Crop-loss band · Mississippi
Covington County, Mississippi — crop-loss band
- 0.64Low end of the filed band
- 2.44Middle of the filed band
- 3.47High end of the filed band
- 2023Worst year filed (5.71)
- 10Years filed
Every year the Risk Management Agency has filed for Covington County is in the series below, from 2019 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 0.64 at the low end to 3.47 at the high end, with 2.44 in the middle. The worst year filed is 2023, at 5.71. 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 | $61,945 | $215,252 | $606,354 | 10 | 10 | 3.47 |
| 2016 | $58,720 | $78,477 | $310,537 | 16 | 16 | 1.34 |
| 2017 | $72,683 | $180,022 | $483,710 | 18 | 18 | 2.48 |
| 2018 | $19,317 | $59,475 | $146,159 | 11 | 10 | 3.08 |
| 2019 | $44,975 | $109,930 | $330,827 | 22 | 22 | 2.44 |
| 2020 | $133,257 | $85,030 | $792,207 | 19 | 19 | 0.64 |
| 2021 | $136,824 | $304,226 | $808,182 | 16 | 16 | 2.22 |
| 2022 | $98,419 | $212,950 | $665,187 | 18 | 18 | 2.16 |
| 2023 | $230,629 | $1,317,897 | $1,796,341 | 27 | 27 | 5.71 |
| 2024 | $157,083 | $507,177 | $1,146,909 | 22 | 22 | 3.23 |
Commodities insured in Covington 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.
Soybeans 6 years filed
- 1.79Low end of the filed band
- 3.57Middle of the filed band
- 7.61High end of the filed band
- 2023Worst year filed (7.61)
- 6Years filed
- $330,679Premium filed
- $1,803,702Indemnity paid
- $2,559,527Liability insured
- 7,574Quantity planted
- 7,582Quantity lost
- 35Policies
- 35Policies with a loss
- 5.45Loss ratio, whole span
Causes that carried the indemnity in Covington County
- Drought $1,082,750 indemnity · 4 years
- Heat $478,122 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $214,518 indemnity · 4 years
- Wildlife $19,901 indemnity · 1 years
- Decline in Price $5,716 indemnity · 1 years
- Asian Soybean Rust $2,695 indemnity · 1 years
All Other Crops 9 years filed
- 1.34Low end of the filed band
- 2.44Middle of the filed band
- 3.47High end of the filed band
- 2015Worst year filed (3.47)
- 9Years filed
- $315,788Premium filed
- $761,854Indemnity paid
- $2,234,254Liability insured
- 8,626Quantity planted
- 3,609Quantity lost
- 71Policies
- 70Policies with a loss
- 2.41Loss ratio, whole span
Causes that carried the indemnity in Covington County
- ARPI/SCO/STAX/MP Crops Only $367,745 indemnity · 8 years
- Drought $224,173 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $160,698 indemnity · 4 years
- Mycotoxin $7,784 indemnity · 1 years
- Decline in Price $1,454 indemnity · 2 years
Pasture,Rangeland,Forage 6 years filed
- 0.34Low end of the filed band
- 1.21Middle of the filed band
- 2.65High end of the filed band
- 2023Worst year filed (2.65)
- 6Years filed
- $367,385Premium filed
- $504,880Indemnity paid
- $2,292,632Liability insured
- 10,494Quantity planted
- 0Quantity lost
- 73Policies
- 73Policies with a loss
- 1.37Loss ratio, whole span
Causes that carried the indemnity in Covington County
- ARPI/SCO/STAX/MP Crops Only $504,880 indemnity · 6 years
Every county-crop the agency files in Mississippi → Buy the Covington 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.