Crop-loss band · Michigan
Wayne County, Michigan — crop-loss band
- 2.89Low end of the filed band
- 3.54Middle of the filed band
- 5.02High end of the filed band
- 2019Worst year filed (5.19)
- 10Years filed
Every year the Risk Management Agency has filed for Wayne 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 2.89 at the low end to 5.02 at the high end, with 3.54 in the middle. The worst year filed is 2019, at 5.19. 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 | $151,389 | $759,824 | $1,015,709 | 49 | 48 | 5.02 |
| 2016 | $85,428 | $304,367 | $809,607 | 20 | 20 | 3.56 |
| 2017 | $134,942 | $435,892 | $1,056,266 | 29 | 29 | 3.23 |
| 2018 | $115,911 | $520,648 | $864,515 | 38 | 38 | 4.49 |
| 2019 | $116,472 | $605,065 | $770,427 | 43 | 43 | 5.19 |
| 2020 | $53,301 | $188,752 | $523,960 | 19 | 19 | 3.54 |
| 2021 | $70,764 | $215,151 | $579,178 | 14 | 14 | 3.04 |
| 2022 | $165,731 | $593,094 | $1,387,102 | 43 | 43 | 3.58 |
| 2023 | $68,665 | $198,196 | $622,687 | 26 | 26 | 2.89 |
| 2024 | $96,896 | $303,119 | $764,738 | 35 | 35 | 3.13 |
Commodities insured in Wayne County
2 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
- 2.08Low end of the filed band
- 3.29Middle of the filed band
- 4.69High end of the filed band
- 2019Worst year filed (5.27)
- 10Years filed
- $743,680Premium filed
- $2,729,583Indemnity paid
- $5,847,142Liability insured
- 20,410Quantity planted
- 20,581Quantity lost
- 228Policies
- 227Policies with a loss
- 3.67Loss ratio, whole span
Causes that carried the indemnity in Wayne County
- Excess Moisture/Precipitation/Rain $1,311,614 indemnity · 9 years
- Drought $908,967 indemnity · 7 years
- Heat $244,246 indemnity · 6 years
- Cold Wet Weather $112,596 indemnity · 3 years
- ARPI/SCO/STAX/MP Crops Only $52,624 indemnity · 4 years
- Decline in Price $32,770 indemnity · 5 years
Corn 10 years filed
- 2.38Low end of the filed band
- 4.00Middle of the filed band
- 5.62High end of the filed band
- 2021Worst year filed (6.88)
- 10Years filed
- $315,819Premium filed
- $1,394,525Indemnity paid
- $2,547,047Liability insured
- 7,032Quantity planted
- 7,166Quantity lost
- 88Policies
- 88Policies with a loss
- 4.42Loss ratio, whole span
Causes that carried the indemnity in Wayne County
- Excess Moisture/Precipitation/Rain $805,880 indemnity · 9 years
- Drought $265,920 indemnity · 5 years
- Cold Wet Weather $89,910 indemnity · 2 years
- Plant Disease $83,203 indemnity · 1 years
- Heat $63,435 indemnity · 5 years
- Wildlife $37,997 indemnity · 1 years
Every county-crop the agency files in Michigan → Buy the Wayne 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.