Crop-loss band · Michigan
Arenac County, Michigan — crop-loss band
- 1.49Low end of the filed band
- 2.12Middle of the filed band
- 2.50High end of the filed band
- 2021Worst year filed (3.62)
- 10Years filed
Every year the Risk Management Agency has filed for Arenac 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 2.50 at the high end, with 2.12 in the middle. The worst year filed is 2021, at 3.62. 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 | $416,691 | $1,013,277 | $2,944,012 | 126 | 126 | 2.43 |
| 2016 | $271,774 | $606,240 | $2,095,277 | 79 | 79 | 2.23 |
| 2017 | $239,627 | $509,105 | $1,600,654 | 89 | 89 | 2.12 |
| 2018 | $167,972 | $298,638 | $1,257,701 | 47 | 47 | 1.78 |
| 2019 | $807,536 | $2,019,573 | $7,831,272 | 220 | 220 | 2.50 |
| 2020 | $343,417 | $783,334 | $3,417,615 | 130 | 130 | 2.28 |
| 2021 | $112,722 | $408,446 | $883,482 | 43 | 42 | 3.62 |
| 2022 | $543,514 | $810,810 | $5,922,248 | 111 | 111 | 1.49 |
| 2023 | $535,073 | $812,305 | $4,991,883 | 121 | 121 | 1.52 |
| 2024 | $487,836 | $982,444 | $5,583,896 | 121 | 121 | 2.01 |
Commodities insured in Arenac County
4 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
- 1.46Low end of the filed band
- 1.98Middle of the filed band
- 3.31High end of the filed band
- 2016Worst year filed (3.61)
- 10Years filed
- $1,667,742Premium filed
- $3,433,326Indemnity paid
- $15,343,478Liability insured
- 31,746Quantity planted
- 39,502Quantity lost
- 422Policies
- 422Policies with a loss
- 2.06Loss ratio, whole span
Causes that carried the indemnity in Arenac County
- Drought $1,376,477 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $1,126,674 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $370,288 indemnity · 5 years
- Decline in Price $193,429 indemnity · 8 years
- Wildlife $175,826 indemnity · 8 years
- Cold Wet Weather $69,034 indemnity · 4 years
Corn 10 years filed
- 0.75Low end of the filed band
- 2.18Middle of the filed band
- 3.23High end of the filed band
- 2021Worst year filed (3.62)
- 10Years filed
- $1,092,617Premium filed
- $2,139,737Indemnity paid
- $13,207,048Liability insured
- 17,423Quantity planted
- 25,495Quantity lost
- 286Policies
- 286Policies with a loss
- 1.96Loss ratio, whole span
Causes that carried the indemnity in Arenac County
- Excess Moisture/Precipitation/Rain $1,296,283 indemnity · 10 years
- Drought $353,788 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $213,236 indemnity · 5 years
- Decline in Price $130,728 indemnity · 7 years
- Cold Wet Weather $78,800 indemnity · 4 years
- Hail $14,366 indemnity · 1 years
Wheat 10 years filed
- 1.10Low end of the filed band
- 2.06Middle of the filed band
- 2.82High end of the filed band
- 2015Worst year filed (4.33)
- 10Years filed
- $672,586Premium filed
- $1,472,251Indemnity paid
- $4,654,066Liability insured
- 15,049Quantity planted
- 15,053Quantity lost
- 268Policies
- 267Policies with a loss
- 2.19Loss ratio, whole span
Causes that carried the indemnity in Arenac County
- Excess Moisture/Precipitation/Rain $687,947 indemnity · 8 years
- Cold Winter $302,659 indemnity · 8 years
- Cold Wet Weather $156,970 indemnity · 6 years
- Decline in Price $125,785 indemnity · 5 years
- Drought $122,431 indemnity · 5 years
- Falling Numbers $44,940 indemnity · 3 years
Dry Beans 9 years filed
- 1.09Low end of the filed band
- 2.80Middle of the filed band
- 4.95High end of the filed band
- 2018Worst year filed (4.95)
- 9Years filed
- $493,217Premium filed
- $1,198,858Indemnity paid
- $3,323,448Liability insured
- 8,060Quantity planted
- 7,619Quantity lost
- 111Policies
- 111Policies with a loss
- 2.43Loss ratio, whole span
Causes that carried the indemnity in Arenac County
- Excess Moisture/Precipitation/Rain $754,892 indemnity · 8 years
- Drought $267,927 indemnity · 7 years
- Hail $58,662 indemnity · 2 years
- Cold Wet Weather $52,136 indemnity · 1 years
- Decline in Price $25,903 indemnity · 3 years
- Freeze $14,823 indemnity · 1 years
Every county-crop the agency files in Michigan → Buy the Arenac 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.