Crop-loss band · Minnesota
Carver County, Minnesota — crop-loss band
- 1.14Low end of the filed band
- 1.77Middle of the filed band
- 3.68High end of the filed band
- 2019Worst year filed (3.85)
- 10Years filed
Every year the Risk Management Agency has filed for Carver 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 3.68 at the high end, with 1.77 in the middle. The worst year filed is 2019, at 3.85. 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 | $44,795 | $164,806 | $665,708 | 20 | 20 | 3.68 |
| 2016 | $50,552 | $151,716 | $588,548 | 36 | 36 | 3.00 |
| 2017 | $381,361 | $434,507 | $5,074,277 | 93 | 93 | 1.14 |
| 2018 | $675,087 | $1,193,208 | $8,760,305 | 176 | 176 | 1.77 |
| 2019 | $827,761 | $3,185,494 | $8,917,465 | 273 | 273 | 3.85 |
| 2020 | $87,340 | $148,190 | $1,109,302 | 30 | 30 | 1.70 |
| 2021 | $245,773 | $735,332 | $2,519,978 | 54 | 54 | 2.99 |
| 2022 | $580,201 | $933,437 | $6,049,352 | 98 | 98 | 1.61 |
| 2023 | $2,356,141 | $3,616,765 | $27,999,904 | 243 | 243 | 1.54 |
| 2024 | $3,419,655 | $8,303,541 | $45,018,197 | 519 | 519 | 2.43 |
Commodities insured in Carver 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.
Corn 10 years filed
- 1.09Low end of the filed band
- 1.86Middle of the filed band
- 4.14High end of the filed band
- 2015Worst year filed (4.99)
- 10Years filed
- $6,061,984Premium filed
- $13,161,966Indemnity paid
- $74,269,496Liability insured
- 98,002Quantity planted
- 90,780Quantity lost
- 882Policies
- 882Policies with a loss
- 2.17Loss ratio, whole span
Causes that carried the indemnity in Carver County
- Excess Moisture/Precipitation/Rain $8,251,158 indemnity · 9 years
- Drought $3,044,754 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $734,975 indemnity · 2 years
- Cold Wet Weather $459,526 indemnity · 5 years
- Decline in Price $398,730 indemnity · 6 years
- Hail $106,599 indemnity · 5 years
Soybeans 10 years filed
- 1.23Low end of the filed band
- 1.83Middle of the filed band
- 3.02High end of the filed band
- 2021Worst year filed (3.13)
- 10Years filed
- $2,606,682Premium filed
- $5,705,030Indemnity paid
- $32,433,540Liability insured
- 63,757Quantity planted
- 60,287Quantity lost
- 660Policies
- 660Policies with a loss
- 2.19Loss ratio, whole span
Causes that carried the indemnity in Carver County
- Excess Moisture/Precipitation/Rain $3,849,079 indemnity · 10 years
- Drought $1,152,099 indemnity · 7 years
- Decline in Price $184,943 indemnity · 6 years
- Hail $150,393 indemnity · 7 years
- Cold Wet Weather $148,987 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $63,089 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Carver 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.