Crop-loss band · Kentucky
Marion County, Kentucky — crop-loss band
- 0.97Low end of the filed band
- 2.09Middle of the filed band
- 3.41High end of the filed band
- 2015Worst year filed (3.80)
- 10Years filed
Every year the Risk Management Agency has filed for Marion 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 0.97 at the low end to 3.41 at the high end, with 2.09 in the middle. The worst year filed is 2015, at 3.80. 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 | $276,250 | $1,049,884 | $2,991,323 | 50 | 50 | 3.80 |
| 2016 | $403,007 | $1,213,211 | $3,984,908 | 52 | 51 | 3.01 |
| 2017 | $399,025 | $894,447 | $4,028,219 | 58 | 58 | 2.24 |
| 2018 | $395,160 | $1,348,366 | $4,534,213 | 83 | 83 | 3.41 |
| 2019 | $712,590 | $2,075,884 | $7,036,457 | 124 | 123 | 2.91 |
| 2020 | $141,558 | $295,828 | $1,266,421 | 37 | 37 | 2.09 |
| 2021 | $160,387 | $302,590 | $1,253,485 | 38 | 38 | 1.89 |
| 2022 | $907,533 | $1,286,675 | $7,559,166 | 88 | 88 | 1.42 |
| 2023 | $326,241 | $315,270 | $3,183,482 | 31 | 31 | 0.97 |
| 2024 | $1,173,746 | $2,213,406 | $10,664,582 | 169 | 169 | 1.89 |
Commodities insured in Marion 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.
Soybeans 10 years filed
- 0.70Low end of the filed band
- 1.72Middle of the filed band
- 3.09High end of the filed band
- 2019Worst year filed (3.46)
- 10Years filed
- $2,288,624Premium filed
- $4,675,365Indemnity paid
- $24,499,688Liability insured
- 52,891Quantity planted
- 40,871Quantity lost
- 341Policies
- 340Policies with a loss
- 2.04Loss ratio, whole span
Causes that carried the indemnity in Marion County
- Drought $1,879,621 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $1,875,035 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $564,808 indemnity · 2 years
- Decline in Price $148,932 indemnity · 5 years
- Wildlife $90,385 indemnity · 8 years
- Hail $38,551 indemnity · 2 years
Burley Tobacco 10 years filed
- 2.09Low end of the filed band
- 3.56Middle of the filed band
- 6.21High end of the filed band
- 2015Worst year filed (7.52)
- 10Years filed
- $719,900Premium filed
- $3,467,653Indemnity paid
- $6,658,329Liability insured
- 2,303Quantity planted
- 2,313Quantity lost
- 191Policies
- 191Policies with a loss
- 4.82Loss ratio, whole span
Causes that carried the indemnity in Marion County
- Excess Moisture/Precipitation/Rain $2,701,636 indemnity · 10 years
- Drought $340,676 indemnity · 5 years
- Wind/Excess Wind $260,974 indemnity · 7 years
- Hail $61,593 indemnity · 2 years
- Plant Disease $57,705 indemnity · 4 years
- House burn (Pole burn) $19,564 indemnity · 3 years
Corn 10 years filed
- 0.18Low end of the filed band
- 1.56Middle of the filed band
- 1.93High end of the filed band
- 2015Worst year filed (2.11)
- 10Years filed
- $1,886,973Premium filed
- $2,852,543Indemnity paid
- $15,344,239Liability insured
- 23,273Quantity planted
- 18,774Quantity lost
- 198Policies
- 197Policies with a loss
- 1.51Loss ratio, whole span
Causes that carried the indemnity in Marion County
- Drought $1,423,984 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $670,586 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $331,459 indemnity · 3 years
- Decline in Price $181,393 indemnity · 2 years
- Wildlife $95,473 indemnity · 4 years
- Wind/Excess Wind $70,970 indemnity · 3 years
Every county-crop the agency files in Kentucky → Buy the Marion 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.