Crop-loss band · Michigan
Gratiot County, Michigan — crop-loss band
- 1.34Low end of the filed band
- 1.68Middle of the filed band
- 2.51High end of the filed band
- 2019Worst year filed (3.49)
- 10Years filed
Every year the Risk Management Agency has filed for Gratiot 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 1.34 at the low end to 2.51 at the high end, with 1.68 in the middle. The worst year filed is 2019, at 3.49. 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 | $768,342 | $1,292,751 | $5,527,436 | 234 | 234 | 1.68 |
| 2016 | $634,800 | $1,034,055 | $7,901,663 | 187 | 187 | 1.63 |
| 2017 | $1,660,776 | $2,219,213 | $14,378,644 | 329 | 329 | 1.34 |
| 2018 | $741,654 | $1,471,739 | $7,964,493 | 181 | 181 | 1.98 |
| 2019 | $2,307,094 | $8,052,550 | $20,513,576 | 685 | 684 | 3.49 |
| 2020 | $1,585,809 | $2,186,446 | $19,184,541 | 311 | 311 | 1.38 |
| 2021 | $800,665 | $2,010,300 | $7,727,270 | 159 | 158 | 2.51 |
| 2022 | $962,650 | $2,135,360 | $9,440,289 | 216 | 216 | 2.22 |
| 2023 | $2,510,266 | $4,074,776 | $20,739,906 | 368 | 368 | 1.62 |
| 2024 | $832,832 | $1,782,811 | $8,557,395 | 192 | 192 | 2.14 |
Commodities insured in Gratiot County
6 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.
Corn 10 years filed
- 0.65Low end of the filed band
- 1.61Middle of the filed band
- 2.72High end of the filed band
- 2019Worst year filed (3.73)
- 10Years filed
- $4,994,482Premium filed
- $9,677,662Indemnity paid
- $48,547,964Liability insured
- 87,848Quantity planted
- 74,814Quantity lost
- 832Policies
- 832Policies with a loss
- 1.94Loss ratio, whole span
Causes that carried the indemnity in Gratiot County
- Excess Moisture/Precipitation/Rain $5,168,479 indemnity · 10 years
- Drought $1,853,727 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $1,555,241 indemnity · 4 years
- Decline in Price $656,722 indemnity · 7 years
- Other (Snow, Lightning, Etc.) $127,253 indemnity · 6 years
- Mycotoxin $96,746 indemnity · 1 years
Soybeans 10 years filed
- 1.01Low end of the filed band
- 1.63Middle of the filed band
- 3.23High end of the filed band
- 2019Worst year filed (3.48)
- 10Years filed
- $4,188,166Premium filed
- $8,114,148Indemnity paid
- $42,770,084Liability insured
- 100,757Quantity planted
- 88,969Quantity lost
- 1,104Policies
- 1,104Policies with a loss
- 1.94Loss ratio, whole span
Causes that carried the indemnity in Gratiot County
- Excess Moisture/Precipitation/Rain $3,591,368 indemnity · 10 years
- Drought $3,002,762 indemnity · 10 years
- Decline in Price $553,733 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $416,368 indemnity · 3 years
- Wildlife $195,513 indemnity · 9 years
- Heat $70,849 indemnity · 6 years
Wheat 10 years filed
- 1.05Low end of the filed band
- 2.83Middle of the filed band
- 3.27High end of the filed band
- 2015Worst year filed (3.36)
- 10Years filed
- $1,487,042Premium filed
- $3,319,764Indemnity paid
- $10,852,039Liability insured
- 33,988Quantity planted
- 34,038Quantity lost
- 566Policies
- 565Policies with a loss
- 2.23Loss ratio, whole span
Causes that carried the indemnity in Gratiot County
- Excess Moisture/Precipitation/Rain $1,760,285 indemnity · 10 years
- Cold Wet Weather $603,549 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $325,423 indemnity · 4 years
- Drought $220,946 indemnity · 7 years
- Cold Winter $172,549 indemnity · 8 years
- Decline in Price $171,626 indemnity · 6 years
Dry Beans 10 years filed
- 0.99Low end of the filed band
- 3.02Middle of the filed band
- 4.53High end of the filed band
- 2020Worst year filed (5.94)
- 10Years filed
- $1,254,563Premium filed
- $3,219,803Indemnity paid
- $7,515,048Liability insured
- 16,654Quantity planted
- 16,190Quantity lost
- 244Policies
- 243Policies with a loss
- 2.57Loss ratio, whole span
Causes that carried the indemnity in Gratiot County
- Excess Moisture/Precipitation/Rain $1,660,457 indemnity · 10 years
- Drought $1,207,740 indemnity · 10 years
- Wildlife $199,368 indemnity · 5 years
- Hail $57,965 indemnity · 1 years
- Decline in Price $38,073 indemnity · 4 years
- Heat $34,603 indemnity · 3 years
Sugar Beets 9 years filed
- 0.86Low end of the filed band
- 2.60Middle of the filed band
- 4.34High end of the filed band
- 2024Worst year filed (4.34)
- 9Years filed
- $628,795Premium filed
- $1,580,928Indemnity paid
- $6,947,281Liability insured
- 8,897Quantity planted
- 7,892Quantity lost
- 99Policies
- 99Policies with a loss
- 2.51Loss ratio, whole span
Causes that carried the indemnity in Gratiot County
- Excess Moisture/Precipitation/Rain $754,001 indemnity · 9 years
- Drought $445,960 indemnity · 8 years
- Freeze $140,024 indemnity · 2 years
- Cold Wet Weather $132,308 indemnity · 3 years
- Frost $36,283 indemnity · 2 years
- Insects $36,250 indemnity · 1 years
All Other Crops 5 years filed
- 0.50Low end of the filed band
- 0.62Middle of the filed band
- 17.06High end of the filed band
- 2024Worst year filed (17.06)
- 5Years filed
- $251,840Premium filed
- $347,696Indemnity paid
- $5,302,797Liability insured
- 352Quantity planted
- 185Quantity lost
- 17Policies
- 17Policies with a loss
- 1.38Loss ratio, whole span
Causes that carried the indemnity in Gratiot County
- Decline in Price $134,640 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $97,021 indemnity · 2 years
- Plant Disease $86,428 indemnity · 1 years
- Cold Wet Weather $23,942 indemnity · 2 years
- ARPI/SCO/STAX/MP Crops Only $5,666 indemnity · 4 years
Every county-crop the agency files in Michigan → Buy the Gratiot 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.