Crop-loss band · Kentucky
Woodford County, Kentucky — crop-loss band
- 1.84Low end of the filed band
- 3.64Middle of the filed band
- 4.41High end of the filed band
- 2015Worst year filed (5.45)
- 10Years filed
Every year the Risk Management Agency has filed for Woodford 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 1.84 at the low end to 4.41 at the high end, with 3.64 in the middle. The worst year filed is 2015, at 5.45. 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 | $93,363 | $508,819 | $902,801 | 37 | 37 | 5.45 |
| 2016 | $89,759 | $394,257 | $756,520 | 19 | 19 | 4.39 |
| 2017 | $59,562 | $242,625 | $396,905 | 10 | 10 | 4.07 |
| 2018 | $153,453 | $558,553 | $1,171,036 | 30 | 30 | 3.64 |
| 2019 | $92,828 | $202,022 | $719,515 | 15 | 15 | 2.18 |
| 2020 | $33,239 | $146,438 | $203,005 | 8 | 8 | 4.41 |
| 2021 | $85,272 | $342,104 | $507,054 | 8 | 8 | 4.01 |
| 2022 | $9,587 | $32,293 | $77,492 | 10 | 10 | 3.37 |
| 2023 | $34,306 | $63,268 | $309,438 | 3 | 3 | 1.84 |
| 2024 | $110,586 | $230,466 | $983,063 | 20 | 20 | 2.08 |
Commodities insured in Woodford County
2 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 9 years filed
- 1.10Low end of the filed band
- 4.44Middle of the filed band
- 5.86High end of the filed band
- 2015Worst year filed (5.86)
- 9Years filed
- $507,390Premium filed
- $2,244,327Indemnity paid
- $3,821,406Liability insured
- 1,217Quantity planted
- 1,228Quantity lost
- 84Policies
- 84Policies with a loss
- 4.42Loss ratio, whole span
Causes that carried the indemnity in Woodford County
- Excess Moisture/Precipitation/Rain $1,756,025 indemnity · 7 years
- Wind/Excess Wind $189,584 indemnity · 2 years
- Drought $147,390 indemnity · 4 years
- Plant Disease $92,428 indemnity · 2 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $22,552 indemnity · 1 years
- Cold Winter $21,373 indemnity · 1 years
Soybeans 10 years filed
- 0.54Low end of the filed band
- 1.47Middle of the filed band
- 3.78High end of the filed band
- 2022Worst year filed (4.23)
- 10Years filed
- $254,565Premium filed
- $476,518Indemnity paid
- $2,205,423Liability insured
- 4,846Quantity planted
- 4,758Quantity lost
- 76Policies
- 76Policies with a loss
- 1.87Loss ratio, whole span
Causes that carried the indemnity in Woodford County
- Drought $282,864 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $110,699 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $38,886 indemnity · 2 years
- Decline in Price $21,867 indemnity · 5 years
- Wildlife $16,135 indemnity · 3 years
- All Other Causes $6,067 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Woodford 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.