Crop-loss band · North Carolina
Craven County, North Carolina — crop-loss band
- 1.87Low end of the filed band
- 2.64Middle of the filed band
- 3.34High end of the filed band
- 2019Worst year filed (3.46)
- 10Years filed
Every year the Risk Management Agency has filed for Craven 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 1.87 at the low end to 3.34 at the high end, with 2.64 in the middle. The worst year filed is 2019, at 3.46. 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 | $935,026 | $2,420,924 | $5,986,946 | 189 | 189 | 2.59 |
| 2016 | $797,602 | $2,641,668 | $4,675,562 | 132 | 132 | 3.31 |
| 2017 | $710,301 | $1,417,137 | $4,886,569 | 101 | 101 | 2.00 |
| 2018 | $1,654,015 | $5,162,173 | $10,740,987 | 257 | 257 | 3.12 |
| 2019 | $1,182,406 | $4,091,568 | $8,175,510 | 208 | 205 | 3.46 |
| 2020 | $1,837,269 | $6,129,021 | $11,657,835 | 242 | 242 | 3.34 |
| 2021 | $776,769 | $1,697,308 | $3,991,543 | 122 | 122 | 2.19 |
| 2022 | $1,570,997 | $4,145,069 | $9,212,828 | 143 | 143 | 2.64 |
| 2023 | $3,555,572 | $6,665,252 | $15,031,014 | 338 | 338 | 1.87 |
| 2024 | $4,492,201 | $12,509,095 | $21,723,247 | 471 | 471 | 2.78 |
Commodities insured in Craven County
5 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 10 years filed
- 0.93Low end of the filed band
- 2.63Middle of the filed band
- 3.69High end of the filed band
- 2019Worst year filed (3.70)
- 10Years filed
- $5,273,256Premium filed
- $15,724,172Indemnity paid
- $31,895,660Liability insured
- 69,550Quantity planted
- 68,568Quantity lost
- 801Policies
- 801Policies with a loss
- 2.98Loss ratio, whole span
Causes that carried the indemnity in Craven County
- Drought $7,843,360 indemnity · 10 years
- Hurricane/Tropical Depression $3,043,629 indemnity · 7 years
- Tropical Storm $1,895,354 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $1,652,681 indemnity · 10 years
- Heat $823,992 indemnity · 9 years
- Decline in Price $300,207 indemnity · 8 years
Flue Cured Tobacco 10 years filed
- 2.96Low end of the filed band
- 3.74Middle of the filed band
- 5.16High end of the filed band
- 2020Worst year filed (6.10)
- 10Years filed
- $3,878,142Premium filed
- $14,760,188Indemnity paid
- $24,669,006Liability insured
- 7,885Quantity planted
- 7,899Quantity lost
- 177Policies
- 177Policies with a loss
- 3.81Loss ratio, whole span
Causes that carried the indemnity in Craven County
- Hurricane/Tropical Depression $4,316,373 indemnity · 7 years
- Drought $3,454,147 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $3,429,509 indemnity · 7 years
- Plant Disease $1,217,028 indemnity · 5 years
- Tropical Storm $1,206,597 indemnity · 2 years
- ARPI/SCO/STAX/MP Crops Only $470,472 indemnity · 4 years
Soybeans 10 years filed
- 1.34Low end of the filed band
- 1.62Middle of the filed band
- 2.77High end of the filed band
- 2018Worst year filed (2.82)
- 10Years filed
- $5,735,191Premium filed
- $10,663,962Indemnity paid
- $26,671,344Liability insured
- 85,393Quantity planted
- 79,193Quantity lost
- 893Policies
- 890Policies with a loss
- 1.86Loss ratio, whole span
Causes that carried the indemnity in Craven County
- Hurricane/Tropical Depression $3,159,277 indemnity · 7 years
- Drought $2,729,410 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $2,600,378 indemnity · 10 years
- Tropical Storm $1,523,629 indemnity · 2 years
- Wildlife $444,467 indemnity · 10 years
- Heat $64,684 indemnity · 5 years
Cotton 10 years filed
- 0.54Low end of the filed band
- 1.99Middle of the filed band
- 3.68High end of the filed band
- 2021Worst year filed (4.46)
- 10Years filed
- $2,159,204Premium filed
- $4,253,076Indemnity paid
- $10,339,024Liability insured
- 15,747Quantity planted
- 22,200Quantity lost
- 160Policies
- 160Policies with a loss
- 1.97Loss ratio, whole span
Causes that carried the indemnity in Craven County
- Excess Moisture/Precipitation/Rain $931,181 indemnity · 7 years
- Drought $828,470 indemnity · 6 years
- ARPI/SCO/STAX Crops Only $708,281 indemnity · 5 years
- Tropical Storm $707,298 indemnity · 2 years
- Hurricane/Tropical Depression $697,800 indemnity · 7 years
- Hurricane $153,904 indemnity · 1 years
Wheat 10 years filed
- 1.55Low end of the filed band
- 2.99Middle of the filed band
- 3.68High end of the filed band
- 2021Worst year filed (3.79)
- 10Years filed
- $466,365Premium filed
- $1,477,817Indemnity paid
- $2,507,006Liability insured
- 15,801Quantity planted
- 15,835Quantity lost
- 172Policies
- 172Policies with a loss
- 3.17Loss ratio, whole span
Causes that carried the indemnity in Craven County
- Excess Moisture/Precipitation/Rain $1,143,918 indemnity · 10 years
- Frost $170,589 indemnity · 6 years
- Drought $72,946 indemnity · 4 years
- Cold Wet Weather $39,481 indemnity · 4 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $13,089 indemnity · 2 years
- Decline in Price $13,079 indemnity · 2 years
Every county-crop the agency files in North Carolina → Buy the Craven 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.