Crop-loss band · Kentucky
Union County, Kentucky — crop-loss band
- 0.36Low end of the filed band
- 1.04Middle of the filed band
- 1.68High end of the filed band
- 2019Worst year filed (2.22)
- 10Years filed
Every year the Risk Management Agency has filed for Union 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 0.36 at the low end to 1.68 at the high end, with 1.04 in the middle. The worst year filed is 2019, at 2.22. 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 | $1,996,037 | $3,057,024 | $14,992,119 | 208 | 199 | 1.53 |
| 2016 | $3,532,287 | $2,487,629 | $31,583,461 | 209 | 203 | 0.70 |
| 2017 | $1,280,892 | $698,117 | $10,996,209 | 107 | 105 | 0.55 |
| 2018 | $718,222 | $1,087,487 | $7,807,811 | 134 | 134 | 1.51 |
| 2019 | $1,798,464 | $3,985,302 | $15,240,655 | 160 | 160 | 2.22 |
| 2020 | $866,022 | $1,457,941 | $6,537,289 | 94 | 94 | 1.68 |
| 2021 | $757,256 | $269,336 | $8,408,854 | 64 | 64 | 0.36 |
| 2022 | $867,139 | $899,819 | $9,332,160 | 68 | 68 | 1.04 |
| 2023 | $4,694,568 | $3,554,013 | $39,035,471 | 242 | 242 | 0.76 |
| 2024 | $2,838,777 | $3,201,366 | $29,979,935 | 235 | 235 | 1.13 |
Commodities insured in Union 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 10 years filed
- 0.18Low end of the filed band
- 0.73Middle of the filed band
- 1.71High end of the filed band
- 2020Worst year filed (1.89)
- 10Years filed
- $14,113,186Premium filed
- $11,924,478Indemnity paid
- $106,007,974Liability insured
- 147,892Quantity planted
- 92,055Quantity lost
- 723Policies
- 712Policies with a loss
- 0.84Loss ratio, whole span
Causes that carried the indemnity in Union County
- Excess Moisture/Precipitation/Rain $5,037,247 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $3,223,701 indemnity · 3 years
- Flood $2,388,072 indemnity · 5 years
- Drought $739,071 indemnity · 5 years
- Decline in Price $482,734 indemnity · 7 years
- Wildlife $17,590 indemnity · 2 years
Soybeans 10 years filed
- 0.53Low end of the filed band
- 0.88Middle of the filed band
- 2.70High end of the filed band
- 2019Worst year filed (3.77)
- 10Years filed
- $4,762,427Premium filed
- $7,488,480Indemnity paid
- $65,294,596Liability insured
- 142,669Quantity planted
- 81,323Quantity lost
- 734Policies
- 728Policies with a loss
- 1.57Loss ratio, whole span
Causes that carried the indemnity in Union County
- Excess Moisture/Precipitation/Rain $3,645,560 indemnity · 10 years
- Flood $1,905,867 indemnity · 7 years
- Drought $963,953 indemnity · 6 years
- Decline in Price $488,422 indemnity · 6 years
- ARPI/SCO/STAX Crops Only $455,635 indemnity · 2 years
- Wildlife $21,268 indemnity · 4 years
Wheat 10 years filed
- 1.30Low end of the filed band
- 2.72Middle of the filed band
- 3.41High end of the filed band
- 2021Worst year filed (5.00)
- 10Years filed
- $474,051Premium filed
- $1,285,076Indemnity paid
- $2,611,394Liability insured
- 8,702Quantity planted
- 8,702Quantity lost
- 64Policies
- 64Policies with a loss
- 2.71Loss ratio, whole span
Causes that carried the indemnity in Union County
- Excess Moisture/Precipitation/Rain $1,130,174 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $84,234 indemnity · 3 years
- Cold Wet Weather $42,074 indemnity · 2 years
- Mycotoxin $16,650 indemnity · 1 years
- Decline in Price $7,952 indemnity · 1 years
- Freeze $3,993 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Union 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.