Crop-loss band · Montana
Petroleum County, Montana — crop-loss band
- 0.88Low end of the filed band
- 1.55Middle of the filed band
- 2.30High end of the filed band
- 2021Worst year filed (3.75)
- 10Years filed
Every year the Risk Management Agency has filed for Petroleum County is in the series below, from 2016 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 0.88 at the low end to 2.30 at the high end, with 1.55 in the middle. The worst year filed is 2021, at 3.75. 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 | $40,003 | $35,387 | $155,979 | 8 | 8 | 0.88 |
| 2016 | $180,805 | $416,704 | $769,758 | 22 | 22 | 2.30 |
| 2017 | $195,992 | $356,016 | $653,259 | 13 | 13 | 1.82 |
| 2018 | $34,617 | $42,461 | $144,778 | 7 | 7 | 1.23 |
| 2019 | $137,963 | $263,372 | $525,197 | 14 | 14 | 1.91 |
| 2020 | $138,754 | $215,333 | $582,234 | 37 | 37 | 1.55 |
| 2021 | $216,364 | $810,615 | $1,112,296 | 38 | 38 | 3.75 |
| 2022 | $445,075 | $933,969 | $1,891,755 | 61 | 61 | 2.10 |
| 2023 | $211,456 | $201,792 | $736,107 | 13 | 13 | 0.95 |
| 2024 | $362,267 | $382,382 | $1,407,548 | 19 | 19 | 1.06 |
Commodities insured in Petroleum 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.
All Other Crops 8 years filed
- 1.00Low end of the filed band
- 1.85Middle of the filed band
- 3.75High end of the filed band
- 2021Worst year filed (3.75)
- 8Years filed
- $1,015,002Premium filed
- $2,348,321Indemnity paid
- $4,517,165Liability insured
- 86,259Quantity planted
- 29,952Quantity lost
- 165Policies
- 165Policies with a loss
- 2.31Loss ratio, whole span
Causes that carried the indemnity in Petroleum County
- Drought $867,142 indemnity · 4 years
- ARPI/SCO/STAX/MP Crops Only $465,286 indemnity · 8 years
- Hail $293,939 indemnity · 3 years
- Insects $227,347 indemnity · 2 years
- Cold Winter $175,047 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $138,234 indemnity · 1 years
Wheat 6 years filed
- 0.88Low end of the filed band
- 1.02Middle of the filed band
- 2.36High end of the filed band
- 2016Worst year filed (2.36)
- 6Years filed
- $948,294Premium filed
- $1,309,710Indemnity paid
- $3,461,746Liability insured
- 27,571Quantity planted
- 27,324Quantity lost
- 67Policies
- 67Policies with a loss
- 1.38Loss ratio, whole span
Causes that carried the indemnity in Petroleum County
- Hail $863,236 indemnity · 5 years
- Drought $289,075 indemnity · 5 years
- Decline in Price $52,764 indemnity · 1 years
- Cold Winter $28,273 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $20,739 indemnity · 1 years
- Heat $15,410 indemnity · 2 years
Every county-crop the agency files in Montana → Buy the Petroleum 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.