Crop-loss band · North Carolina
Guilford County, North Carolina — crop-loss band
- 1.95Low end of the filed band
- 2.58Middle of the filed band
- 3.46High end of the filed band
- 2015Worst year filed (4.58)
- 10Years filed
Every year the Risk Management Agency has filed for Guilford 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 1.95 at the low end to 3.46 at the high end, with 2.58 in the middle. The worst year filed is 2015, at 4.58. 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 | $730,800 | $3,343,542 | $5,474,998 | 239 | 239 | 4.58 |
| 2016 | $733,120 | $2,537,012 | $4,891,543 | 198 | 198 | 3.46 |
| 2017 | $688,680 | $2,225,126 | $4,370,958 | 143 | 143 | 3.23 |
| 2018 | $980,018 | $2,983,985 | $5,787,502 | 202 | 202 | 3.04 |
| 2019 | $1,205,023 | $3,001,595 | $5,487,373 | 230 | 230 | 2.49 |
| 2020 | $940,317 | $2,347,832 | $4,785,709 | 213 | 213 | 2.50 |
| 2021 | $474,169 | $1,037,444 | $3,137,773 | 112 | 112 | 2.19 |
| 2022 | $978,679 | $2,527,146 | $5,805,372 | 198 | 198 | 2.58 |
| 2023 | $770,012 | $1,503,921 | $3,227,299 | 192 | 192 | 1.95 |
| 2024 | $1,620,619 | $5,613,698 | $9,462,801 | 278 | 278 | 3.46 |
Commodities insured in Guilford 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.
Flue Cured Tobacco 10 years filed
- 2.10Low end of the filed band
- 2.72Middle of the filed band
- 5.18High end of the filed band
- 2015Worst year filed (6.68)
- 10Years filed
- $4,718,283Premium filed
- $17,385,773Indemnity paid
- $29,322,686Liability insured
- 8,615Quantity planted
- 8,635Quantity lost
- 412Policies
- 412Policies with a loss
- 3.68Loss ratio, whole span
Causes that carried the indemnity in Guilford County
- Drought $4,843,171 indemnity · 9 years
- Hurricane/Tropical Depression $3,305,577 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $3,062,443 indemnity · 9 years
- Wind/Excess Wind $1,241,570 indemnity · 7 years
- Heat $1,238,817 indemnity · 9 years
- Frost $1,041,378 indemnity · 5 years
Soybeans 10 years filed
- 1.65Low end of the filed band
- 1.78Middle of the filed band
- 2.48High end of the filed band
- 2020Worst year filed (2.87)
- 10Years filed
- $2,229,616Premium filed
- $4,356,163Indemnity paid
- $8,933,310Liability insured
- 36,083Quantity planted
- 37,288Quantity lost
- 1,064Policies
- 1,064Policies with a loss
- 1.95Loss ratio, whole span
Causes that carried the indemnity in Guilford County
- Drought $2,069,466 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $947,780 indemnity · 10 years
- Wildlife $513,830 indemnity · 10 years
- Heat $459,193 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $197,659 indemnity · 4 years
- XX $85,985 indemnity · 7 years
Corn 10 years filed
- 1.42Low end of the filed band
- 1.88Middle of the filed band
- 3.05High end of the filed band
- 2024Worst year filed (3.12)
- 10Years filed
- $1,052,774Premium filed
- $2,655,458Indemnity paid
- $5,096,634Liability insured
- 13,616Quantity planted
- 13,970Quantity lost
- 272Policies
- 272Policies with a loss
- 2.52Loss ratio, whole span
Causes that carried the indemnity in Guilford County
- Drought $1,456,437 indemnity · 10 years
- Heat $625,709 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $258,119 indemnity · 8 years
- Wind/Excess Wind $172,808 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $97,189 indemnity · 2 years
- Hurricane/Tropical Depression $22,795 indemnity · 2 years
Wheat 10 years filed
- 1.59Low end of the filed band
- 1.98Middle of the filed band
- 2.45High end of the filed band
- 2022Worst year filed (3.06)
- 10Years filed
- $689,104Premium filed
- $1,404,961Indemnity paid
- $2,692,136Liability insured
- 13,735Quantity planted
- 13,788Quantity lost
- 245Policies
- 245Policies with a loss
- 2.04Loss ratio, whole span
Causes that carried the indemnity in Guilford County
- Excess Moisture/Precipitation/Rain $1,096,143 indemnity · 10 years
- Drought $122,459 indemnity · 8 years
- Freeze $94,875 indemnity · 7 years
- Hurricane/Tropical Depression $29,473 indemnity · 1 years
- Cold Wet Weather $29,439 indemnity · 3 years
- Heat $17,954 indemnity · 3 years
All Other Crops 5 years filed
- 1.64Low end of the filed band
- 2.52Middle of the filed band
- 8.40High end of the filed band
- 2019Worst year filed (8.40)
- 5Years filed
- $431,660Premium filed
- $1,318,946Indemnity paid
- $6,386,562Liability insured
- 12Quantity planted
- 12Quantity lost
- 12Policies
- 12Policies with a loss
- 3.06Loss ratio, whole span
Causes that carried the indemnity in Guilford County
- Drought $766,062 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $189,578 indemnity · 2 years
- Hurricane/Tropical Depression $137,382 indemnity · 2 years
- Heat $108,489 indemnity · 1 years
- Plant Disease $83,138 indemnity · 1 years
- Wildlife $34,298 indemnity · 1 years
Every county-crop the agency files in North Carolina → Buy the Guilford 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.