Crop-loss band · Michigan
Ionia County, Michigan — crop-loss band
- 1.47Low end of the filed band
- 2.61Middle of the filed band
- 4.11High end of the filed band
- 2019Worst year filed (4.71)
- 10Years filed
Every year the Risk Management Agency has filed for Ionia 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 1.47 at the low end to 4.11 at the high end, with 2.61 in the middle. The worst year filed is 2019, at 4.71. 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 | $110,013 | $353,065 | $1,445,087 | 66 | 66 | 3.21 |
| 2016 | $198,365 | $538,501 | $2,141,090 | 75 | 75 | 2.71 |
| 2017 | $791,531 | $1,751,204 | $9,206,477 | 163 | 163 | 2.21 |
| 2018 | $725,285 | $1,066,189 | $9,834,887 | 162 | 162 | 1.47 |
| 2019 | $1,221,764 | $5,754,961 | $13,561,779 | 388 | 388 | 4.71 |
| 2020 | $687,509 | $1,293,745 | $10,374,198 | 188 | 188 | 1.88 |
| 2021 | $266,712 | $1,094,871 | $2,737,277 | 56 | 56 | 4.11 |
| 2022 | $445,899 | $948,379 | $4,032,047 | 79 | 79 | 2.13 |
| 2023 | $1,889,625 | $5,607,573 | $19,163,164 | 307 | 306 | 2.97 |
| 2024 | $953,595 | $2,490,362 | $8,689,050 | 175 | 175 | 2.61 |
Commodities insured in Ionia 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.
Corn 10 years filed
- 1.42Low end of the filed band
- 2.71Middle of the filed band
- 6.32High end of the filed band
- 2021Worst year filed (7.77)
- 10Years filed
- $3,126,005Premium filed
- $10,204,244Indemnity paid
- $39,441,940Liability insured
- 70,822Quantity planted
- 63,261Quantity lost
- 665Policies
- 665Policies with a loss
- 3.26Loss ratio, whole span
Causes that carried the indemnity in Ionia County
- Excess Moisture/Precipitation/Rain $5,163,607 indemnity · 10 years
- Drought $2,744,193 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $523,052 indemnity · 4 years
- Hot Wind $422,514 indemnity · 1 years
- Decline in Price $403,312 indemnity · 8 years
- Heat $318,277 indemnity · 6 years
Soybeans 10 years filed
- 1.37Low end of the filed band
- 2.33Middle of the filed band
- 2.79High end of the filed band
- 2019Worst year filed (4.38)
- 10Years filed
- $2,734,880Premium filed
- $7,115,775Indemnity paid
- $33,256,714Liability insured
- 69,302Quantity planted
- 62,811Quantity lost
- 716Policies
- 715Policies with a loss
- 2.60Loss ratio, whole span
Causes that carried the indemnity in Ionia County
- Drought $2,934,924 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $2,083,665 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $924,817 indemnity · 6 years
- Decline in Price $418,447 indemnity · 6 years
- Heat $367,893 indemnity · 8 years
- Hot Wind $230,743 indemnity · 2 years
Apples 7 years filed
- 0.90Low end of the filed band
- 1.89Middle of the filed band
- 4.09High end of the filed band
- 2023Worst year filed (4.09)
- 7Years filed
- $847,726Premium filed
- $2,094,715Indemnity paid
- $3,462,630Liability insured
- 401Quantity planted
- 412Quantity lost
- 32Policies
- 32Policies with a loss
- 2.47Loss ratio, whole span
Causes that carried the indemnity in Ionia County
- Hail $967,306 indemnity · 4 years
- Freeze $388,200 indemnity · 4 years
- Cold Wet Weather $273,927 indemnity · 1 years
- Frost $243,469 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $116,858 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $68,997 indemnity · 1 years
Wheat 10 years filed
- 1.06Low end of the filed band
- 3.04Middle of the filed band
- 4.07High end of the filed band
- 2015Worst year filed (4.57)
- 10Years filed
- $581,686Premium filed
- $1,484,116Indemnity paid
- $5,023,772Liability insured
- 15,128Quantity planted
- 15,138Quantity lost
- 246Policies
- 246Policies with a loss
- 2.55Loss ratio, whole span
Causes that carried the indemnity in Ionia County
- Excess Moisture/Precipitation/Rain $842,419 indemnity · 9 years
- Drought $128,654 indemnity · 8 years
- Cold Wet Weather $127,211 indemnity · 7 years
- Cold Winter $110,544 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $94,701 indemnity · 4 years
- Decline in Price $93,700 indemnity · 7 years
Every county-crop the agency files in Michigan → Buy the Ionia 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.