Crop-loss band · Maryland
Caroline County, Maryland — crop-loss band
- 1.49Low end of the filed band
- 2.02Middle of the filed band
- 3.27High end of the filed band
- 2021Worst year filed (4.89)
- 10Years filed
Every year the Risk Management Agency has filed for Caroline 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 1.49 at the low end to 3.27 at the high end, with 2.02 in the middle. The worst year filed is 2021, at 4.89. 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 | $382,498 | $740,856 | $2,717,776 | 180 | 178 | 1.94 |
| 2016 | $636,877 | $1,210,582 | $4,608,369 | 255 | 254 | 1.90 |
| 2017 | $231,263 | $400,183 | $1,609,320 | 77 | 77 | 1.73 |
| 2018 | $754,262 | $1,525,652 | $6,337,235 | 299 | 299 | 2.02 |
| 2019 | $572,056 | $1,246,339 | $4,847,758 | 246 | 246 | 2.18 |
| 2020 | $149,232 | $429,396 | $1,589,790 | 89 | 89 | 2.88 |
| 2021 | $116,484 | $569,993 | $1,115,111 | 64 | 63 | 4.89 |
| 2022 | $335,689 | $802,475 | $2,530,830 | 98 | 98 | 2.39 |
| 2023 | $312,801 | $464,761 | $3,196,206 | 92 | 92 | 1.49 |
| 2024 | $1,367,985 | $4,474,610 | $12,847,968 | 463 | 463 | 3.27 |
Commodities insured in Caroline 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
- 1.37Low end of the filed band
- 1.75Middle of the filed band
- 3.93High end of the filed band
- 2021Worst year filed (4.36)
- 10Years filed
- $2,253,791Premium filed
- $6,211,763Indemnity paid
- $19,984,164Liability insured
- 40,389Quantity planted
- 37,728Quantity lost
- 659Policies
- 659Policies with a loss
- 2.76Loss ratio, whole span
Causes that carried the indemnity in Caroline County
- Drought $2,707,063 indemnity · 10 years
- Heat $1,855,345 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $1,100,138 indemnity · 9 years
- Wildlife $245,809 indemnity · 8 years
- Decline in Price $186,286 indemnity · 7 years
- Wind/Excess Wind $64,715 indemnity · 4 years
Soybeans 10 years filed
- 1.44Low end of the filed band
- 1.83Middle of the filed band
- 2.43High end of the filed band
- 2021Worst year filed (2.53)
- 10Years filed
- $2,233,572Premium filed
- $4,339,626Indemnity paid
- $16,697,170Liability insured
- 59,196Quantity planted
- 55,712Quantity lost
- 931Policies
- 931Policies with a loss
- 1.94Loss ratio, whole span
Causes that carried the indemnity in Caroline County
- Drought $2,149,699 indemnity · 10 years
- Heat $913,500 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $752,427 indemnity · 10 years
- Wildlife $272,304 indemnity · 9 years
- Decline in Price $141,577 indemnity · 7 years
- Cold Wet Weather $42,276 indemnity · 5 years
Wheat 10 years filed
- 0.48Low end of the filed band
- 3.22Middle of the filed band
- 8.47High end of the filed band
- 2021Worst year filed (9.13)
- 10Years filed
- $371,784Premium filed
- $1,313,458Indemnity paid
- $4,719,029Liability insured
- 16,820Quantity planted
- 16,820Quantity lost
- 273Policies
- 269Policies with a loss
- 3.53Loss ratio, whole span
Causes that carried the indemnity in Caroline County
- Excess Moisture/Precipitation/Rain $691,103 indemnity · 10 years
- Cold Wet Weather $306,724 indemnity · 8 years
- Decline in Price $163,499 indemnity · 7 years
- Frost $55,860 indemnity · 3 years
- Wildlife $28,990 indemnity · 3 years
- Freeze $20,685 indemnity · 2 years
Every county-crop the agency files in Maryland → Buy the Caroline 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.