Crop-loss band · Kentucky
Mercer County, Kentucky — crop-loss band
- 0.58Low end of the filed band
- 1.87Middle of the filed band
- 3.47High end of the filed band
- 2015Worst year filed (3.73)
- 10Years filed
Every year the Risk Management Agency has filed for Mercer County is in the series below, from 2015 to 2022. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 0.58 at the low end to 3.47 at the high end, with 1.87 in the middle. The worst year filed is 2015, at 3.73. 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 | $90,245 | $336,830 | $791,201 | 21 | 21 | 3.73 |
| 2016 | $201,357 | $372,675 | $1,539,532 | 35 | 35 | 1.85 |
| 2017 | $167,150 | $397,388 | $1,173,709 | 19 | 19 | 2.38 |
| 2018 | $117,519 | $408,252 | $925,904 | 26 | 26 | 3.47 |
| 2019 | $158,179 | $437,189 | $1,242,908 | 35 | 35 | 2.76 |
| 2020 | $120,724 | $193,510 | $991,697 | 19 | 19 | 1.60 |
| 2021 | $195,050 | $113,725 | $1,273,744 | 15 | 15 | 0.58 |
| 2022 | $398,823 | $436,447 | $3,290,433 | 26 | 26 | 1.09 |
| 2023 | $524,300 | $981,007 | $3,637,611 | 39 | 39 | 1.87 |
| 2024 | $1,364,721 | $4,681,757 | $10,258,475 | 119 | 119 | 3.43 |
Commodities insured in Mercer 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 9 years filed
- 0.15Low end of the filed band
- 1.61Middle of the filed band
- 3.56High end of the filed band
- 2024Worst year filed (3.56)
- 9Years filed
- $1,522,861Premium filed
- $3,891,619Indemnity paid
- $10,595,224Liability insured
- 13,246Quantity planted
- 12,666Quantity lost
- 121Policies
- 121Policies with a loss
- 2.56Loss ratio, whole span
Causes that carried the indemnity in Mercer County
- Drought $2,523,747 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $654,823 indemnity · 3 years
- Wind/Excess Wind $312,972 indemnity · 2 years
- Decline in Price $210,165 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $102,785 indemnity · 6 years
- Freeze $38,484 indemnity · 1 years
Soybeans 10 years filed
- 0.21Low end of the filed band
- 1.27Middle of the filed band
- 3.21High end of the filed band
- 2018Worst year filed (3.30)
- 10Years filed
- $1,275,822Premium filed
- $2,882,818Indemnity paid
- $11,144,115Liability insured
- 21,845Quantity planted
- 15,836Quantity lost
- 154Policies
- 154Policies with a loss
- 2.26Loss ratio, whole span
Causes that carried the indemnity in Mercer County
- Drought $1,792,066 indemnity · 4 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $636,094 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $341,946 indemnity · 10 years
- Decline in Price $48,335 indemnity · 4 years
- All Other Causes $41,191 indemnity · 2 years
- Cold Wet Weather $10,271 indemnity · 1 years
Burley Tobacco 8 years filed
- 1.29Low end of the filed band
- 2.70Middle of the filed band
- 4.21High end of the filed band
- 2018Worst year filed (4.21)
- 8Years filed
- $539,385Premium filed
- $1,584,343Indemnity paid
- $3,385,875Liability insured
- 1,173Quantity planted
- 1,174Quantity lost
- 79Policies
- 79Policies with a loss
- 2.94Loss ratio, whole span
Causes that carried the indemnity in Mercer County
- Excess Moisture/Precipitation/Rain $912,875 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $215,065 indemnity · 4 years
- Flood $210,048 indemnity · 2 years
- Wind/Excess Wind $65,411 indemnity · 1 years
- Fire $49,485 indemnity · 1 years
- Drought $45,588 indemnity · 2 years
Every county-crop the agency files in Kentucky → Buy the Mercer 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.