Crop-loss band · North Carolina
Cabarrus County, North Carolina — crop-loss band
- 1.37Low end of the filed band
- 3.63Middle of the filed band
- 4.83High end of the filed band
- 2016Worst year filed (5.44)
- 10Years filed
Every year the Risk Management Agency has filed for Cabarrus 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 1.37 at the low end to 4.83 at the high end, with 3.63 in the middle. The worst year filed is 2016, at 5.44. 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 | $133,166 | $504,350 | $1,592,889 | 80 | 80 | 3.79 |
| 2016 | $30,468 | $165,828 | $319,149 | 30 | 30 | 5.44 |
| 2017 | $24,186 | $87,854 | $214,434 | 27 | 27 | 3.63 |
| 2018 | $103,888 | $501,353 | $1,407,311 | 113 | 113 | 4.83 |
| 2019 | $56,022 | $171,826 | $672,174 | 77 | 77 | 3.07 |
| 2020 | $58,723 | $215,351 | $781,172 | 75 | 75 | 3.67 |
| 2021 | $11,298 | $15,477 | $86,902 | 19 | 19 | 1.37 |
| 2022 | $137,381 | $368,882 | $1,291,489 | 61 | 61 | 2.69 |
| 2023 | $46,169 | $97,855 | $451,061 | 54 | 54 | 2.12 |
| 2024 | $164,445 | $683,448 | $1,924,981 | 122 | 122 | 4.16 |
Commodities insured in Cabarrus 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.
Corn 9 years filed
- 2.99Low end of the filed band
- 3.79Middle of the filed band
- 5.74High end of the filed band
- 2018Worst year filed (5.74)
- 9Years filed
- $350,218Premium filed
- $1,517,958Indemnity paid
- $4,577,793Liability insured
- 13,248Quantity planted
- 13,536Quantity lost
- 288Policies
- 288Policies with a loss
- 4.33Loss ratio, whole span
Causes that carried the indemnity in Cabarrus County
- Drought $1,020,004 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $133,824 indemnity · 5 years
- Decline in Price $132,903 indemnity · 8 years
- Heat $107,339 indemnity · 8 years
- Hurricane/Tropical Depression $85,039 indemnity · 2 years
- All Other Causes $30,945 indemnity · 6 years
Soybeans 10 years filed
- 1.28Low end of the filed band
- 3.05Middle of the filed band
- 4.03High end of the filed band
- 2016Worst year filed (5.92)
- 10Years filed
- $415,528Premium filed
- $1,294,266Indemnity paid
- $4,163,769Liability insured
- 18,561Quantity planted
- 16,886Quantity lost
- 370Policies
- 370Policies with a loss
- 3.11Loss ratio, whole span
Causes that carried the indemnity in Cabarrus County
- Drought $662,219 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $323,810 indemnity · 9 years
- Wildlife $93,413 indemnity · 10 years
- XX $70,559 indemnity · 7 years
- Decline in Price $54,867 indemnity · 6 years
- Hurricane/Tropical Depression $39,401 indemnity · 3 years
Every county-crop the agency files in North Carolina → Buy the Cabarrus 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.