Crop-loss band · Minnesota
Scott County, Minnesota — crop-loss band
- 1.27Low end of the filed band
- 1.94Middle of the filed band
- 2.46High end of the filed band
- 2019Worst year filed (2.85)
- 10Years filed
Every year the Risk Management Agency has filed for Scott 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 1.27 at the low end to 2.46 at the high end, with 1.94 in the middle. The worst year filed is 2019, at 2.85. 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 | $14,427 | $31,372 | $118,815 | 7 | 7 | 2.17 |
| 2016 | $61,749 | $119,526 | $549,121 | 19 | 19 | 1.94 |
| 2017 | $334,769 | $426,600 | $3,660,762 | 77 | 77 | 1.27 |
| 2018 | $654,857 | $1,083,886 | $7,883,262 | 151 | 151 | 1.66 |
| 2019 | $681,224 | $1,944,032 | $7,854,708 | 182 | 182 | 2.85 |
| 2020 | $103,537 | $174,031 | $1,148,858 | 29 | 29 | 1.68 |
| 2021 | $455,252 | $1,117,900 | $4,370,247 | 59 | 59 | 2.46 |
| 2022 | $1,005,503 | $2,209,834 | $10,323,228 | 158 | 158 | 2.20 |
| 2023 | $1,858,777 | $3,612,189 | $22,466,381 | 292 | 292 | 1.94 |
| 2024 | $2,209,822 | $4,915,815 | $27,019,821 | 388 | 388 | 2.22 |
Commodities insured in Scott 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
- 2.05Middle of the filed band
- 2.59High end of the filed band
- 2019Worst year filed (3.37)
- 10Years filed
- $4,702,502Premium filed
- $10,223,107Indemnity paid
- $54,581,603Liability insured
- 71,561Quantity planted
- 69,106Quantity lost
- 780Policies
- 780Policies with a loss
- 2.17Loss ratio, whole span
Causes that carried the indemnity in Scott County
- Drought $4,620,788 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $4,344,614 indemnity · 9 years
- Decline in Price $574,575 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $212,405 indemnity · 3 years
- Flood $155,526 indemnity · 3 years
- Heat $154,206 indemnity · 4 years
Soybeans 10 years filed
- 1.47Low end of the filed band
- 1.88Middle of the filed band
- 2.17High end of the filed band
- 2024Worst year filed (2.50)
- 10Years filed
- $2,677,415Premium filed
- $5,412,078Indemnity paid
- $30,813,600Liability insured
- 61,445Quantity planted
- 59,732Quantity lost
- 582Policies
- 582Policies with a loss
- 2.02Loss ratio, whole span
Causes that carried the indemnity in Scott County
- Excess Moisture/Precipitation/Rain $3,190,921 indemnity · 8 years
- Drought $1,519,525 indemnity · 6 years
- Decline in Price $385,439 indemnity · 7 years
- Cold Wet Weather $92,833 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $76,242 indemnity · 2 years
- Flood $65,186 indemnity · 3 years
Every county-crop the agency files in Minnesota → Buy the Scott 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.