Crop-loss band · North Carolina
Gates County, North Carolina — crop-loss band
- 2.15Low end of the filed band
- 3.00Middle of the filed band
- 4.14High end of the filed band
- 2020Worst year filed (4.34)
- 10Years filed
Every year the Risk Management Agency has filed for Gates 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 2.15 at the low end to 4.14 at the high end, with 3.00 in the middle. The worst year filed is 2020, at 4.34. 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 | $635,768 | $1,405,217 | $4,381,771 | 119 | 119 | 2.21 |
| 2016 | $470,574 | $1,949,037 | $2,902,653 | 134 | 134 | 4.14 |
| 2017 | $451,090 | $1,354,790 | $3,993,395 | 107 | 107 | 3.00 |
| 2018 | $106,207 | $392,427 | $1,608,797 | 69 | 69 | 3.69 |
| 2019 | $143,570 | $513,667 | $1,191,019 | 72 | 72 | 3.58 |
| 2020 | $447,706 | $1,944,259 | $4,144,544 | 146 | 144 | 4.34 |
| 2021 | $176,127 | $427,229 | $2,113,823 | 89 | 89 | 2.43 |
| 2022 | $304,985 | $846,569 | $3,791,831 | 128 | 128 | 2.78 |
| 2023 | $250,690 | $537,769 | $2,457,623 | 81 | 81 | 2.15 |
| 2024 | $218,392 | $717,884 | $2,275,240 | 128 | 128 | 3.29 |
Commodities insured in Gates County
4 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
- 1.23Low end of the filed band
- 3.42Middle of the filed band
- 4.48High end of the filed band
- 2018Worst year filed (5.88)
- 10Years filed
- $1,689,613Premium filed
- $5,482,633Indemnity paid
- $11,780,613Liability insured
- 21,460Quantity planted
- 39,233Quantity lost
- 337Policies
- 335Policies with a loss
- 3.24Loss ratio, whole span
Causes that carried the indemnity in Gates County
- Excess Moisture/Precipitation/Rain $2,405,656 indemnity · 8 years
- ARPI/SCO/STAX Crops Only $2,164,992 indemnity · 4 years
- Drought $576,388 indemnity · 8 years
- Hail $79,281 indemnity · 3 years
- Hurricane/Tropical Depression $76,031 indemnity · 4 years
- Cold Wet Weather $57,481 indemnity · 3 years
Soybeans 10 years filed
- 0.77Low end of the filed band
- 2.55Middle of the filed band
- 3.40High end of the filed band
- 2020Worst year filed (4.48)
- 10Years filed
- $701,432Premium filed
- $1,697,628Indemnity paid
- $11,205,390Liability insured
- 33,079Quantity planted
- 25,649Quantity lost
- 415Policies
- 415Policies with a loss
- 2.42Loss ratio, whole span
Causes that carried the indemnity in Gates County
- Excess Moisture/Precipitation/Rain $883,402 indemnity · 10 years
- Drought $628,450 indemnity · 8 years
- Heat $61,258 indemnity · 4 years
- Decline in Price $37,227 indemnity · 7 years
- Wildlife $25,367 indemnity · 5 years
- XX $23,175 indemnity · 6 years
Wheat 10 years filed
- 2.08Low end of the filed band
- 3.06Middle of the filed band
- 4.01High end of the filed band
- 2020Worst year filed (4.27)
- 10Years filed
- $437,800Premium filed
- $1,502,503Indemnity paid
- $2,412,584Liability insured
- 12,835Quantity planted
- 12,911Quantity lost
- 152Policies
- 152Policies with a loss
- 3.43Loss ratio, whole span
Causes that carried the indemnity in Gates County
- Excess Moisture/Precipitation/Rain $1,082,151 indemnity · 9 years
- Cold Wet Weather $357,889 indemnity · 8 years
- Drought $19,402 indemnity · 5 years
- Cold Winter $11,810 indemnity · 1 years
- Freeze $9,704 indemnity · 2 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $9,167 indemnity · 2 years
Corn 10 years filed
- 1.96Low end of the filed band
- 3.52Middle of the filed band
- 4.56High end of the filed band
- 2018Worst year filed (4.77)
- 10Years filed
- $376,264Premium filed
- $1,406,084Indemnity paid
- $3,462,109Liability insured
- 7,795Quantity planted
- 8,013Quantity lost
- 169Policies
- 169Policies with a loss
- 3.74Loss ratio, whole span
Causes that carried the indemnity in Gates County
- Drought $985,535 indemnity · 6 years
- Hurricane/Tropical Depression $126,967 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $115,746 indemnity · 9 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $72,968 indemnity · 3 years
- Heat $54,338 indemnity · 4 years
- Decline in Price $25,645 indemnity · 9 years
Every county-crop the agency files in North Carolina → Buy the Gates 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.