lost
- 178Policies
- 176Policies with a loss
- 1.58Loss ratio, whole span
Causes that carried the indemnity in Lyon County
- Drought $560,198 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $397,065 indemnity · 10 years
- Wildlife $70,389 indemnity · 7 years
- Decline in Price $60,150 indemnity · 5 years
- Heat $57,958 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $28,939 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Lyon 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.