Crop-loss band · Kentucky
Nelson County, Kentucky — crop-loss band
- 0.80Low end of the filed band
- 1.95Middle of the filed band
- 2.38High end of the filed band
- 2019Worst year filed (2.63)
- 10Years filed
Every year the Risk Management Agency has filed for Nelson 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 0.80 at the low end to 2.38 at the high end, with 1.95 in the middle. The worst year filed is 2019, at 2.63. 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 | $267,321 | $464,433 | $2,634,225 | 46 | 46 | 1.74 |
| 2016 | $608,807 | $1,189,459 | $5,390,905 | 71 | 67 | 1.95 |
| 2017 | $402,016 | $465,387 | $3,907,673 | 37 | 37 | 1.16 |
| 2018 | $439,582 | $1,007,961 | $4,697,770 | 60 | 60 | 2.29 |
| 2019 | $784,059 | $2,060,570 | $7,461,826 | 104 | 103 | 2.63 |
| 2020 | $345,628 | $602,750 | $3,535,067 | 37 | 37 | 1.74 |
| 2021 | $273,676 | $539,567 | $2,116,749 | 26 | 26 | 1.97 |
| 2022 | $294,392 | $700,780 | $2,689,195 | 33 | 33 | 2.38 |
| 2023 | $1,065,725 | $852,699 | $9,633,744 | 64 | 64 | 0.80 |
| 2024 | $1,437,431 | $2,865,048 | $13,434,671 | 105 | 105 | 1.99 |
Commodities insured in Nelson 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
- 0.45Low end of the filed band
- 1.77Middle of the filed band
- 2.79High end of the filed band
- 2019Worst year filed (2.81)
- 10Years filed
- $2,317,332Premium filed
- $4,459,512Indemnity paid
- $23,803,061Liability insured
- 57,757Quantity planted
- 44,103Quantity lost
- 284Policies
- 281Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Nelson County
- Drought $2,361,787 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $1,407,748 indemnity · 10 years
- Flood $239,581 indemnity · 5 years
- ARPI/SCO/STAX/MP Crops Only $200,489 indemnity · 2 years
- Decline in Price $99,775 indemnity · 4 years
- Wildlife $65,851 indemnity · 4 years
Corn 10 years filed
- 0.33Low end of the filed band
- 1.08Middle of the filed band
- 1.88High end of the filed band
- 2019Worst year filed (2.17)
- 10Years filed
- $3,096,056Premium filed
- $4,082,626Indemnity paid
- $27,000,072Liability insured
- 43,911Quantity planted
- 34,709Quantity lost
- 204Policies
- 203Policies with a loss
- 1.32Loss ratio, whole span
Causes that carried the indemnity in Nelson County
- Drought $1,848,742 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $1,370,719 indemnity · 9 years
- Flood $267,804 indemnity · 5 years
- Decline in Price $246,720 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $208,356 indemnity · 2 years
- Wind/Excess Wind $116,524 indemnity · 3 years
Burley Tobacco 10 years filed
- 1.91Low end of the filed band
- 3.69Middle of the filed band
- 6.29High end of the filed band
- 2016Worst year filed (6.66)
- 10Years filed
- $505,249Premium filed
- $2,206,516Indemnity paid
- $4,698,692Liability insured
- 1,574Quantity planted
- 1,592Quantity lost
- 95Policies
- 94Policies with a loss
- 4.37Loss ratio, whole span
Causes that carried the indemnity in Nelson County
- Excess Moisture/Precipitation/Rain $1,377,714 indemnity · 10 years
- Drought $479,953 indemnity · 7 years
- Wind/Excess Wind $137,116 indemnity · 6 years
- Plant Disease $80,053 indemnity · 2 years
- Hail $53,137 indemnity · 1 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $50,358 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Nelson 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.