Crop-loss band · Michigan
Newaygo County, Michigan — crop-loss band
- 1.52Low end of the filed band
- 2.02Middle of the filed band
- 2.59High end of the filed band
- 2016Worst year filed (2.79)
- 10Years filed
Every year the Risk Management Agency has filed for Newaygo 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 1.52 at the low end to 2.59 at the high end, with 2.02 in the middle. The worst year filed is 2016, at 2.79. 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 | $165,579 | $428,745 | $886,329 | 59 | 59 | 2.59 |
| 2016 | $455,206 | $1,270,050 | $3,829,397 | 37 | 37 | 2.79 |
| 2017 | $455,988 | $811,008 | $2,521,063 | 69 | 69 | 1.78 |
| 2018 | $844,906 | $1,703,764 | $6,919,033 | 81 | 79 | 2.02 |
| 2019 | $1,182,096 | $2,750,450 | $6,621,786 | 79 | 79 | 2.33 |
| 2020 | $432,192 | $657,200 | $3,296,047 | 53 | 53 | 1.52 |
| 2021 | $543,063 | $1,164,866 | $3,014,101 | 48 | 47 | 2.15 |
| 2022 | $525,433 | $1,007,502 | $2,571,398 | 36 | 36 | 1.92 |
| 2023 | $524,321 | $1,060,856 | $2,829,840 | 61 | 61 | 2.02 |
| 2024 | $690,077 | $1,083,564 | $3,275,927 | 51 | 51 | 1.57 |
Commodities insured in Newaygo 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.
Apples 10 years filed
- 0.55Low end of the filed band
- 1.70Middle of the filed band
- 2.62High end of the filed band
- 2016Worst year filed (3.17)
- 10Years filed
- $2,456,037Premium filed
- $4,274,344Indemnity paid
- $10,501,593Liability insured
- 1,068Quantity planted
- 1,068Quantity lost
- 74Policies
- 74Policies with a loss
- 1.74Loss ratio, whole span
Causes that carried the indemnity in Newaygo County
- Freeze $1,381,600 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $1,027,344 indemnity · 3 years
- Hail $709,882 indemnity · 5 years
- Frost $494,784 indemnity · 4 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $210,685 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $181,903 indemnity · 5 years
Corn 10 years filed
- 1.58Low end of the filed band
- 2.45Middle of the filed band
- 3.90High end of the filed band
- 2020Worst year filed (4.38)
- 10Years filed
- $1,474,294Premium filed
- $3,701,345Indemnity paid
- $10,300,011Liability insured
- 26,552Quantity planted
- 26,557Quantity lost
- 311Policies
- 310Policies with a loss
- 2.51Loss ratio, whole span
Causes that carried the indemnity in Newaygo County
- Drought $1,677,535 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $1,315,763 indemnity · 10 years
- Wildlife $378,622 indemnity · 9 years
- Decline in Price $155,237 indemnity · 7 years
- Other (Snow, Lightning, Etc.) $81,945 indemnity · 4 years
- Heat $54,190 indemnity · 3 years
All Other Crops 8 years filed
- 0.61Low end of the filed band
- 2.01Middle of the filed band
- 9.73High end of the filed band
- 2017Worst year filed (9.73)
- 8Years filed
- $1,327,829Premium filed
- $2,546,555Indemnity paid
- $11,434,829Liability insured
- 1,128Quantity planted
- 186Quantity lost
- 29Policies
- 29Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Newaygo County
- Drought $851,762 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $654,876 indemnity · 2 years
- Decline in Price $435,958 indemnity · 3 years
- Flood $340,808 indemnity · 1 years
- Heat $152,773 indemnity · 1 years
- Insects $63,889 indemnity · 1 years
Soybeans 10 years filed
- 1.33Low end of the filed band
- 2.21Middle of the filed band
- 3.65High end of the filed band
- 2019Worst year filed (6.21)
- 10Years filed
- $560,701Premium filed
- $1,415,761Indemnity paid
- $3,528,488Liability insured
- 11,905Quantity planted
- 11,831Quantity lost
- 160Policies
- 158Policies with a loss
- 2.53Loss ratio, whole span
Causes that carried the indemnity in Newaygo County
- Drought $770,249 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $444,369 indemnity · 8 years
- Wildlife $72,581 indemnity · 9 years
- Decline in Price $57,065 indemnity · 5 years
- Cold Wet Weather $23,753 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $21,689 indemnity · 2 years
Every county-crop the agency files in Michigan → Buy the Newaygo 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.