Crop-loss band · Michigan
Monroe County, Michigan — crop-loss band
- 1.14Low end of the filed band
- 1.72Middle of the filed band
- 3.33High end of the filed band
- 2019Worst year filed (5.51)
- 10Years filed
Every year the Risk Management Agency has filed for Monroe 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 1.14 at the low end to 3.33 at the high end, with 1.72 in the middle. The worst year filed is 2019, at 5.51. 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 | $2,569,779 | $8,545,833 | $25,561,282 | 598 | 598 | 3.33 |
| 2016 | $492,592 | $561,683 | $5,183,334 | 120 | 120 | 1.14 |
| 2017 | $823,749 | $1,162,046 | $7,725,493 | 188 | 188 | 1.41 |
| 2018 | $1,716,067 | $4,398,919 | $17,915,188 | 365 | 365 | 2.56 |
| 2019 | $3,110,618 | $17,142,568 | $20,662,920 | 649 | 649 | 5.51 |
| 2020 | $2,251,469 | $2,879,092 | $25,681,517 | 504 | 503 | 1.28 |
| 2021 | $589,666 | $1,015,740 | $5,650,864 | 133 | 133 | 1.72 |
| 2022 | $2,076,056 | $4,616,100 | $18,563,405 | 347 | 347 | 2.22 |
| 2023 | $1,402,575 | $1,919,731 | $12,387,225 | 221 | 221 | 1.37 |
| 2024 | $1,627,271 | $3,295,642 | $16,106,939 | 373 | 373 | 2.03 |
Commodities insured in Monroe 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
- 1.05Low end of the filed band
- 2.50Middle of the filed band
- 4.47High end of the filed band
- 2019Worst year filed (5.71)
- 10Years filed
- $7,196,349Premium filed
- $22,735,964Indemnity paid
- $62,200,073Liability insured
- 126,670Quantity planted
- 116,674Quantity lost
- 1,163Policies
- 1,163Policies with a loss
- 3.16Loss ratio, whole span
Causes that carried the indemnity in Monroe County
- Excess Moisture/Precipitation/Rain $15,429,636 indemnity · 10 years
- Cold Wet Weather $3,920,723 indemnity · 8 years
- Drought $1,573,961 indemnity · 8 years
- Decline in Price $610,006 indemnity · 7 years
- ARPI/SCO/STAX Crops Only $593,320 indemnity · 5 years
- Mycotoxin $202,484 indemnity · 3 years
Soybeans 10 years filed
- 1.10Low end of the filed band
- 1.61Middle of the filed band
- 4.22High end of the filed band
- 2019Worst year filed (7.27)
- 10Years filed
- $7,699,093Premium filed
- $18,577,478Indemnity paid
- $77,766,013Liability insured
- 193,526Quantity planted
- 181,867Quantity lost
- 1,674Policies
- 1,673Policies with a loss
- 2.41Loss ratio, whole span
Causes that carried the indemnity in Monroe County
- Excess Moisture/Precipitation/Rain $8,950,458 indemnity · 10 years
- Drought $5,088,707 indemnity · 8 years
- Cold Wet Weather $1,718,363 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $935,912 indemnity · 4 years
- Heat $883,714 indemnity · 8 years
- Decline in Price $653,902 indemnity · 7 years
Wheat 10 years filed
- 0.72Low end of the filed band
- 2.27Middle of the filed band
- 4.21High end of the filed band
- 2017Worst year filed (5.46)
- 10Years filed
- $1,764,400Premium filed
- $4,223,912Indemnity paid
- $15,472,080Liability insured
- 42,658Quantity planted
- 42,682Quantity lost
- 661Policies
- 661Policies with a loss
- 2.39Loss ratio, whole span
Causes that carried the indemnity in Monroe County
- Excess Moisture/Precipitation/Rain $1,932,875 indemnity · 10 years
- Cold Wet Weather $995,696 indemnity · 7 years
- Mycotoxin $389,231 indemnity · 1 years
- Decline in Price $196,608 indemnity · 9 years
- Plant Disease $192,826 indemnity · 2 years
- Cold Winter $192,531 indemnity · 3 years
Every county-crop the agency files in Michigan → Buy the Monroe 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.