Crop-loss band · Minnesota
Aitkin County, Minnesota — crop-loss band
- 1.16Low end of the filed band
- 2.32Middle of the filed band
- 2.68High end of the filed band
- 2020Worst year filed (4.04)
- 10Years filed
Every year the Risk Management Agency has filed for Aitkin 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 1.16 at the low end to 2.68 at the high end, with 2.32 in the middle. The worst year filed is 2020, at 4.04. 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 | $121,241 | $281,445 | $328,715 | 13 | 13 | 2.32 |
| 2016 | $145,457 | $168,304 | $646,144 | 6 | 6 | 1.16 |
| 2017 | $138,319 | $367,879 | $440,953 | 22 | 22 | 2.66 |
| 2018 | $186,320 | $413,599 | $729,787 | 39 | 39 | 2.22 |
| 2019 | $183,349 | $450,222 | $666,561 | 24 | 24 | 2.46 |
| 2020 | $187,308 | $756,935 | $1,014,245 | 14 | 14 | 4.04 |
| 2021 | $183,546 | $247,271 | $991,829 | 17 | 17 | 1.35 |
| 2022 | $423,903 | $853,701 | $1,128,548 | 18 | 18 | 2.01 |
| 2023 | $178,199 | $476,951 | $1,150,189 | 23 | 23 | 2.68 |
| 2024 | $279,444 | $657,992 | $1,143,469 | 20 | 20 | 2.35 |
Commodities insured in Aitkin 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
- 0.86Low end of the filed band
- 1.79Middle of the filed band
- 2.07High end of the filed band
- 2020Worst year filed (3.66)
- 10Years filed
- $1,319,943Premium filed
- $2,412,945Indemnity paid
- $4,799,797Liability insured
- 24,758Quantity planted
- 24,688Quantity lost
- 104Policies
- 104Policies with a loss
- 1.83Loss ratio, whole span
Causes that carried the indemnity in Aitkin County
- Excess Moisture/Precipitation/Rain $1,646,160 indemnity · 9 years
- Hail $273,884 indemnity · 2 years
- Drought $251,813 indemnity · 4 years
- Cold Wet Weather $90,400 indemnity · 2 years
- Frost $59,145 indemnity · 2 years
- Freeze $55,021 indemnity · 2 years
Corn 10 years filed
- 2.35Low end of the filed band
- 3.43Middle of the filed band
- 3.87High end of the filed band
- 2020Worst year filed (4.93)
- 10Years filed
- $707,143Premium filed
- $2,261,354Indemnity paid
- $3,440,643Liability insured
- 12,111Quantity planted
- 12,100Quantity lost
- 92Policies
- 92Policies with a loss
- 3.20Loss ratio, whole span
Causes that carried the indemnity in Aitkin County
- Excess Moisture/Precipitation/Rain $1,330,962 indemnity · 8 years
- Drought $804,414 indemnity · 4 years
- Cold Wet Weather $115,747 indemnity · 3 years
- Frost $4,214 indemnity · 1 years
- Wildlife $3,464 indemnity · 3 years
- All Other Causes $2,274 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Aitkin 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.