Crop-loss band · Minnesota
Renville County, Minnesota — crop-loss band
- 1.53Low end of the filed band
- 2.26Middle of the filed band
- 3.25High end of the filed band
- 2020Worst year filed (3.63)
- 10Years filed
Every year the Risk Management Agency has filed for Renville 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 1.53 at the low end to 3.25 at the high end, with 2.26 in the middle. The worst year filed is 2020, at 3.63. 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 | $728,333 | $1,114,781 | $10,222,432 | 188 | 188 | 1.53 |
| 2016 | $1,836,240 | $4,894,929 | $24,904,018 | 362 | 361 | 2.67 |
| 2017 | $1,749,700 | $3,960,122 | $22,050,675 | 491 | 491 | 2.26 |
| 2018 | $7,405,764 | $22,295,201 | $98,138,425 | 1,039 | 1,039 | 3.01 |
| 2019 | $6,038,905 | $19,188,159 | $75,674,945 | 1,133 | 1,130 | 3.18 |
| 2020 | $1,725,837 | $6,272,032 | $19,405,178 | 330 | 330 | 3.63 |
| 2021 | $2,885,625 | $6,505,102 | $34,073,438 | 523 | 523 | 2.25 |
| 2022 | $3,068,962 | $4,714,267 | $37,525,970 | 438 | 438 | 1.54 |
| 2023 | $9,302,453 | $18,594,960 | $148,238,897 | 1,131 | 1,131 | 2.00 |
| 2024 | $16,852,135 | $54,841,769 | $250,106,144 | 2,151 | 2,151 | 3.25 |
Commodities insured in Renville County
6 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
- 0.75Low end of the filed band
- 1.95Middle of the filed band
- 3.85High end of the filed band
- 2020Worst year filed (4.84)
- 10Years filed
- $23,970,377Premium filed
- $60,996,383Indemnity paid
- $390,252,800Liability insured
- 501,493Quantity planted
- 471,216Quantity lost
- 2,958Policies
- 2,956Policies with a loss
- 2.54Loss ratio, whole span
Causes that carried the indemnity in Renville County
- Excess Moisture/Precipitation/Rain $38,367,550 indemnity · 9 years
- Drought $12,349,196 indemnity · 7 years
- Decline in Price $3,322,853 indemnity · 9 years
- Hail $3,236,205 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $2,030,405 indemnity · 2 years
- Cold Wet Weather $956,949 indemnity · 7 years
Soybeans 10 years filed
- 1.55Low end of the filed band
- 1.80Middle of the filed band
- 3.17High end of the filed band
- 2024Worst year filed (3.26)
- 10Years filed
- $13,810,690Premium filed
- $33,568,925Indemnity paid
- $189,581,473Liability insured
- 375,473Quantity planted
- 363,626Quantity lost
- 2,940Policies
- 2,940Policies with a loss
- 2.43Loss ratio, whole span
Causes that carried the indemnity in Renville County
- Excess Moisture/Precipitation/Rain $21,850,185 indemnity · 10 years
- Drought $5,852,057 indemnity · 7 years
- Hail $2,968,660 indemnity · 10 years
- Decline in Price $1,758,465 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $574,332 indemnity · 2 years
- Cold Wet Weather $268,380 indemnity · 7 years
Sugar Beets 10 years filed
- 0.97Low end of the filed band
- 2.52Middle of the filed band
- 4.16High end of the filed band
- 2018Worst year filed (4.56)
- 10Years filed
- $7,280,645Premium filed
- $25,856,958Indemnity paid
- $91,541,027Liability insured
- 83,605Quantity planted
- 80,781Quantity lost
- 697Policies
- 697Policies with a loss
- 3.55Loss ratio, whole span
Causes that carried the indemnity in Renville County
- Excess Moisture/Precipitation/Rain $23,909,520 indemnity · 9 years
- Drought $477,226 indemnity · 5 years
- Cold Wet Weather $443,980 indemnity · 5 years
- Frost $259,681 indemnity · 3 years
- Hail $238,205 indemnity · 5 years
- Freeze $176,213 indemnity · 5 years
Dry Beans 10 years filed
- 0.97Low end of the filed band
- 1.91Middle of the filed band
- 3.28High end of the filed band
- 2024Worst year filed (3.62)
- 10Years filed
- $3,725,076Premium filed
- $11,059,069Indemnity paid
- $27,183,407Liability insured
- 40,102Quantity planted
- 40,770Quantity lost
- 291Policies
- 289Policies with a loss
- 2.97Loss ratio, whole span
Causes that carried the indemnity in Renville County
- Excess Moisture/Precipitation/Rain $9,168,242 indemnity · 6 years
- Drought $661,637 indemnity · 6 years
- Hail $413,919 indemnity · 7 years
- Cold Wet Weather $324,399 indemnity · 2 years
- Decline in Price $208,996 indemnity · 7 years
- Freeze $154,565 indemnity · 1 years
Green Peas 10 years filed
- 1.24Low end of the filed band
- 2.34Middle of the filed band
- 3.66High end of the filed band
- 2015Worst year filed (4.49)
- 10Years filed
- $2,265,633Premium filed
- $5,672,021Indemnity paid
- $12,253,480Liability insured
- 30,183Quantity planted
- 30,089Quantity lost
- 501Policies
- 501Policies with a loss
- 2.50Loss ratio, whole span
Causes that carried the indemnity in Renville County
- Heat $3,142,238 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $2,381,160 indemnity · 6 years
- Other (Snow, Lightning, Etc.) $72,648 indemnity · 4 years
- Hail $70,309 indemnity · 3 years
- Cold Wet Weather $3,991 indemnity · 1 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $1,676 indemnity · 1 years
Sweet Corn 10 years filed
- 4.67Low end of the filed band
- 11.44Middle of the filed band
- 15.65High end of the filed band
- 2017Worst year filed (17.86)
- 10Years filed
- $541,532Premium filed
- $5,227,966Indemnity paid
- $9,527,935Liability insured
- 23,773Quantity planted
- 23,772Quantity lost
- 399Policies
- 399Policies with a loss
- 9.65Loss ratio, whole span
Causes that carried the indemnity in Renville County
- Heat $2,525,854 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $1,478,522 indemnity · 7 years
- Cold Wet Weather $547,267 indemnity · 2 years
- Hail $515,493 indemnity · 4 years
- Wind/Excess Wind $79,637 indemnity · 2 years
- Drought $46,778 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Renville 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.