Crop-loss band · Kentucky
Meade County, Kentucky — crop-loss band
- 0.62Low end of the filed band
- 1.71Middle of the filed band
- 2.39High end of the filed band
- 2015Worst year filed (3.19)
- 10Years filed
Every year the Risk Management Agency has filed for Meade 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 0.62 at the low end to 2.39 at the high end, with 1.71 in the middle. The worst year filed is 2015, at 3.19. 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 | $60,627 | $193,293 | $578,104 | 16 | 16 | 3.19 |
| 2016 | $198,836 | $340,596 | $1,989,980 | 40 | 40 | 1.71 |
| 2017 | $383,840 | $918,570 | $4,238,621 | 63 | 63 | 2.39 |
| 2018 | $145,344 | $209,231 | $1,346,671 | 34 | 34 | 1.44 |
| 2019 | $924,508 | $1,677,058 | $9,325,987 | 133 | 133 | 1.81 |
| 2020 | $201,281 | $364,228 | $1,735,976 | 43 | 43 | 1.81 |
| 2021 | $195,100 | $120,980 | $1,717,570 | 27 | 27 | 0.62 |
| 2022 | $987,162 | $1,455,038 | $8,456,565 | 88 | 88 | 1.47 |
| 2023 | $255,601 | $303,669 | $2,374,514 | 25 | 25 | 1.19 |
| 2024 | $748,273 | $1,451,839 | $7,930,687 | 125 | 125 | 1.94 |
Commodities insured in Meade 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
- 0.16Low end of the filed band
- 1.24Middle of the filed band
- 2.25High end of the filed band
- 2015Worst year filed (3.00)
- 10Years filed
- $1,732,014Premium filed
- $2,757,488Indemnity paid
- $17,789,593Liability insured
- 40,321Quantity planted
- 34,989Quantity lost
- 290Policies
- 290Policies with a loss
- 1.59Loss ratio, whole span
Causes that carried the indemnity in Meade County
- Drought $1,685,393 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $675,695 indemnity · 10 years
- Decline in Price $207,249 indemnity · 5 years
- ARPI/SCO/STAX/MP Crops Only $104,058 indemnity · 2 years
- Cold Wet Weather $21,106 indemnity · 4 years
- Frost $14,019 indemnity · 2 years
Corn 10 years filed
- 0.18Low end of the filed band
- 1.05Middle of the filed band
- 1.83High end of the filed band
- 2015Worst year filed (2.17)
- 10Years filed
- $1,792,524Premium filed
- $2,245,458Indemnity paid
- $16,599,320Liability insured
- 25,920Quantity planted
- 23,112Quantity lost
- 189Policies
- 189Policies with a loss
- 1.25Loss ratio, whole span
Causes that carried the indemnity in Meade County
- Drought $1,288,768 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $631,960 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $111,011 indemnity · 2 years
- Decline in Price $107,931 indemnity · 4 years
- Heat $90,499 indemnity · 2 years
- Cold Wet Weather $9,290 indemnity · 3 years
Burley Tobacco 10 years filed
- 1.08Low end of the filed band
- 3.79Middle of the filed band
- 6.60High end of the filed band
- 2015Worst year filed (10.24)
- 10Years filed
- $302,651Premium filed
- $1,443,974Indemnity paid
- $3,473,694Liability insured
- 1,173Quantity planted
- 1,179Quantity lost
- 64Policies
- 64Policies with a loss
- 4.77Loss ratio, whole span
Causes that carried the indemnity in Meade County
- Excess Moisture/Precipitation/Rain $1,023,159 indemnity · 8 years
- Drought $162,429 indemnity · 5 years
- Wind/Excess Wind $119,947 indemnity · 3 years
- ARPI/SCO/STAX/MP Crops Only $67,539 indemnity · 3 years
- Other (Snow, Lightning, Etc.) $55,328 indemnity · 1 years
- Hail $12,291 indemnity · 1 years
Wheat 9 years filed
- 0.47Low end of the filed band
- 2.11Middle of the filed band
- 4.32High end of the filed band
- 2022Worst year filed (4.32)
- 9Years filed
- $273,383Premium filed
- $587,582Indemnity paid
- $1,832,068Liability insured
- 5,921Quantity planted
- 5,949Quantity lost
- 51Policies
- 51Policies with a loss
- 2.15Loss ratio, whole span
Causes that carried the indemnity in Meade County
- Excess Moisture/Precipitation/Rain $345,897 indemnity · 8 years
- Freeze $96,435 indemnity · 1 years
- Flood $55,597 indemnity · 1 years
- Cold Winter $42,648 indemnity · 2 years
- Decline in Price $28,946 indemnity · 1 years
- Drought $10,706 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Meade 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.