Crop-loss band · North Carolina
Chowan County, North Carolina — crop-loss band
- 1.23Low end of the filed band
- 3.14Middle of the filed band
- 4.09High end of the filed band
- 2016Worst year filed (5.14)
- 10Years filed
Every year the Risk Management Agency has filed for Chowan 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 1.23 at the low end to 4.09 at the high end, with 3.14 in the middle. The worst year filed is 2016, at 5.14. 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 | $381,332 | $1,331,018 | $2,889,219 | 108 | 108 | 3.49 |
| 2016 | $399,102 | $2,052,639 | $3,547,932 | 162 | 162 | 5.14 |
| 2017 | $65,471 | $189,607 | $636,117 | 44 | 44 | 2.90 |
| 2018 | $124,497 | $424,934 | $1,370,973 | 59 | 59 | 3.41 |
| 2019 | $83,858 | $330,115 | $862,925 | 49 | 49 | 3.94 |
| 2020 | $158,482 | $648,571 | $1,643,644 | 83 | 83 | 4.09 |
| 2021 | $145,586 | $457,181 | $1,237,344 | 57 | 57 | 3.14 |
| 2022 | $308,776 | $736,962 | $3,093,799 | 90 | 90 | 2.39 |
| 2023 | $736,511 | $908,754 | $3,184,753 | 104 | 104 | 1.23 |
| 2024 | $270,876 | $596,240 | $2,304,749 | 99 | 99 | 2.20 |
Commodities insured in Chowan 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.
Cotton 10 years filed
- 0.93Low end of the filed band
- 4.29Middle of the filed band
- 7.15High end of the filed band
- 2019Worst year filed (8.41)
- 10Years filed
- $1,579,302Premium filed
- $4,539,622Indemnity paid
- $10,229,931Liability insured
- 17,219Quantity planted
- 33,336Quantity lost
- 359Policies
- 359Policies with a loss
- 2.87Loss ratio, whole span
Causes that carried the indemnity in Chowan County
- Excess Moisture/Precipitation/Rain $1,694,453 indemnity · 8 years
- ARPI/SCO/STAX Crops Only $1,332,885 indemnity · 3 years
- Drought $1,133,368 indemnity · 8 years
- Hurricane/Tropical Depression $113,298 indemnity · 4 years
- Decline in Price $91,545 indemnity · 6 years
- Cold Wet Weather $68,426 indemnity · 2 years
Soybeans 10 years filed
- 1.30Low end of the filed band
- 2.49Middle of the filed band
- 3.49High end of the filed band
- 2023Worst year filed (4.04)
- 10Years filed
- $777,650Premium filed
- $2,146,959Indemnity paid
- $8,447,184Liability insured
- 25,792Quantity planted
- 22,123Quantity lost
- 324Policies
- 324Policies with a loss
- 2.76Loss ratio, whole span
Causes that carried the indemnity in Chowan County
- Excess Moisture/Precipitation/Rain $1,058,394 indemnity · 10 years
- Drought $850,827 indemnity · 9 years
- Hurricane/Tropical Depression $140,736 indemnity · 4 years
- All Other Causes $31,501 indemnity · 3 years
- Heat $30,417 indemnity · 3 years
- Decline in Price $26,657 indemnity · 6 years
Wheat 10 years filed
- 1.25Low end of the filed band
- 2.66Middle of the filed band
- 3.92High end of the filed band
- 2016Worst year filed (4.26)
- 10Years filed
- $317,539Premium filed
- $989,440Indemnity paid
- $2,094,340Liability insured
- 9,363Quantity planted
- 9,363Quantity lost
- 172Policies
- 172Policies with a loss
- 3.12Loss ratio, whole span
Causes that carried the indemnity in Chowan County
- Excess Moisture/Precipitation/Rain $672,867 indemnity · 10 years
- Drought $121,846 indemnity · 3 years
- Cold Wet Weather $103,085 indemnity · 6 years
- Frost $38,143 indemnity · 3 years
- Decline in Price $20,486 indemnity · 5 years
- All Other Causes $13,408 indemnity · 5 years
Every county-crop the agency files in North Carolina → Buy the Chowan 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.