Crop-loss band · North Carolina
Carteret County, North Carolina — crop-loss band
- 0.33Low end of the filed band
- 1.49Middle of the filed band
- 2.35High end of the filed band
- 2018Worst year filed (5.36)
- 10Years filed
Every year the Risk Management Agency has filed for Carteret County is in the series below, from 2018 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 0.33 at the low end to 2.35 at the high end, with 1.49 in the middle. The worst year filed is 2018, at 5.36. 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 | $688,866 | $1,332,766 | $6,028,592 | 24 | 24 | 1.93 |
| 2016 | $1,296,305 | $1,803,189 | $11,824,505 | 15 | 15 | 1.39 |
| 2017 | $56,851 | $125,189 | $192,686 | 6 | 6 | 2.20 |
| 2018 | $1,415,790 | $7,581,972 | $12,441,344 | 56 | 56 | 5.36 |
| 2019 | $772,905 | $800,972 | $6,191,207 | 32 | 32 | 1.04 |
| 2020 | $1,079,687 | $2,085,315 | $8,855,200 | 37 | 37 | 1.93 |
| 2021 | $1,239,555 | $403,864 | $7,399,742 | 19 | 19 | 0.33 |
| 2022 | $171,332 | $403,380 | $1,001,078 | 23 | 23 | 2.35 |
| 2023 | $3,141,805 | $4,680,306 | $13,846,318 | 53 | 53 | 1.49 |
| 2024 | $1,715,026 | $2,359,433 | $5,099,189 | 65 | 65 | 1.38 |
Commodities insured in Carteret 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.
All Other Crops 7 years filed
- 0.33Low end of the filed band
- 1.57Middle of the filed band
- 5.36High end of the filed band
- 2018Worst year filed (5.36)
- 7Years filed
- $4,681,612Premium filed
- $11,278,483Indemnity paid
- $35,910,430Liability insured
- 116,509Quantity planted
- 69,585Quantity lost
- 170Policies
- 170Policies with a loss
- 2.41Loss ratio, whole span
Causes that carried the indemnity in Carteret County
- Excess Moisture/Precipitation/Rain $6,083,636 indemnity · 4 years
- Hurricane/Tropical Depression $1,586,737 indemnity · 4 years
- Drought $1,485,675 indemnity · 4 years
- All Other Causes $1,121,226 indemnity · 2 years
- Flood $542,407 indemnity · 1 years
- Heat $363,166 indemnity · 3 years
Soybeans 5 years filed
- 0.26Low end of the filed band
- 1.51Middle of the filed band
- 2.56High end of the filed band
- 2017Worst year filed (2.56)
- 5Years filed
- $4,611,026Premium filed
- $6,306,514Indemnity paid
- $25,952,359Liability insured
- 70,920Quantity planted
- 55,435Quantity lost
- 97Policies
- 97Policies with a loss
- 1.37Loss ratio, whole span
Causes that carried the indemnity in Carteret County
- Tropical Storm $2,189,886 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $2,039,035 indemnity · 5 years
- Drought $775,958 indemnity · 3 years
- Hurricane/Tropical Depression $671,176 indemnity · 3 years
- All Other Causes $610,086 indemnity · 2 years
- Decline in Price $20,372 indemnity · 2 years
Corn 5 years filed
- 1.41Low end of the filed band
- 1.61Middle of the filed band
- 2.59High end of the filed band
- 2016Worst year filed (2.59)
- 5Years filed
- $2,285,484Premium filed
- $3,991,389Indemnity paid
- $11,017,072Liability insured
- 18,364Quantity planted
- 18,364Quantity lost
- 63Policies
- 63Policies with a loss
- 1.75Loss ratio, whole span
Causes that carried the indemnity in Carteret County
- Tropical Storm $1,932,511 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $1,657,502 indemnity · 3 years
- Drought $312,248 indemnity · 3 years
- Hurricane/Tropical Depression $70,637 indemnity · 2 years
- Flood $10,338 indemnity · 1 years
- Decline in Price $3,709 indemnity · 1 years
Every county-crop the agency files in North Carolina → Buy the Carteret 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.