Crop-loss band · Montana
Madison County, Montana — crop-loss band
- 1.40Low end of the filed band
- 2.98Middle of the filed band
- 4.51High end of the filed band
- 2019Worst year filed (4.51)
- 7Years filed
Every year the Risk Management Agency has filed for Madison County is in the series below, from 2020 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.40 at the low end to 4.51 at the high end, with 2.98 in the middle. The worst year filed is 2019, at 4.51. 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 | $13,468 | $44,386 | $150,737 | 8 | 8 | 3.30 |
| 2019 | $8,198 | $36,939 | $78,592 | 3 | 3 | 4.51 |
| 2020 | $162,272 | $286,529 | $1,200,428 | 14 | 14 | 1.77 |
| 2021 | $284,308 | $1,137,564 | $2,580,864 | 36 | 36 | 4.00 |
| 2022 | $782,356 | $2,328,977 | $4,996,245 | 73 | 73 | 2.98 |
| 2023 | $216,813 | $303,833 | $1,405,188 | 34 | 34 | 1.40 |
| 2024 | $1,215,884 | $1,710,401 | $7,715,414 | 123 | 123 | 1.41 |
Commodities insured in Madison 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.
Pasture,Rangeland,Forage 5 years filed
- 1.31Low end of the filed band
- 1.75Middle of the filed band
- 3.70High end of the filed band
- 2021Worst year filed (3.70)
- 5Years filed
- $2,320,932Premium filed
- $4,746,063Indemnity paid
- $15,841,732Liability insured
- 1,000,612Quantity planted
- 0Quantity lost
- 245Policies
- 245Policies with a loss
- 2.04Loss ratio, whole span
Causes that carried the indemnity in Madison County
- ARPI/SCO/STAX/MP/HIP WI Crops Only $4,746,063 indemnity · 5 years
Wheat 7 years filed
- 2.03Low end of the filed band
- 3.30Middle of the filed band
- 4.64High end of the filed band
- 2023Worst year filed (4.64)
- 7Years filed
- $362,367Premium filed
- $1,102,566Indemnity paid
- $2,285,736Liability insured
- 7,922Quantity planted
- 8,233Quantity lost
- 46Policies
- 46Policies with a loss
- 3.04Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Heat $776,330 indemnity · 5 years
- Failure of Irrigation Supply $169,180 indemnity · 1 years
- Hail $64,216 indemnity · 5 years
- Drought $51,721 indemnity · 3 years
- Freeze $23,710 indemnity · 1 years
- Wind/Excess Wind $8,353 indemnity · 2 years
Every county-crop the agency files in Montana → Buy the Madison 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.