Crop-loss band · Michigan
Hillsdale County, Michigan — crop-loss band
- 1.53Low end of the filed band
- 2.01Middle of the filed band
- 2.31High end of the filed band
- 2019Worst year filed (7.03)
- 10Years filed
Every year the Risk Management Agency has filed for Hillsdale 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 2.31 at the high end, with 2.01 in the middle. The worst year filed is 2019, at 7.03. 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 | $588,167 | $1,192,625 | $7,114,759 | 151 | 151 | 2.03 |
| 2016 | $211,333 | $425,500 | $2,548,345 | 69 | 69 | 2.01 |
| 2017 | $1,047,132 | $1,657,592 | $13,250,663 | 177 | 176 | 1.58 |
| 2018 | $985,926 | $2,103,694 | $13,796,959 | 219 | 219 | 2.13 |
| 2019 | $1,537,814 | $10,812,234 | $14,482,531 | 386 | 386 | 7.03 |
| 2020 | $895,625 | $1,417,992 | $13,431,549 | 246 | 246 | 1.58 |
| 2021 | $354,363 | $542,183 | $4,332,264 | 68 | 68 | 1.53 |
| 2022 | $512,299 | $1,182,111 | $6,166,379 | 118 | 118 | 2.31 |
| 2023 | $2,661,946 | $4,673,152 | $28,067,439 | 317 | 317 | 1.76 |
| 2024 | $1,315,201 | $2,863,530 | $16,489,577 | 256 | 256 | 2.18 |
Commodities insured in Hillsdale County
3 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
- 1.51Low end of the filed band
- 1.85Middle of the filed band
- 2.87High end of the filed band
- 2019Worst year filed (6.89)
- 10Years filed
- $4,991,044Premium filed
- $13,815,977Indemnity paid
- $53,111,673Liability insured
- 92,398Quantity planted
- 92,073Quantity lost
- 780Policies
- 780Policies with a loss
- 2.77Loss ratio, whole span
Causes that carried the indemnity in Hillsdale County
- Excess Moisture/Precipitation/Rain $8,545,917 indemnity · 10 years
- Drought $1,590,829 indemnity · 9 years
- Decline in Price $1,016,491 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $972,646 indemnity · 5 years
- Mycotoxin $661,512 indemnity · 2 years
- Heat $398,571 indemnity · 6 years
Soybeans 10 years filed
- 1.35Low end of the filed band
- 1.72Middle of the filed band
- 2.85High end of the filed band
- 2019Worst year filed (8.08)
- 10Years filed
- $4,486,108Premium filed
- $11,450,325Indemnity paid
- $61,269,394Liability insured
- 143,191Quantity planted
- 138,158Quantity lost
- 999Policies
- 998Policies with a loss
- 2.55Loss ratio, whole span
Causes that carried the indemnity in Hillsdale County
- Excess Moisture/Precipitation/Rain $5,999,686 indemnity · 10 years
- Drought $2,389,233 indemnity · 10 years
- Decline in Price $1,252,910 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $1,045,055 indemnity · 5 years
- Heat $519,552 indemnity · 6 years
- Cold Wet Weather $128,633 indemnity · 10 years
Wheat 10 years filed
- 0.92Low end of the filed band
- 2.54Middle of the filed band
- 4.15High end of the filed band
- 2017Worst year filed (6.58)
- 10Years filed
- $632,654Premium filed
- $1,604,311Indemnity paid
- $5,299,398Liability insured
- 16,567Quantity planted
- 16,569Quantity lost
- 228Policies
- 228Policies with a loss
- 2.54Loss ratio, whole span
Causes that carried the indemnity in Hillsdale County
- Excess Moisture/Precipitation/Rain $1,067,630 indemnity · 9 years
- Cold Wet Weather $220,696 indemnity · 5 years
- Drought $86,520 indemnity · 4 years
- Decline in Price $82,531 indemnity · 6 years
- Mycotoxin $57,354 indemnity · 2 years
- ARPI/SCO/STAX/MP Crops Only $33,780 indemnity · 2 years
Every county-crop the agency files in Michigan → Buy the Hillsdale 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.