Crop-loss band · Minnesota
Koochiching County, Minnesota — crop-loss band
- 1.07Low end of the filed band
- 2.35Middle of the filed band
- 3.18High end of the filed band
- 2024Worst year filed (3.81)
- 10Years filed
Every year the Risk Management Agency has filed for Koochiching 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 1.07 at the low end to 3.18 at the high end, with 2.35 in the middle. The worst year filed is 2024, at 3.81. 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 | $38,293 | $121,350 | $160,073 | 10 | 10 | 3.17 |
| 2016 | $5,895 | $15,644 | $33,099 | 3 | 3 | 2.65 |
| 2017 | $41,136 | $130,715 | $216,002 | 12 | 12 | 3.18 |
| 2018 | $50,283 | $123,406 | $302,108 | 14 | 14 | 2.45 |
| 2019 | $238,284 | $548,476 | $1,125,983 | 11 | 11 | 2.30 |
| 2020 | $207,803 | $403,039 | $973,511 | 10 | 10 | 1.94 |
| 2021 | $299,556 | $419,555 | $1,857,356 | 25 | 25 | 1.40 |
| 2022 | $95,025 | $223,487 | $510,690 | 14 | 14 | 2.35 |
| 2023 | $107,864 | $114,923 | $572,865 | 17 | 17 | 1.07 |
| 2024 | $275,334 | $1,047,793 | $1,780,346 | 29 | 29 | 3.81 |
Commodities insured in Koochiching 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.
All Other Crops 10 years filed
- 1.03Low end of the filed band
- 1.80Middle of the filed band
- 2.76High end of the filed band
- 2017Worst year filed (3.18)
- 10Years filed
- $877,052Premium filed
- $1,681,725Indemnity paid
- $4,736,032Liability insured
- 17,171Quantity planted
- 12,441Quantity lost
- 90Policies
- 90Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Koochiching County
- Excess Moisture/Precipitation/Rain $694,535 indemnity · 6 years
- Drought $408,577 indemnity · 3 years
- Cold Wet Weather $270,694 indemnity · 3 years
- ARPI/SCO/STAX/MP Crops Only $149,775 indemnity · 9 years
- Wildlife $57,315 indemnity · 2 years
- Freeze $57,250 indemnity · 1 years
Soybeans 5 years filed
- 0.97Low end of the filed band
- 3.17Middle of the filed band
- 3.88High end of the filed band
- 2024Worst year filed (3.88)
- 5Years filed
- $482,421Premium filed
- $1,466,663Indemnity paid
- $2,796,001Liability insured
- 9,920Quantity planted
- 9,900Quantity lost
- 55Policies
- 55Policies with a loss
- 3.04Loss ratio, whole span
Causes that carried the indemnity in Koochiching County
- Excess Moisture/Precipitation/Rain $1,374,105 indemnity · 5 years
- Drought $81,032 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $5,918 indemnity · 1 years
- Decline in Price $5,608 indemnity · 3 years
Every county-crop the agency files in Minnesota → Buy the Koochiching 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.