Crop-loss band · North Carolina
Halifax County, North Carolina — crop-loss band
- 2.02Low end of the filed band
- 2.59Middle of the filed band
- 4.24High end of the filed band
- 2016Worst year filed (4.52)
- 10Years filed
Every year the Risk Management Agency has filed for Halifax 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 2.02 at the low end to 4.24 at the high end, with 2.59 in the middle. The worst year filed is 2016, at 4.52. 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 | $2,292,222 | $5,575,131 | $15,540,530 | 271 | 271 | 2.43 |
| 2016 | $2,456,821 | $11,106,004 | $24,961,387 | 238 | 238 | 4.52 |
| 2017 | $419,875 | $1,235,159 | $3,962,221 | 100 | 99 | 2.94 |
| 2018 | $1,455,754 | $6,169,763 | $16,789,243 | 283 | 278 | 4.24 |
| 2019 | $561,790 | $1,387,570 | $5,191,151 | 150 | 150 | 2.47 |
| 2020 | $1,862,603 | $5,426,905 | $17,091,576 | 290 | 290 | 2.91 |
| 2021 | $703,862 | $1,820,495 | $6,384,991 | 87 | 87 | 2.59 |
| 2022 | $873,358 | $2,705,897 | $7,046,270 | 110 | 110 | 3.10 |
| 2023 | $1,072,905 | $2,169,481 | $8,338,802 | 159 | 159 | 2.02 |
| 2024 | $4,008,110 | $9,096,936 | $29,013,526 | 456 | 456 | 2.27 |
Commodities insured in Halifax 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.
Cotton 10 years filed
- 1.56Low end of the filed band
- 2.34Middle of the filed band
- 4.43High end of the filed band
- 2018Worst year filed (4.53)
- 10Years filed
- $9,119,065Premium filed
- $24,804,131Indemnity paid
- $74,263,751Liability insured
- 117,102Quantity planted
- 215,813Quantity lost
- 734Policies
- 734Policies with a loss
- 2.72Loss ratio, whole span
Causes that carried the indemnity in Halifax County
- ARPI/SCO/STAX Crops Only $8,316,266 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $7,682,717 indemnity · 9 years
- Drought $4,642,902 indemnity · 9 years
- Hurricane/Tropical Depression $2,843,628 indemnity · 7 years
- Cold Wet Weather $404,123 indemnity · 4 years
- XX $311,143 indemnity · 5 years
Flue Cured Tobacco 10 years filed
- 3.06Low end of the filed band
- 4.58Middle of the filed band
- 6.56High end of the filed band
- 2015Worst year filed (6.88)
- 10Years filed
- $2,445,328Premium filed
- $12,322,880Indemnity paid
- $30,168,980Liability insured
- 8,974Quantity planted
- 8,977Quantity lost
- 218Policies
- 218Policies with a loss
- 5.04Loss ratio, whole span
Causes that carried the indemnity in Halifax County
- Excess Moisture/Precipitation/Rain $4,725,993 indemnity · 8 years
- Drought $3,797,877 indemnity · 10 years
- Hurricane/Tropical Depression $1,277,939 indemnity · 7 years
- Heat $943,391 indemnity · 5 years
- Plant Disease $388,162 indemnity · 5 years
- Wind/Excess Wind $383,251 indemnity · 5 years
Soybeans 10 years filed
- 1.34Low end of the filed band
- 1.73Middle of the filed band
- 2.63High end of the filed band
- 2015Worst year filed (3.07)
- 10Years filed
- $2,800,500Premium filed
- $5,814,085Indemnity paid
- $19,090,865Liability insured
- 70,332Quantity planted
- 64,075Quantity lost
- 731Policies
- 731Policies with a loss
- 2.08Loss ratio, whole span
Causes that carried the indemnity in Halifax County
- Excess Moisture/Precipitation/Rain $2,590,773 indemnity · 10 years
- Drought $2,413,306 indemnity · 9 years
- Hurricane/Tropical Depression $310,833 indemnity · 7 years
- Wildlife $197,279 indemnity · 10 years
- Decline in Price $108,242 indemnity · 6 years
- Heat $47,051 indemnity · 6 years
Corn 10 years filed
- 1.30Low end of the filed band
- 2.41Middle of the filed band
- 3.00High end of the filed band
- 2024Worst year filed (5.20)
- 10Years filed
- $1,013,812Premium filed
- $2,899,788Indemnity paid
- $7,150,218Liability insured
- 21,359Quantity planted
- 21,045Quantity lost
- 347Policies
- 346Policies with a loss
- 2.86Loss ratio, whole span
Causes that carried the indemnity in Halifax County
- Drought $1,725,492 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $721,077 indemnity · 9 years
- Heat $135,172 indemnity · 5 years
- Hurricane/Tropical Depression $105,177 indemnity · 4 years
- Flood $101,352 indemnity · 3 years
- Decline in Price $81,361 indemnity · 7 years
Peanuts 10 years filed
- 1.41Low end of the filed band
- 2.44Middle of the filed band
- 3.41High end of the filed band
- 2020Worst year filed (3.87)
- 10Years filed
- $328,595Premium filed
- $852,457Indemnity paid
- $3,645,883Liability insured
- 6,196Quantity planted
- 5,516Quantity lost
- 114Policies
- 109Policies with a loss
- 2.59Loss ratio, whole span
Causes that carried the indemnity in Halifax County
- Excess Moisture/Precipitation/Rain $495,592 indemnity · 9 years
- Drought $247,230 indemnity · 8 years
- Hurricane/Tropical Depression $62,976 indemnity · 5 years
- Heat $23,132 indemnity · 3 years
- Wildlife $15,157 indemnity · 2 years
- Tropical Storm $3,745 indemnity · 1 years
Every county-crop the agency files in North Carolina → Buy the Halifax 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.