Crop-loss band · Michigan
Bay County, Michigan — crop-loss band
- 1.53Low end of the filed band
- 2.06Middle of the filed band
- 2.64High end of the filed band
- 2021Worst year filed (3.41)
- 10Years filed
Every year the Risk Management Agency has filed for Bay 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 2.64 at the high end, with 2.06 in the middle. The worst year filed is 2021, at 3.41. 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 | $926,562 | $1,905,979 | $7,854,598 | 290 | 290 | 2.06 |
| 2016 | $484,049 | $1,037,250 | $4,525,223 | 147 | 147 | 2.14 |
| 2017 | $978,037 | $1,973,563 | $10,108,642 | 278 | 278 | 2.02 |
| 2018 | $367,657 | $969,177 | $4,006,194 | 110 | 110 | 2.64 |
| 2019 | $1,660,850 | $4,327,590 | $22,782,223 | 555 | 555 | 2.61 |
| 2020 | $1,072,262 | $2,099,386 | $15,489,012 | 335 | 335 | 1.96 |
| 2021 | $453,060 | $1,542,881 | $5,783,590 | 133 | 133 | 3.41 |
| 2022 | $1,635,400 | $2,510,030 | $20,530,178 | 271 | 271 | 1.53 |
| 2023 | $1,899,669 | $3,994,125 | $23,074,794 | 299 | 299 | 2.10 |
| 2024 | $1,379,195 | $2,581,861 | $18,439,266 | 248 | 248 | 1.87 |
Commodities insured in Bay County
7 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
- 0.92Low end of the filed band
- 1.50Middle of the filed band
- 2.34High end of the filed band
- 2021Worst year filed (2.49)
- 10Years filed
- $3,409,018Premium filed
- $5,873,605Indemnity paid
- $40,894,139Liability insured
- 55,750Quantity planted
- 83,158Quantity lost
- 772Policies
- 772Policies with a loss
- 1.72Loss ratio, whole span
Causes that carried the indemnity in Bay County
- Excess Moisture/Precipitation/Rain $1,882,189 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $1,750,292 indemnity · 5 years
- Drought $1,731,287 indemnity · 9 years
- Decline in Price $227,720 indemnity · 7 years
- Hail $121,161 indemnity · 1 years
- Plant Disease $36,617 indemnity · 1 years
Corn 10 years filed
- 0.60Low end of the filed band
- 1.57Middle of the filed band
- 2.00High end of the filed band
- 2019Worst year filed (2.74)
- 10Years filed
- $3,274,258Premium filed
- $5,112,333Indemnity paid
- $50,070,540Liability insured
- 43,532Quantity planted
- 71,575Quantity lost
- 663Policies
- 663Policies with a loss
- 1.56Loss ratio, whole span
Causes that carried the indemnity in Bay County
- Excess Moisture/Precipitation/Rain $2,294,834 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $1,149,652 indemnity · 5 years
- Drought $859,670 indemnity · 9 years
- Decline in Price $550,440 indemnity · 7 years
- Cold Wet Weather $104,351 indemnity · 3 years
- Other (Snow, Lightning, Etc.) $72,869 indemnity · 6 years
Dry Beans 10 years filed
- 0.98Low end of the filed band
- 2.09Middle of the filed band
- 3.24High end of the filed band
- 2021Worst year filed (5.12)
- 10Years filed
- $1,970,269Premium filed
- $4,571,126Indemnity paid
- $17,594,435Liability insured
- 36,585Quantity planted
- 34,777Quantity lost
- 504Policies
- 504Policies with a loss
- 2.32Loss ratio, whole span
Causes that carried the indemnity in Bay County
- Excess Moisture/Precipitation/Rain $2,782,781 indemnity · 9 years
- Drought $699,282 indemnity · 10 years
- Hail $678,068 indemnity · 4 years
- Decline in Price $108,315 indemnity · 7 years
- Wind/Excess Wind $95,388 indemnity · 3 years
- Heat $71,125 indemnity · 1 years
Potatoes 10 years filed
- 1.14Low end of the filed band
- 2.08Middle of the filed band
- 3.72High end of the filed band
- 2023Worst year filed (6.39)
- 10Years filed
- $893,397Premium filed
- $2,633,020Indemnity paid
- $4,826,469Liability insured
- 2,672Quantity planted
- 2,672Quantity lost
- 32Policies
- 32Policies with a loss
- 2.95Loss ratio, whole span
Causes that carried the indemnity in Bay County
- Excess Moisture/Precipitation/Rain $2,046,056 indemnity · 9 years
- Other (Snow, Lightning, Etc.) $374,407 indemnity · 2 years
- Drought $179,545 indemnity · 3 years
- Heat $33,012 indemnity · 1 years
Wheat 10 years filed
- 1.19Low end of the filed band
- 3.05Middle of the filed band
- 3.83High end of the filed band
- 2020Worst year filed (4.04)
- 10Years filed
- $672,721Premium filed
- $1,982,491Indemnity paid
- $5,865,060Liability insured
- 18,331Quantity planted
- 18,381Quantity lost
- 381Policies
- 381Policies with a loss
- 2.95Loss ratio, whole span
Causes that carried the indemnity in Bay County
- Excess Moisture/Precipitation/Rain $1,071,500 indemnity · 10 years
- Cold Wet Weather $424,623 indemnity · 9 years
- Cold Winter $200,394 indemnity · 9 years
- Drought $111,350 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $51,074 indemnity · 2 years
- Decline in Price $49,049 indemnity · 6 years
Cucumbers 10 years filed
- 2.62Low end of the filed band
- 4.85Middle of the filed band
- 6.82High end of the filed band
- 2022Worst year filed (7.04)
- 10Years filed
- $299,192Premium filed
- $1,412,645Indemnity paid
- $4,521,331Liability insured
- 5,253Quantity planted
- 5,235Quantity lost
- 129Policies
- 129Policies with a loss
- 4.72Loss ratio, whole span
Causes that carried the indemnity in Bay County
- Excess Moisture/Precipitation/Rain $925,342 indemnity · 10 years
- Drought $407,666 indemnity · 7 years
- Hail $42,272 indemnity · 2 years
- Heat $25,694 indemnity · 1 years
- Wind/Excess Wind $11,671 indemnity · 1 years
Sugar Beets 10 years filed
- 1.95Low end of the filed band
- 3.83Middle of the filed band
- 6.57High end of the filed band
- 2015Worst year filed (11.93)
- 10Years filed
- $337,885Premium filed
- $1,356,622Indemnity paid
- $8,821,746Liability insured
- 9,993Quantity planted
- 8,218Quantity lost
- 185Policies
- 185Policies with a loss
- 4.02Loss ratio, whole span
Causes that carried the indemnity in Bay County
- Excess Moisture/Precipitation/Rain $749,639 indemnity · 10 years
- Drought $297,997 indemnity · 9 years
- Freeze $135,175 indemnity · 3 years
- Other (Snow, Lightning, Etc.) $67,450 indemnity · 1 years
- Hot Wind $38,710 indemnity · 2 years
- Frost $26,158 indemnity · 2 years
Every county-crop the agency files in Michigan → Buy the Bay 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.