Crop-loss band · Maryland
Montgomery County, Maryland — crop-loss band
- 1.53Low end of the filed band
- 2.52Middle of the filed band
- 2.85High end of the filed band
- 2020Worst year filed (3.24)
- 10Years filed
Every year the Risk Management Agency has filed for Montgomery 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 1.53 at the low end to 2.85 at the high end, with 2.52 in the middle. The worst year filed is 2020, at 3.24. 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 | $128,845 | $324,640 | $804,744 | 30 | 30 | 2.52 |
| 2016 | $49,576 | $96,692 | $271,771 | 18 | 18 | 1.95 |
| 2017 | $23,245 | $38,909 | $158,238 | 11 | 11 | 1.67 |
| 2018 | $116,929 | $179,341 | $989,698 | 26 | 26 | 1.53 |
| 2019 | $56,308 | $148,070 | $350,579 | 12 | 12 | 2.63 |
| 2020 | $31,398 | $101,773 | $290,821 | 8 | 8 | 3.24 |
| 2021 | $37,423 | $100,488 | $251,476 | 15 | 14 | 2.69 |
| 2022 | $96,436 | $170,896 | $704,446 | 15 | 15 | 1.77 |
| 2023 | $72,152 | $199,110 | $627,490 | 17 | 17 | 2.76 |
| 2024 | $442,787 | $1,262,589 | $4,368,903 | 47 | 47 | 2.85 |
Commodities insured in Montgomery 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.
Soybeans 10 years filed
- 1.40Low end of the filed band
- 2.54Middle of the filed band
- 2.81High end of the filed band
- 2020Worst year filed (3.25)
- 10Years filed
- $724,468Premium filed
- $1,490,588Indemnity paid
- $5,490,032Liability insured
- 18,931Quantity planted
- 19,773Quantity lost
- 139Policies
- 139Policies with a loss
- 2.06Loss ratio, whole span
Causes that carried the indemnity in Montgomery County
- Drought $847,745 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $298,635 indemnity · 6 years
- Heat $277,074 indemnity · 8 years
- Wildlife $37,818 indemnity · 5 years
- Other (Snow, Lightning, Etc.) $22,219 indemnity · 1 years
- Insects $4,214 indemnity · 2 years
Corn 10 years filed
- 0.41Low end of the filed band
- 2.50Middle of the filed band
- 3.24High end of the filed band
- 2024Worst year filed (4.27)
- 10Years filed
- $330,631Premium filed
- $1,131,920Indemnity paid
- $3,328,134Liability insured
- 6,456Quantity planted
- 6,482Quantity lost
- 60Policies
- 59Policies with a loss
- 3.42Loss ratio, whole span
Causes that carried the indemnity in Montgomery County
- Drought $919,501 indemnity · 8 years
- Heat $165,431 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $34,167 indemnity · 2 years
- Cold Wet Weather $5,734 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $3,097 indemnity · 2 years
- Decline in Price $2,280 indemnity · 1 years
Every county-crop the agency files in Maryland → Buy the Montgomery 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.