Crop-loss band · Minnesota
Wabasha County, Minnesota — crop-loss band
- 1.82Low end of the filed band
- 2.39Middle of the filed band
- 3.90High end of the filed band
- 2019Worst year filed (3.97)
- 10Years filed
Every year the Risk Management Agency has filed for Wabasha 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 1.82 at the low end to 3.90 at the high end, with 2.39 in the middle. The worst year filed is 2019, at 3.97. 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 | $216,933 | $505,789 | $3,002,809 | 63 | 63 | 2.33 |
| 2016 | $339,639 | $1,323,691 | $6,026,520 | 112 | 112 | 3.90 |
| 2017 | $436,908 | $797,189 | $6,373,833 | 145 | 145 | 1.82 |
| 2018 | $767,155 | $1,524,436 | $11,201,996 | 273 | 271 | 1.99 |
| 2019 | $1,018,568 | $4,047,457 | $11,314,158 | 217 | 217 | 3.97 |
| 2020 | $372,184 | $1,328,412 | $2,871,038 | 62 | 62 | 3.57 |
| 2021 | $950,952 | $2,897,233 | $5,888,420 | 99 | 99 | 3.05 |
| 2022 | $799,371 | $1,704,941 | $4,342,276 | 72 | 72 | 2.13 |
| 2023 | $4,227,310 | $11,831,586 | $61,975,983 | 641 | 641 | 2.80 |
| 2024 | $3,621,145 | $8,646,439 | $36,873,638 | 597 | 597 | 2.39 |
Commodities insured in Wabasha County
3 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
- 1.76Low end of the filed band
- 2.90Middle of the filed band
- 4.29High end of the filed band
- 2020Worst year filed (5.18)
- 10Years filed
- $5,838,562Premium filed
- $17,379,927Indemnity paid
- $97,153,449Liability insured
- 114,817Quantity planted
- 114,372Quantity lost
- 1,279Policies
- 1,279Policies with a loss
- 2.98Loss ratio, whole span
Causes that carried the indemnity in Wabasha County
- Drought $7,498,530 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $5,367,215 indemnity · 9 years
- Decline in Price $1,439,891 indemnity · 7 years
- Wind/Excess Wind $859,932 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $633,786 indemnity · 3 years
- Cold Wet Weather $599,544 indemnity · 9 years
Apples 10 years filed
- 0.93Low end of the filed band
- 3.08Middle of the filed band
- 4.07High end of the filed band
- 2016Worst year filed (4.46)
- 10Years filed
- $4,246,833Premium filed
- $11,018,058Indemnity paid
- $12,973,697Liability insured
- 1,307Quantity planted
- 1,342Quantity lost
- 78Policies
- 78Policies with a loss
- 2.59Loss ratio, whole span
Causes that carried the indemnity in Wabasha County
- Hail $6,232,891 indemnity · 10 years
- Cold Wet Weather $1,599,384 indemnity · 3 years
- Heat $1,562,773 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $482,341 indemnity · 2 years
- Freeze $441,836 indemnity · 2 years
- Cold Winter $259,335 indemnity · 1 years
Soybeans 10 years filed
- 1.74Low end of the filed band
- 2.19Middle of the filed band
- 3.01High end of the filed band
- 2016Worst year filed (5.22)
- 10Years filed
- $2,664,770Premium filed
- $6,209,188Indemnity paid
- $39,743,526Liability insured
- 74,085Quantity planted
- 72,456Quantity lost
- 924Policies
- 922Policies with a loss
- 2.33Loss ratio, whole span
Causes that carried the indemnity in Wabasha County
- Excess Moisture/Precipitation/Rain $2,501,732 indemnity · 10 years
- Drought $2,077,252 indemnity · 8 years
- Decline in Price $681,054 indemnity · 7 years
- Hail $363,699 indemnity · 7 years
- Cold Wet Weather $337,235 indemnity · 8 years
- Heat $62,078 indemnity · 4 years
Every county-crop the agency files in Minnesota → Buy the Wabasha 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.