Crop-loss band · Massachusetts
Franklin County, Massachusetts — crop-loss band
- 0.97Low end of the filed band
- 2.42Middle of the filed band
- 4.32High end of the filed band
- 2015Worst year filed (4.32)
- 9Years filed
Every year the Risk Management Agency has filed for Franklin County is in the series below, from 2015 to 2021. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 0.97 at the low end to 4.32 at the high end, with 2.42 in the middle. The worst year filed is 2015, at 4.32. 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 | $95,280 | $411,423 | $574,045 | 4 | 4 | 4.32 |
| 2016 | $210,280 | $533,797 | $969,908 | 13 | 13 | 2.54 |
| 2017 | $135,763 | $179,313 | $463,682 | 2 | 2 | 1.32 |
| 2018 | $126,617 | $306,372 | $567,867 | 12 | 12 | 2.42 |
| 2019 | $82,815 | $200,382 | $542,978 | 4 | 4 | 2.42 |
| 2020 | $147,387 | $565,846 | $814,411 | 4 | 4 | 3.84 |
| 2021 | $57,318 | $90,846 | $299,679 | 2 | 2 | 1.58 |
| 2023 | $134,998 | $485,696 | $620,206 | 10 | 10 | 3.60 |
| 2024 | $18,124 | $17,602 | $104,582 | 2 | 2 | 0.97 |
Commodities insured in Franklin 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.
Apples 9 years filed
- 0.97Low end of the filed band
- 2.30Middle of the filed band
- 8.34High end of the filed band
- 2015Worst year filed (8.34)
- 9Years filed
- $609,683Premium filed
- $1,554,693Indemnity paid
- $2,446,890Liability insured
- 469Quantity planted
- 469Quantity lost
- 39Policies
- 39Policies with a loss
- 2.55Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Freeze $690,895 indemnity · 3 years
- Hail $307,977 indemnity · 4 years
- Heat $151,910 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $110,139 indemnity · 2 years
- Frost $104,649 indemnity · 1 years
- Drought $97,040 indemnity · 1 years
Potatoes 6 years filed
- 1.37Low end of the filed band
- 2.79Middle of the filed band
- 3.92High end of the filed band
- 2020Worst year filed (3.92)
- 6Years filed
- $398,899Premium filed
- $1,236,584Indemnity paid
- $2,510,468Liability insured
- 1,546Quantity planted
- 1,546Quantity lost
- 14Policies
- 14Policies with a loss
- 3.10Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Drought $731,082 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $386,414 indemnity · 4 years
- Cold Wet Weather $97,759 indemnity · 1 years
- All Other Causes $21,330 indemnity · 1 years
Every county-crop the agency files in Massachusetts → Buy the Franklin 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.