Crop-loss band · Kentucky
Taylor County, Kentucky — crop-loss band
- 1.64Low end of the filed band
- 2.84Middle of the filed band
- 5.03High end of the filed band
- 2018Worst year filed (5.17)
- 10Years filed
Every year the Risk Management Agency has filed for Taylor 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 1.64 at the low end to 5.03 at the high end, with 2.84 in the middle. The worst year filed is 2018, at 5.17. 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 | $322,388 | $1,441,862 | $3,035,718 | 58 | 58 | 4.47 |
| 2016 | $433,787 | $2,180,912 | $3,801,970 | 39 | 39 | 5.03 |
| 2017 | $521,288 | $1,820,415 | $4,375,224 | 57 | 57 | 3.49 |
| 2018 | $643,303 | $3,328,386 | $5,811,640 | 64 | 64 | 5.17 |
| 2019 | $704,090 | $2,231,853 | $5,556,630 | 63 | 63 | 3.17 |
| 2020 | $427,458 | $1,013,155 | $2,503,252 | 38 | 38 | 2.37 |
| 2021 | $303,355 | $567,007 | $2,350,366 | 41 | 41 | 1.87 |
| 2022 | $317,927 | $904,098 | $2,957,811 | 50 | 50 | 2.84 |
| 2023 | $320,161 | $523,930 | $2,439,607 | 33 | 33 | 1.64 |
| 2024 | $1,060,587 | $2,841,060 | $12,341,088 | 125 | 125 | 2.68 |
Commodities insured in Taylor 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.
Burley Tobacco 10 years filed
- 2.26Low end of the filed band
- 3.53Middle of the filed band
- 6.36High end of the filed band
- 2015Worst year filed (8.01)
- 10Years filed
- $1,922,363Premium filed
- $8,826,803Indemnity paid
- $13,071,949Liability insured
- 4,097Quantity planted
- 4,133Quantity lost
- 199Policies
- 199Policies with a loss
- 4.59Loss ratio, whole span
Causes that carried the indemnity in Taylor County
- Excess Moisture/Precipitation/Rain $7,171,612 indemnity · 10 years
- Drought $938,833 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $471,293 indemnity · 4 years
- Wind/Excess Wind $150,843 indemnity · 4 years
- Plant Disease $50,682 indemnity · 1 years
- Heat $22,782 indemnity · 1 years
Soybeans 10 years filed
- 0.97Low end of the filed band
- 2.42Middle of the filed band
- 3.91High end of the filed band
- 2018Worst year filed (4.12)
- 10Years filed
- $1,847,997Premium filed
- $4,815,579Indemnity paid
- $19,143,045Liability insured
- 43,939Quantity planted
- 42,859Quantity lost
- 236Policies
- 236Policies with a loss
- 2.61Loss ratio, whole span
Causes that carried the indemnity in Taylor County
- Excess Moisture/Precipitation/Rain $2,359,920 indemnity · 10 years
- Drought $2,007,563 indemnity · 7 years
- Plant Disease $141,659 indemnity · 1 years
- Decline in Price $111,319 indemnity · 5 years
- Wind/Excess Wind $93,934 indemnity · 2 years
- Insects $25,199 indemnity · 3 years
Corn 10 years filed
- 0.79Low end of the filed band
- 2.73Middle of the filed band
- 3.19High end of the filed band
- 2022Worst year filed (3.56)
- 10Years filed
- $1,283,984Premium filed
- $3,210,296Indemnity paid
- $12,958,312Liability insured
- 19,808Quantity planted
- 19,405Quantity lost
- 133Policies
- 133Policies with a loss
- 2.50Loss ratio, whole span
Causes that carried the indemnity in Taylor County
- Drought $1,898,258 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $976,818 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $162,425 indemnity · 2 years
- Decline in Price $90,398 indemnity · 3 years
- Wind/Excess Wind $74,097 indemnity · 4 years
- Hail $8,055 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Taylor 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.