Crop-loss band · North Carolina
Chatham County, North Carolina — crop-loss band
- 2.26Low end of the filed band
- 2.75Middle of the filed band
- 3.78High end of the filed band
- 2018Worst year filed (4.38)
- 10Years filed
Every year the Risk Management Agency has filed for Chatham 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 2.26 at the low end to 3.78 at the high end, with 2.75 in the middle. The worst year filed is 2018, at 4.38. 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 | $111,979 | $252,553 | $635,191 | 27 | 27 | 2.26 |
| 2016 | $98,845 | $239,084 | $633,702 | 22 | 22 | 2.42 |
| 2017 | $101,782 | $310,102 | $513,930 | 19 | 19 | 3.05 |
| 2018 | $178,336 | $780,483 | $1,068,533 | 36 | 36 | 4.38 |
| 2019 | $130,905 | $360,497 | $697,199 | 28 | 28 | 2.75 |
| 2020 | $205,825 | $542,508 | $1,197,942 | 41 | 41 | 2.64 |
| 2021 | $174,320 | $404,344 | $996,035 | 13 | 13 | 2.32 |
| 2022 | $210,890 | $722,866 | $1,167,729 | 53 | 53 | 3.43 |
| 2023 | $343,248 | $1,109,776 | $1,710,042 | 48 | 48 | 3.23 |
| 2024 | $361,859 | $1,369,594 | $2,309,754 | 76 | 76 | 3.78 |
Commodities insured in Chatham 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.
Flue Cured Tobacco 9 years filed
- 1.94Low end of the filed band
- 3.51Middle of the filed band
- 6.19High end of the filed band
- 2018Worst year filed (6.19)
- 9Years filed
- $800,703Premium filed
- $2,728,168Indemnity paid
- $4,678,671Liability insured
- 1,546Quantity planted
- 1,546Quantity lost
- 42Policies
- 42Policies with a loss
- 3.41Loss ratio, whole span
Causes that carried the indemnity in Chatham County
- Excess Moisture/Precipitation/Rain $739,509 indemnity · 5 years
- Drought $639,361 indemnity · 4 years
- Plant Disease $345,541 indemnity · 3 years
- All Other Causes $262,074 indemnity · 2 years
- Heat $235,502 indemnity · 4 years
- Hurricane/Tropical Depression $234,947 indemnity · 3 years
Corn 10 years filed
- 1.73Low end of the filed band
- 3.16Middle of the filed band
- 4.78High end of the filed band
- 2021Worst year filed (6.34)
- 10Years filed
- $508,520Premium filed
- $1,840,805Indemnity paid
- $3,400,457Liability insured
- 8,606Quantity planted
- 8,706Quantity lost
- 142Policies
- 142Policies with a loss
- 3.62Loss ratio, whole span
Causes that carried the indemnity in Chatham County
- Drought $861,888 indemnity · 10 years
- Heat $430,166 indemnity · 5 years
- Hurricane/Tropical Depression $247,396 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $147,802 indemnity · 6 years
- Tropical Storm $107,072 indemnity · 1 years
- Decline in Price $25,410 indemnity · 4 years
Soybeans 10 years filed
- 0.81Low end of the filed band
- 2.23Middle of the filed band
- 2.95High end of the filed band
- 2022Worst year filed (3.38)
- 10Years filed
- $608,766Premium filed
- $1,522,834Indemnity paid
- $2,850,929Liability insured
- 10,460Quantity planted
- 9,928Quantity lost
- 179Policies
- 179Policies with a loss
- 2.50Loss ratio, whole span
Causes that carried the indemnity in Chatham County
- Drought $867,493 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $222,505 indemnity · 6 years
- Heat $141,502 indemnity · 6 years
- Wildlife $106,521 indemnity · 9 years
- Hurricane/Tropical Depression $89,902 indemnity · 5 years
- All Other Causes $55,557 indemnity · 4 years
Every county-crop the agency files in North Carolina → Buy the Chatham 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.