Crop-loss band · Minnesota
Chippewa County, Minnesota — crop-loss band
- 1.54Low end of the filed band
- 2.35Middle of the filed band
- 3.99High end of the filed band
- 2019Worst year filed (5.54)
- 10Years filed
Every year the Risk Management Agency has filed for Chippewa 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 1.54 at the low end to 3.99 at the high end, with 2.35 in the middle. The worst year filed is 2019, at 5.54. 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 | $556,557 | $859,404 | $7,990,804 | 129 | 122 | 1.54 |
| 2016 | $593,023 | $1,839,214 | $7,664,921 | 130 | 126 | 3.10 |
| 2017 | $1,175,872 | $2,223,019 | $14,802,394 | 301 | 300 | 1.89 |
| 2018 | $3,240,874 | $12,915,231 | $45,459,339 | 438 | 435 | 3.99 |
| 2019 | $3,314,922 | $18,349,323 | $40,865,360 | 812 | 812 | 5.54 |
| 2020 | $374,457 | $1,058,115 | $4,467,396 | 73 | 73 | 2.83 |
| 2021 | $1,034,899 | $1,669,706 | $12,737,670 | 177 | 177 | 1.61 |
| 2022 | $1,479,860 | $3,676,634 | $18,315,829 | 257 | 257 | 2.48 |
| 2023 | $5,436,289 | $10,577,195 | $89,250,375 | 672 | 672 | 1.95 |
| 2024 | $5,814,405 | $13,637,544 | $82,541,470 | 863 | 863 | 2.35 |
Commodities insured in Chippewa 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.
Corn 10 years filed
- 1.50Low end of the filed band
- 2.05Middle of the filed band
- 4.10High end of the filed band
- 2019Worst year filed (7.06)
- 10Years filed
- $12,137,721Premium filed
- $34,710,106Indemnity paid
- $182,305,287Liability insured
- 246,734Quantity planted
- 238,150Quantity lost
- 1,796Policies
- 1,791Policies with a loss
- 2.86Loss ratio, whole span
Causes that carried the indemnity in Chippewa County
- Excess Moisture/Precipitation/Rain $21,555,362 indemnity · 9 years
- Drought $7,122,133 indemnity · 7 years
- Decline in Price $2,822,952 indemnity · 7 years
- Hail $1,348,231 indemnity · 8 years
- Cold Wet Weather $736,593 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $615,329 indemnity · 3 years
Sugar Beets 10 years filed
- 0.51Low end of the filed band
- 1.55Middle of the filed band
- 3.27High end of the filed band
- 2018Worst year filed (4.92)
- 10Years filed
- $4,237,523Premium filed
- $15,383,605Indemnity paid
- $53,555,108Liability insured
- 51,514Quantity planted
- 50,695Quantity lost
- 432Policies
- 428Policies with a loss
- 3.63Loss ratio, whole span
Causes that carried the indemnity in Chippewa County
- Excess Moisture/Precipitation/Rain $13,550,926 indemnity · 8 years
- Cold Wet Weather $515,573 indemnity · 2 years
- Drought $322,542 indemnity · 5 years
- Wind/Excess Wind $245,469 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $164,176 indemnity · 3 years
- Plant Disease $156,712 indemnity · 1 years
Soybeans 10 years filed
- 1.47Low end of the filed band
- 2.03Middle of the filed band
- 4.72High end of the filed band
- 2019Worst year filed (4.76)
- 10Years filed
- $5,316,950Premium filed
- $13,240,883Indemnity paid
- $75,770,695Liability insured
- 156,508Quantity planted
- 154,581Quantity lost
- 1,477Policies
- 1,473Policies with a loss
- 2.49Loss ratio, whole span
Causes that carried the indemnity in Chippewa County
- Excess Moisture/Precipitation/Rain $6,652,514 indemnity · 9 years
- Drought $4,077,549 indemnity · 7 years
- Hail $1,482,911 indemnity · 9 years
- Decline in Price $713,431 indemnity · 8 years
- Cold Wet Weather $167,446 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $57,095 indemnity · 3 years
Dry Beans 10 years filed
- 0.46Low end of the filed band
- 1.61Middle of the filed band
- 3.99High end of the filed band
- 2022Worst year filed (4.29)
- 10Years filed
- $1,328,964Premium filed
- $3,470,791Indemnity paid
- $12,464,468Liability insured
- 16,209Quantity planted
- 16,605Quantity lost
- 147Policies
- 145Policies with a loss
- 2.61Loss ratio, whole span
Causes that carried the indemnity in Chippewa County
- Excess Moisture/Precipitation/Rain $2,051,137 indemnity · 7 years
- Decline in Price $546,650 indemnity · 4 years
- Hail $367,270 indemnity · 4 years
- Drought $359,010 indemnity · 3 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $59,760 indemnity · 2 years
- Cold Wet Weather $43,930 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Chippewa 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.