Crop-loss band · Michigan
Presque Isle County, Michigan — crop-loss band
- 1.63Low end of the filed band
- 2.20Middle of the filed band
- 3.09High end of the filed band
- 2016Worst year filed (3.27)
- 10Years filed
Every year the Risk Management Agency has filed for Presque Isle 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 1.63 at the low end to 3.09 at the high end, with 2.20 in the middle. The worst year filed is 2016, at 3.27. 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 | $73,244 | $180,093 | $393,456 | 35 | 35 | 2.46 |
| 2016 | $166,546 | $543,819 | $1,240,080 | 60 | 58 | 3.27 |
| 2017 | $52,722 | $115,551 | $202,752 | 20 | 20 | 2.19 |
| 2018 | $172,286 | $532,700 | $1,247,931 | 51 | 51 | 3.09 |
| 2019 | $183,518 | $463,401 | $1,005,804 | 50 | 50 | 2.53 |
| 2020 | $84,945 | $146,378 | $493,987 | 19 | 19 | 1.72 |
| 2021 | $106,429 | $234,655 | $598,722 | 27 | 27 | 2.20 |
| 2022 | $331,344 | $580,285 | $1,990,335 | 36 | 36 | 1.75 |
| 2023 | $258,335 | $420,546 | $1,160,818 | 55 | 55 | 1.63 |
| 2024 | $240,641 | $545,450 | $1,437,707 | 38 | 38 | 2.27 |
Commodities insured in Presque Isle 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.
Soybeans 10 years filed
- 1.61Low end of the filed band
- 2.16Middle of the filed band
- 4.58High end of the filed band
- 2016Worst year filed (6.31)
- 10Years filed
- $742,825Premium filed
- $1,835,064Indemnity paid
- $4,664,966Liability insured
- 19,506Quantity planted
- 19,511Quantity lost
- 166Policies
- 164Policies with a loss
- 2.47Loss ratio, whole span
Causes that carried the indemnity in Presque Isle County
- Drought $1,059,928 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $376,861 indemnity · 8 years
- Decline in Price $157,294 indemnity · 6 years
- Cold Wet Weather $88,564 indemnity · 1 years
- Wildlife $62,348 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $39,046 indemnity · 3 years
Corn 10 years filed
- 1.45Low end of the filed band
- 2.07Middle of the filed band
- 2.40High end of the filed band
- 2016Worst year filed (2.87)
- 10Years filed
- $668,253Premium filed
- $1,344,586Indemnity paid
- $3,353,225Liability insured
- 10,652Quantity planted
- 10,652Quantity lost
- 128Policies
- 128Policies with a loss
- 2.01Loss ratio, whole span
Causes that carried the indemnity in Presque Isle County
- Drought $768,796 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $305,725 indemnity · 8 years
- Decline in Price $105,175 indemnity · 6 years
- Cold Wet Weather $68,898 indemnity · 3 years
- Wildlife $39,816 indemnity · 5 years
- Heat $23,333 indemnity · 1 years
Wheat 10 years filed
- 0.78Low end of the filed band
- 2.52Middle of the filed band
- 3.86High end of the filed band
- 2015Worst year filed (4.92)
- 10Years filed
- $258,932Premium filed
- $583,228Indemnity paid
- $1,753,401Liability insured
- 8,671Quantity planted
- 8,680Quantity lost
- 97Policies
- 97Policies with a loss
- 2.25Loss ratio, whole span
Causes that carried the indemnity in Presque Isle County
- Drought $200,419 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $150,325 indemnity · 7 years
- Cold Winter $110,035 indemnity · 6 years
- Cold Wet Weather $55,355 indemnity · 7 years
- Decline in Price $54,372 indemnity · 4 years
- Wildlife $6,584 indemnity · 2 years
Every county-crop the agency files in Michigan → Buy the Presque Isle 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.