Crop-loss band · Michigan
Grand Traverse County, Michigan — crop-loss band
- 1.55Low end of the filed band
- 2.19Middle of the filed band
- 2.80High end of the filed band
- 2015Worst year filed (4.57)
- 10Years filed
Every year the Risk Management Agency has filed for Grand Traverse 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 1.55 at the low end to 2.80 at the high end, with 2.19 in the middle. The worst year filed is 2015, at 4.57. 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 | $264,621 | $1,208,800 | $2,205,484 | 68 | 68 | 4.57 |
| 2016 | $241,693 | $677,789 | $1,635,150 | 51 | 51 | 2.80 |
| 2017 | $210,837 | $326,530 | $1,569,022 | 28 | 27 | 1.55 |
| 2018 | $678,731 | $1,283,613 | $4,821,326 | 61 | 61 | 1.89 |
| 2019 | $633,380 | $1,694,013 | $4,444,210 | 68 | 68 | 2.67 |
| 2020 | $554,548 | $1,068,041 | $3,184,682 | 23 | 23 | 1.93 |
| 2021 | $134,481 | $306,623 | $805,618 | 26 | 26 | 2.28 |
| 2022 | $470,200 | $853,918 | $2,762,135 | 34 | 34 | 1.82 |
| 2023 | $508,825 | $1,115,478 | $3,448,440 | 41 | 41 | 2.19 |
| 2024 | $503,877 | $1,217,586 | $2,873,850 | 50 | 50 | 2.42 |
Commodities insured in Grand Traverse 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.
Cherries 10 years filed
- 1.27Low end of the filed band
- 2.53Middle of the filed band
- 3.58High end of the filed band
- 2015Worst year filed (3.60)
- 10Years filed
- $1,584,230Premium filed
- $4,072,445Indemnity paid
- $10,719,818Liability insured
- 6,970Quantity planted
- 6,982Quantity lost
- 246Policies
- 245Policies with a loss
- 2.57Loss ratio, whole span
Causes that carried the indemnity in Grand Traverse County
- Frost $1,186,096 indemnity · 9 years
- Freeze $958,629 indemnity · 9 years
- Decline in Price $491,787 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $366,986 indemnity · 6 years
- Cold Wet Weather $360,451 indemnity · 4 years
- Drought $196,904 indemnity · 1 years
Whole Farm Revenue Protection 9 years filed
- 1.12Low end of the filed band
- 2.22Middle of the filed band
- 2.97High end of the filed band
- 2024Worst year filed (2.97)
- 9Years filed
- $1,632,027Premium filed
- $3,305,651Indemnity paid
- $11,593,131Liability insured
- 0Quantity planted
- 0Quantity lost
- 39Policies
- 39Policies with a loss
- 2.03Loss ratio, whole span
Causes that carried the indemnity in Grand Traverse County
- Cold Wet Weather $831,076 indemnity · 3 years
- Frost $776,684 indemnity · 4 years
- Decline in Price $608,712 indemnity · 3 years
- Drought $592,672 indemnity · 3 years
- Freeze $337,397 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $69,587 indemnity · 1 years
Apples 9 years filed
- 0.96Low end of the filed band
- 1.75Middle of the filed band
- 7.03High end of the filed band
- 2015Worst year filed (7.03)
- 9Years filed
- $594,135Premium filed
- $1,679,838Indemnity paid
- $2,726,414Liability insured
- 800Quantity planted
- 800Quantity lost
- 69Policies
- 69Policies with a loss
- 2.83Loss ratio, whole span
Causes that carried the indemnity in Grand Traverse County
- Freeze $698,602 indemnity · 7 years
- Hail $548,756 indemnity · 3 years
- Frost $296,453 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $53,937 indemnity · 2 years
- Heat $39,635 indemnity · 1 years
- Cold Winter $23,996 indemnity · 1 years
Corn 10 years filed
- 0.34Low end of the filed band
- 1.85Middle of the filed band
- 2.80High end of the filed band
- 2021Worst year filed (3.32)
- 10Years filed
- $390,801Premium filed
- $694,457Indemnity paid
- $2,710,554Liability insured
- 8,355Quantity planted
- 8,358Quantity lost
- 96Policies
- 96Policies with a loss
- 1.78Loss ratio, whole span
Causes that carried the indemnity in Grand Traverse County
- Drought $384,161 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $226,578 indemnity · 5 years
- Decline in Price $48,946 indemnity · 5 years
- Cold Wet Weather $21,121 indemnity · 3 years
- Hot Wind $7,324 indemnity · 1 years
- Wildlife $4,725 indemnity · 3 years
Every county-crop the agency files in Michigan → Buy the Grand Traverse 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.