Crop-loss band · Michigan
Genesee County, Michigan — crop-loss band
- 1.54Low end of the filed band
- 1.84Middle of the filed band
- 3.51High end of the filed band
- 2019Worst year filed (4.11)
- 10Years filed
Every year the Risk Management Agency has filed for Genesee 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 1.54 at the low end to 3.51 at the high end, with 1.84 in the middle. The worst year filed is 2019, at 4.11. 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 | $200,026 | $701,398 | $1,509,136 | 63 | 63 | 3.51 |
| 2016 | $417,059 | $714,287 | $2,914,390 | 79 | 79 | 1.71 |
| 2017 | $671,368 | $1,232,306 | $4,510,577 | 112 | 112 | 1.84 |
| 2018 | $368,641 | $613,966 | $2,687,226 | 69 | 69 | 1.67 |
| 2019 | $1,572,362 | $6,463,420 | $9,641,952 | 318 | 318 | 4.11 |
| 2020 | $450,107 | $982,359 | $4,489,868 | 141 | 141 | 2.18 |
| 2021 | $368,897 | $692,906 | $2,329,951 | 65 | 65 | 1.88 |
| 2022 | $1,306,857 | $2,012,202 | $11,657,045 | 157 | 157 | 1.54 |
| 2023 | $1,471,745 | $2,674,786 | $10,374,274 | 165 | 165 | 1.82 |
| 2024 | $1,252,686 | $2,937,819 | $8,955,010 | 218 | 218 | 2.35 |
Commodities insured in Genesee 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
- 1.39Low end of the filed band
- 1.58Middle of the filed band
- 3.67High end of the filed band
- 2019Worst year filed (4.78)
- 10Years filed
- $4,080,081Premium filed
- $8,786,329Indemnity paid
- $29,757,745Liability insured
- 81,489Quantity planted
- 81,103Quantity lost
- 697Policies
- 697Policies with a loss
- 2.15Loss ratio, whole span
Causes that carried the indemnity in Genesee County
- Excess Moisture/Precipitation/Rain $5,157,631 indemnity · 10 years
- Drought $2,464,384 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $581,831 indemnity · 3 years
- Decline in Price $351,545 indemnity · 8 years
- Hot Wind $68,764 indemnity · 4 years
- Wildlife $54,838 indemnity · 3 years
Corn 10 years filed
- 1.28Low end of the filed band
- 2.04Middle of the filed band
- 3.52High end of the filed band
- 2019Worst year filed (3.75)
- 10Years filed
- $3,198,670Premium filed
- $8,221,340Indemnity paid
- $24,752,674Liability insured
- 54,306Quantity planted
- 47,289Quantity lost
- 424Policies
- 424Policies with a loss
- 2.57Loss ratio, whole span
Causes that carried the indemnity in Genesee County
- Excess Moisture/Precipitation/Rain $6,020,372 indemnity · 10 years
- Drought $822,676 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $542,502 indemnity · 3 years
- Decline in Price $245,096 indemnity · 7 years
- Hot Wind $148,543 indemnity · 2 years
- Cold Wet Weather $138,299 indemnity · 6 years
Wheat 10 years filed
- 0.94Low end of the filed band
- 3.03Middle of the filed band
- 4.33High end of the filed band
- 2015Worst year filed (4.47)
- 10Years filed
- $434,799Premium filed
- $1,314,101Indemnity paid
- $3,159,322Liability insured
- 14,202Quantity planted
- 14,208Quantity lost
- 249Policies
- 249Policies with a loss
- 3.02Loss ratio, whole span
Causes that carried the indemnity in Genesee County
- Excess Moisture/Precipitation/Rain $946,052 indemnity · 10 years
- Cold Wet Weather $164,391 indemnity · 6 years
- Drought $80,252 indemnity · 6 years
- Cold Winter $67,504 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $36,132 indemnity · 1 years
- Freeze $10,070 indemnity · 2 years
All Other Crops 7 years filed
- 0.31Low end of the filed band
- 1.58Middle of the filed band
- 3.45High end of the filed band
- 2017Worst year filed (3.45)
- 7Years filed
- $366,198Premium filed
- $703,679Indemnity paid
- $1,399,688Liability insured
- 523Quantity planted
- 523Quantity lost
- 17Policies
- 17Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Genesee County
- Excess Moisture/Precipitation/Rain $225,375 indemnity · 3 years
- Frost $182,772 indemnity · 1 years
- Drought $111,732 indemnity · 2 years
- Freeze $53,076 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $42,862 indemnity · 1 years
- Hail $42,378 indemnity · 1 years
Every county-crop the agency files in Michigan → Buy the Genesee 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.