Crop-loss band · Minnesota
Rock County, Minnesota — crop-loss band
- 0.92Low end of the filed band
- 2.07Middle of the filed band
- 2.70High end of the filed band
- 2019Worst year filed (4.50)
- 10Years filed
Every year the Risk Management Agency has filed for Rock 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 0.92 at the low end to 2.70 at the high end, with 2.07 in the middle. The worst year filed is 2019, at 4.50. 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 | $179,912 | $165,199 | $2,654,595 | 50 | 49 | 0.92 |
| 2016 | $160,446 | $222,120 | $2,518,473 | 47 | 46 | 1.38 |
| 2017 | $581,066 | $821,581 | $9,423,020 | 174 | 174 | 1.41 |
| 2018 | $1,864,251 | $4,410,996 | $35,730,382 | 418 | 418 | 2.37 |
| 2019 | $4,656,718 | $20,960,987 | $86,969,921 | 1,092 | 1,091 | 4.50 |
| 2020 | $470,015 | $1,269,084 | $8,146,185 | 96 | 96 | 2.70 |
| 2021 | $431,986 | $1,138,109 | $5,984,432 | 88 | 88 | 2.63 |
| 2022 | $1,100,873 | $1,666,846 | $16,526,117 | 200 | 200 | 1.51 |
| 2023 | $7,131,386 | $15,341,849 | $103,010,990 | 817 | 817 | 2.15 |
| 2024 | $5,041,473 | $10,435,341 | $66,767,832 | 781 | 781 | 2.07 |
Commodities insured in Rock 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
- 0.88Low end of the filed band
- 1.80Middle of the filed band
- 2.61High end of the filed band
- 2019Worst year filed (4.52)
- 10Years filed
- $15,440,967Premium filed
- $41,400,068Indemnity paid
- $233,357,975Liability insured
- 298,331Quantity planted
- 296,121Quantity lost
- 2,151Policies
- 2,148Policies with a loss
- 2.68Loss ratio, whole span
Causes that carried the indemnity in Rock County
- Excess Moisture/Precipitation/Rain $18,370,149 indemnity · 8 years
- Drought $10,925,653 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $3,511,036 indemnity · 3 years
- Wind/Excess Wind $3,407,610 indemnity · 4 years
- Decline in Price $2,978,027 indemnity · 8 years
- Cold Wet Weather $1,623,164 indemnity · 8 years
Soybeans 10 years filed
- 1.01Low end of the filed band
- 2.42Middle of the filed band
- 3.31High end of the filed band
- 2019Worst year filed (4.41)
- 10Years filed
- $6,177,159Premium filed
- $15,032,044Indemnity paid
- $104,373,972Liability insured
- 189,913Quantity planted
- 188,563Quantity lost
- 1,612Policies
- 1,612Policies with a loss
- 2.43Loss ratio, whole span
Causes that carried the indemnity in Rock County
- Excess Moisture/Precipitation/Rain $7,848,421 indemnity · 10 years
- Drought $3,087,724 indemnity · 7 years
- Decline in Price $1,571,590 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $1,320,385 indemnity · 3 years
- Cold Wet Weather $437,894 indemnity · 7 years
- Hail $381,045 indemnity · 7 years
Every county-crop the agency files in Minnesota → Buy the Rock 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.