Crop-loss band · Montana
Valley County, Montana — crop-loss band
- 1.78Low end of the filed band
- 2.23Middle of the filed band
- 3.54High end of the filed band
- 2021Worst year filed (4.90)
- 10Years filed
Every year the Risk Management Agency has filed for Valley 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 1.78 at the low end to 3.54 at the high end, with 2.23 in the middle. The worst year filed is 2021, at 4.90. 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 | $2,015,100 | $6,258,139 | $12,694,355 | 431 | 431 | 3.11 |
| 2016 | $1,203,654 | $3,295,680 | $5,703,020 | 206 | 205 | 2.74 |
| 2017 | $9,516,990 | $33,662,959 | $55,323,877 | 984 | 980 | 3.54 |
| 2018 | $3,989,796 | $8,907,404 | $19,637,551 | 445 | 445 | 2.23 |
| 2019 | $3,223,658 | $9,234,889 | $17,203,703 | 421 | 418 | 2.86 |
| 2020 | $1,197,261 | $2,463,429 | $5,477,144 | 154 | 153 | 2.06 |
| 2021 | $15,749,976 | $77,121,152 | $77,046,186 | 1,208 | 1,205 | 4.90 |
| 2022 | $18,654,490 | $35,057,749 | $75,096,921 | 714 | 714 | 1.88 |
| 2023 | $13,346,691 | $26,740,741 | $54,474,977 | 611 | 611 | 2.00 |
| 2024 | $14,277,149 | $25,385,004 | $63,061,759 | 662 | 662 | 1.78 |
Commodities insured in Valley County
8 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.
Wheat 10 years filed
- 1.73Low end of the filed band
- 2.51Middle of the filed band
- 3.87High end of the filed band
- 2021Worst year filed (5.35)
- 10Years filed
- $46,834,498Premium filed
- $131,736,087Indemnity paid
- $226,513,643Liability insured
- 1,482,352Quantity planted
- 1,485,707Quantity lost
- 2,862Policies
- 2,856Policies with a loss
- 2.81Loss ratio, whole span
Causes that carried the indemnity in Valley County
- Drought $89,501,123 indemnity · 10 years
- Heat $18,151,281 indemnity · 10 years
- Hail $10,581,639 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $5,141,430 indemnity · 8 years
- Other (Snow, Lightning, Etc.) $2,998,067 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $1,663,679 indemnity · 4 years
Dry Peas 10 years filed
- 1.70Low end of the filed band
- 2.38Middle of the filed band
- 3.71High end of the filed band
- 2021Worst year filed (4.68)
- 10Years filed
- $23,478,707Premium filed
- $65,892,477Indemnity paid
- $97,247,376Liability insured
- 515,742Quantity planted
- 515,749Quantity lost
- 1,441Policies
- 1,439Policies with a loss
- 2.81Loss ratio, whole span
Causes that carried the indemnity in Valley County
- Drought $44,027,952 indemnity · 9 years
- Heat $8,784,432 indemnity · 9 years
- Hail $7,308,715 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $1,732,230 indemnity · 8 years
- Insects $1,310,566 indemnity · 7 years
- Decline in Price $1,220,515 indemnity · 6 years
Pasture,Rangeland,Forage 10 years filed
- 0.84Low end of the filed band
- 1.67Middle of the filed band
- 2.51High end of the filed band
- 2017Worst year filed (3.92)
- 10Years filed
- $4,917,467Premium filed
- $9,612,387Indemnity paid
- $27,686,744Liability insured
- 2,616,715Quantity planted
- 0Quantity lost
- 699Policies
- 699Policies with a loss
- 1.95Loss ratio, whole span
Causes that carried the indemnity in Valley County
- ARPI/SCO/STAX Crops Only $9,612,387 indemnity · 10 years
Canola 10 years filed
- 0.49Low end of the filed band
- 2.23Middle of the filed band
- 3.59High end of the filed band
- 2021Worst year filed (4.26)
- 10Years filed
- $2,982,226Premium filed
- $8,870,536Indemnity paid
- $15,944,991Liability insured
- 88,262Quantity planted
- 88,240Quantity lost
- 260Policies
- 260Policies with a loss
- 2.97Loss ratio, whole span
Causes that carried the indemnity in Valley County
- Drought $6,078,404 indemnity · 7 years
- Hail $1,238,634 indemnity · 7 years
- Heat $1,057,740 indemnity · 5 years
- Wildlife $126,483 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $120,547 indemnity · 2 years
- Insects $73,363 indemnity · 4 years
Flax 9 years filed
- 1.04Low end of the filed band
- 2.31Middle of the filed band
- 3.28High end of the filed band
- 2021Worst year filed (3.28)
- 9Years filed
- $1,963,213Premium filed
- $4,672,668Indemnity paid
- $7,073,135Liability insured
- 60,047Quantity planted
- 62,246Quantity lost
- 162Policies
- 162Policies with a loss
- 2.38Loss ratio, whole span
Causes that carried the indemnity in Valley County
- Drought $3,081,828 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $565,759 indemnity · 3 years
- Heat $429,666 indemnity · 7 years
- Other (Snow, Lightning, Etc.) $266,476 indemnity · 1 years
- Hail $212,733 indemnity · 7 years
- Insects $99,518 indemnity · 4 years
Forage Production 10 years filed
- 0.82Low end of the filed band
- 2.32Middle of the filed band
- 3.77High end of the filed band
- 2021Worst year filed (4.42)
- 10Years filed
- $1,338,595Premium filed
- $3,437,596Indemnity paid
- $6,153,411Liability insured
- 69,214Quantity planted
- 69,149Quantity lost
- 227Policies
- 223Policies with a loss
- 2.57Loss ratio, whole span
Causes that carried the indemnity in Valley County
- Drought $2,362,538 indemnity · 9 years
- Heat $516,965 indemnity · 8 years
- Cold Winter $258,980 indemnity · 3 years
- Freeze $136,808 indemnity · 4 years
- Cold Wet Weather $68,242 indemnity · 1 years
- Flood $24,372 indemnity · 1 years
Mustard 5 years filed
- 1.46Low end of the filed band
- 2.42Middle of the filed band
- 5.23High end of the filed band
- 2021Worst year filed (5.23)
- 5Years filed
- $1,307,171Premium filed
- $2,874,648Indemnity paid
- $3,782,951Liability insured
- 17,358Quantity planted
- 17,358Quantity lost
- 35Policies
- 35Policies with a loss
- 2.20Loss ratio, whole span
Causes that carried the indemnity in Valley County
- Drought $2,071,390 indemnity · 5 years
- Insects $329,154 indemnity · 1 years
- Hail $238,052 indemnity · 2 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $185,696 indemnity · 2 years
- Heat $50,356 indemnity · 1 years
Barley 10 years filed
- 0.93Low end of the filed band
- 2.63Middle of the filed band
- 3.11High end of the filed band
- 2021Worst year filed (4.00)
- 10Years filed
- $352,887Premium filed
- $1,030,747Indemnity paid
- $1,317,241Liability insured
- 16,429Quantity planted
- 16,472Quantity lost
- 150Policies
- 150Policies with a loss
- 2.92Loss ratio, whole span
Causes that carried the indemnity in Valley County
- Drought $630,690 indemnity · 8 years
- Heat $148,916 indemnity · 8 years
- Hail $98,205 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $98,099 indemnity · 5 years
- Insects $28,817 indemnity · 4 years
- Flood $10,186 indemnity · 2 years
Every county-crop the agency files in Montana → Buy the Valley 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.