Crop-loss band · North Carolina
Currituck County, North Carolina — crop-loss band
- 1.29Low end of the filed band
- 2.10Middle of the filed band
- 4.62High end of the filed band
- 2016Worst year filed (4.74)
- 10Years filed
Every year the Risk Management Agency has filed for Currituck 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 1.29 at the low end to 4.62 at the high end, with 2.10 in the middle. The worst year filed is 2016, at 4.74. 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 | $29,109 | $116,511 | $357,873 | 12 | 12 | 4.00 |
| 2016 | $62,625 | $296,546 | $904,582 | 20 | 20 | 4.74 |
| 2017 | $49,495 | $126,332 | $888,240 | 18 | 18 | 2.55 |
| 2018 | $65,115 | $116,290 | $990,602 | 16 | 16 | 1.79 |
| 2019 | $56,955 | $119,452 | $769,338 | 24 | 22 | 2.10 |
| 2020 | $199,059 | $919,150 | $4,003,987 | 66 | 66 | 4.62 |
| 2021 | $135,527 | $336,553 | $1,746,169 | 20 | 20 | 2.48 |
| 2022 | $186,203 | $343,731 | $2,015,653 | 30 | 30 | 1.85 |
| 2023 | $157,181 | $203,027 | $2,569,677 | 22 | 22 | 1.29 |
| 2024 | $211,710 | $423,203 | $2,967,112 | 42 | 42 | 2.00 |
Commodities insured in Currituck 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.
Soybeans 10 years filed
- 1.27Low end of the filed band
- 1.98Middle of the filed band
- 3.94High end of the filed band
- 2016Worst year filed (3.94)
- 10Years filed
- $836,897Premium filed
- $1,907,067Indemnity paid
- $9,970,282Liability insured
- 30,797Quantity planted
- 26,896Quantity lost
- 178Policies
- 176Policies with a loss
- 2.28Loss ratio, whole span
Causes that carried the indemnity in Currituck County
- Excess Moisture/Precipitation/Rain $899,759 indemnity · 10 years
- Drought $862,717 indemnity · 9 years
- Decline in Price $66,324 indemnity · 4 years
- Hurricane/Tropical Depression $36,512 indemnity · 2 years
- All Other Causes $19,246 indemnity · 1 years
- Wildlife $13,877 indemnity · 5 years
Corn 10 years filed
- 0.62Low end of the filed band
- 2.72Middle of the filed band
- 5.80High end of the filed band
- 2020Worst year filed (6.19)
- 10Years filed
- $316,082Premium filed
- $1,093,728Indemnity paid
- $7,242,951Liability insured
- 13,583Quantity planted
- 13,332Quantity lost
- 92Policies
- 92Policies with a loss
- 3.46Loss ratio, whole span
Causes that carried the indemnity in Currituck County
- Excess Moisture/Precipitation/Rain $644,176 indemnity · 7 years
- Drought $204,279 indemnity · 6 years
- Hurricane/Tropical Depression $92,921 indemnity · 2 years
- Heat $76,053 indemnity · 4 years
- Decline in Price $43,070 indemnity · 7 years
- Wind/Excess Wind $31,556 indemnity · 1 years
Every county-crop the agency files in North Carolina → Buy the Currituck 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.