Crop-loss band · Michigan
Lapeer County, Michigan — crop-loss band
- 1.07Low end of the filed band
- 2.14Middle of the filed band
- 3.94High end of the filed band
- 2019Worst year filed (4.16)
- 10Years filed
Every year the Risk Management Agency has filed for Lapeer 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 1.07 at the low end to 3.94 at the high end, with 2.14 in the middle. The worst year filed is 2019, at 4.16. 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 | $135,346 | $532,605 | $969,010 | 66 | 66 | 3.94 |
| 2016 | $214,769 | $229,427 | $2,148,019 | 44 | 44 | 1.07 |
| 2017 | $533,635 | $1,108,166 | $4,281,113 | 98 | 98 | 2.08 |
| 2018 | $590,122 | $1,352,780 | $5,137,483 | 74 | 74 | 2.29 |
| 2019 | $1,518,903 | $6,320,312 | $11,824,912 | 362 | 362 | 4.16 |
| 2020 | $560,214 | $712,119 | $4,024,986 | 61 | 61 | 1.27 |
| 2021 | $242,759 | $427,993 | $2,283,000 | 45 | 45 | 1.76 |
| 2022 | $1,365,371 | $3,159,385 | $14,200,403 | 174 | 174 | 2.31 |
| 2023 | $2,331,728 | $5,289,914 | $22,820,698 | 228 | 228 | 2.27 |
| 2024 | $1,146,864 | $2,456,065 | $10,596,459 | 173 | 173 | 2.14 |
Commodities insured in Lapeer County
5 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
- 1.30Low end of the filed band
- 2.31Middle of the filed band
- 4.47High end of the filed band
- 2015Worst year filed (4.82)
- 10Years filed
- $3,224,339Premium filed
- $8,829,999Indemnity paid
- $35,161,156Liability insured
- 46,008Quantity planted
- 50,932Quantity lost
- 468Policies
- 468Policies with a loss
- 2.74Loss ratio, whole span
Causes that carried the indemnity in Lapeer County
- Excess Moisture/Precipitation/Rain $5,023,168 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $1,816,230 indemnity · 4 years
- Drought $1,187,135 indemnity · 9 years
- Decline in Price $398,261 indemnity · 7 years
- Mycotoxin $251,201 indemnity · 3 years
- Other (Snow, Lightning, Etc.) $88,540 indemnity · 6 years
Soybeans 10 years filed
- 0.54Low end of the filed band
- 2.09Middle of the filed band
- 3.63High end of the filed band
- 2019Worst year filed (5.70)
- 10Years filed
- $3,283,179Premium filed
- $8,401,758Indemnity paid
- $33,310,853Liability insured
- 77,850Quantity planted
- 75,786Quantity lost
- 691Policies
- 691Policies with a loss
- 2.56Loss ratio, whole span
Causes that carried the indemnity in Lapeer County
- Excess Moisture/Precipitation/Rain $4,578,603 indemnity · 10 years
- Drought $1,866,018 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $1,221,129 indemnity · 5 years
- Decline in Price $327,965 indemnity · 7 years
- Other (Snow, Lightning, Etc.) $100,749 indemnity · 2 years
- Cold Wet Weather $91,979 indemnity · 3 years
All Other Crops 9 years filed
- 1.21Low end of the filed band
- 2.35Middle of the filed band
- 3.65High end of the filed band
- 2018Worst year filed (3.65)
- 9Years filed
- $1,064,450Premium filed
- $2,452,814Indemnity paid
- $5,012,152Liability insured
- 887Quantity planted
- 675Quantity lost
- 23Policies
- 23Policies with a loss
- 2.30Loss ratio, whole span
Causes that carried the indemnity in Lapeer County
- Excess Moisture/Precipitation/Rain $1,486,626 indemnity · 6 years
- Heat $329,408 indemnity · 1 years
- Drought $244,880 indemnity · 2 years
- Hail $217,391 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $51,171 indemnity · 1 years
- Freeze $46,921 indemnity · 3 years
Onions 6 years filed
- 0.82Low end of the filed band
- 1.98Middle of the filed band
- 2.49High end of the filed band
- 2016Worst year filed (2.49)
- 6Years filed
- $773,244Premium filed
- $1,081,863Indemnity paid
- $2,446,139Liability insured
- 864Quantity planted
- 989Quantity lost
- 14Policies
- 14Policies with a loss
- 1.40Loss ratio, whole span
Causes that carried the indemnity in Lapeer County
- Wind/Excess Wind $315,628 indemnity · 2 years
- Drought $289,466 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $269,455 indemnity · 4 years
- Hail $130,670 indemnity · 1 years
- Heat $53,345 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $23,299 indemnity · 1 years
Wheat 10 years filed
- 1.42Low end of the filed band
- 2.77Middle of the filed band
- 3.89High end of the filed band
- 2015Worst year filed (4.46)
- 10Years filed
- $294,499Premium filed
- $822,332Indemnity paid
- $2,355,783Liability insured
- 9,158Quantity planted
- 9,176Quantity lost
- 129Policies
- 129Policies with a loss
- 2.79Loss ratio, whole span
Causes that carried the indemnity in Lapeer County
- Excess Moisture/Precipitation/Rain $546,968 indemnity · 8 years
- Cold Wet Weather $94,944 indemnity · 8 years
- Cold Winter $55,944 indemnity · 2 years
- Drought $48,904 indemnity · 5 years
- Other (Snow, Lightning, Etc.) $30,537 indemnity · 2 years
- Decline in Price $15,758 indemnity · 4 years
Every county-crop the agency files in Michigan → Buy the Lapeer 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.