Crop-loss band · North Carolina
Hertford County, North Carolina — crop-loss band
- 1.47Low end of the filed band
- 3.24Middle of the filed band
- 5.09High end of the filed band
- 2015Worst year filed (5.51)
- 10Years filed
Every year the Risk Management Agency has filed for Hertford 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 1.47 at the low end to 5.09 at the high end, with 3.24 in the middle. The worst year filed is 2015, at 5.51. 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 | $802,569 | $4,421,199 | $8,991,612 | 150 | 150 | 5.51 |
| 2016 | $1,063,134 | $4,663,312 | $10,565,720 | 257 | 257 | 4.39 |
| 2017 | $474,618 | $1,765,975 | $4,618,882 | 89 | 89 | 3.72 |
| 2018 | $865,668 | $4,409,769 | $8,458,327 | 124 | 124 | 5.09 |
| 2019 | $410,991 | $1,598,767 | $3,593,999 | 140 | 140 | 3.89 |
| 2020 | $1,571,434 | $4,888,922 | $11,824,108 | 357 | 357 | 3.11 |
| 2021 | $577,950 | $1,130,174 | $3,706,455 | 57 | 57 | 1.96 |
| 2022 | $713,198 | $1,044,948 | $4,859,926 | 164 | 164 | 1.47 |
| 2023 | $635,380 | $1,335,634 | $4,935,401 | 156 | 156 | 2.10 |
| 2024 | $1,297,311 | $4,202,566 | $8,826,096 | 196 | 196 | 3.24 |
Commodities insured in Hertford 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.
Flue Cured Tobacco 10 years filed
- 1.42Low end of the filed band
- 4.00Middle of the filed band
- 6.00High end of the filed band
- 2015Worst year filed (7.41)
- 10Years filed
- $3,810,631Premium filed
- $16,890,075Indemnity paid
- $33,107,679Liability insured
- 9,992Quantity planted
- 9,995Quantity lost
- 136Policies
- 136Policies with a loss
- 4.43Loss ratio, whole span
Causes that carried the indemnity in Hertford County
- Excess Moisture/Precipitation/Rain $8,921,440 indemnity · 8 years
- Plant Disease $2,421,802 indemnity · 3 years
- Hurricane/Tropical Depression $2,050,993 indemnity · 4 years
- Drought $1,829,768 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $862,744 indemnity · 4 years
- XX $344,198 indemnity · 3 years
Cotton 10 years filed
- 0.81Low end of the filed band
- 2.51Middle of the filed band
- 3.83High end of the filed band
- 2017Worst year filed (4.06)
- 10Years filed
- $2,415,435Premium filed
- $6,128,009Indemnity paid
- $19,794,801Liability insured
- 32,876Quantity planted
- 37,694Quantity lost
- 585Policies
- 585Policies with a loss
- 2.54Loss ratio, whole span
Causes that carried the indemnity in Hertford County
- Excess Moisture/Precipitation/Rain $2,369,864 indemnity · 8 years
- Drought $1,581,118 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $778,152 indemnity · 2 years
- Cold Wet Weather $474,623 indemnity · 2 years
- XX $272,330 indemnity · 5 years
- Decline in Price $225,003 indemnity · 7 years
Corn 10 years filed
- 0.65Low end of the filed band
- 2.02Middle of the filed band
- 4.24High end of the filed band
- 2024Worst year filed (5.49)
- 10Years filed
- $1,067,558Premium filed
- $3,798,663Indemnity paid
- $9,030,177Liability insured
- 21,347Quantity planted
- 20,867Quantity lost
- 410Policies
- 410Policies with a loss
- 3.56Loss ratio, whole span
Causes that carried the indemnity in Hertford County
- Drought $2,657,540 indemnity · 8 years
- Heat $432,579 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $347,402 indemnity · 8 years
- Hurricane/Tropical Depression $213,145 indemnity · 4 years
- Decline in Price $73,053 indemnity · 8 years
- XX $44,720 indemnity · 6 years
Soybeans 10 years filed
- 1.05Low end of the filed band
- 2.18Middle of the filed band
- 3.01High end of the filed band
- 2016Worst year filed (3.21)
- 10Years filed
- $1,118,629Premium filed
- $2,644,519Indemnity paid
- $8,447,869Liability insured
- 30,033Quantity planted
- 28,027Quantity lost
- 559Policies
- 559Policies with a loss
- 2.36Loss ratio, whole span
Causes that carried the indemnity in Hertford County
- Excess Moisture/Precipitation/Rain $1,156,888 indemnity · 10 years
- Drought $1,073,468 indemnity · 9 years
- XX $128,232 indemnity · 9 years
- Decline in Price $84,305 indemnity · 8 years
- Hurricane/Tropical Depression $78,058 indemnity · 5 years
- Heat $73,607 indemnity · 6 years
Every county-crop the agency files in North Carolina → Buy the Hertford 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.