Crop-loss band · North Carolina
Iredell County, North Carolina — crop-loss band
- 2.02Low end of the filed band
- 2.76Middle of the filed band
- 3.97High end of the filed band
- 2024Worst year filed (7.93)
- 10Years filed
Every year the Risk Management Agency has filed for Iredell 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 3.97 at the high end, with 2.76 in the middle. The worst year filed is 2024, at 7.93. 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 | $242,193 | $961,272 | $2,323,181 | 96 | 96 | 3.97 |
| 2016 | $136,938 | $379,039 | $1,194,768 | 48 | 48 | 2.77 |
| 2017 | $124,524 | $369,572 | $1,076,669 | 47 | 47 | 2.97 |
| 2018 | $304,193 | $749,785 | $2,525,935 | 109 | 109 | 2.46 |
| 2019 | $259,179 | $714,306 | $1,701,232 | 62 | 62 | 2.76 |
| 2020 | $175,328 | $546,409 | $1,073,618 | 72 | 72 | 3.12 |
| 2021 | $185,916 | $378,350 | $1,026,682 | 34 | 34 | 2.04 |
| 2022 | $184,156 | $433,155 | $972,370 | 29 | 29 | 2.35 |
| 2023 | $288,269 | $580,939 | $2,510,760 | 69 | 69 | 2.02 |
| 2024 | $767,293 | $6,088,063 | $10,742,974 | 242 | 242 | 7.93 |
Commodities insured in Iredell County
3 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.
Corn 10 years filed
- 2.38Low end of the filed band
- 3.50Middle of the filed band
- 5.05High end of the filed band
- 2024Worst year filed (9.63)
- 10Years filed
- $860,729Premium filed
- $5,899,040Indemnity paid
- $12,202,733Liability insured
- 26,592Quantity planted
- 26,774Quantity lost
- 384Policies
- 384Policies with a loss
- 6.85Loss ratio, whole span
Causes that carried the indemnity in Iredell County
- Drought $3,528,590 indemnity · 10 years
- Tropical Storm $837,012 indemnity · 1 years
- Heat $768,720 indemnity · 7 years
- Decline in Price $345,382 indemnity · 8 years
- Hurricane/Tropical Depression $175,983 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $138,219 indemnity · 8 years
Flue Cured Tobacco 10 years filed
- 1.12Low end of the filed band
- 2.36Middle of the filed band
- 5.48High end of the filed band
- 2015Worst year filed (6.54)
- 10Years filed
- $1,174,129Premium filed
- $3,126,639Indemnity paid
- $6,012,146Liability insured
- 2,362Quantity planted
- 2,362Quantity lost
- 29Policies
- 29Policies with a loss
- 2.66Loss ratio, whole span
Causes that carried the indemnity in Iredell County
- Drought $840,205 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $785,519 indemnity · 3 years
- Hurricane $473,528 indemnity · 1 years
- Hurricane/Tropical Depression $318,556 indemnity · 2 years
- Heat $225,026 indemnity · 2 years
- Flood $199,156 indemnity · 1 years
Soybeans 10 years filed
- 1.44Low end of the filed band
- 3.37Middle of the filed band
- 4.06High end of the filed band
- 2020Worst year filed (4.69)
- 10Years filed
- $633,131Premium filed
- $2,175,211Indemnity paid
- $6,933,310Liability insured
- 22,013Quantity planted
- 21,541Quantity lost
- 395Policies
- 395Policies with a loss
- 3.44Loss ratio, whole span
Causes that carried the indemnity in Iredell County
- Drought $1,151,223 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $332,284 indemnity · 8 years
- Tropical Storm $172,025 indemnity · 1 years
- Decline in Price $115,157 indemnity · 5 years
- Flood $75,643 indemnity · 2 years
- Hurricane $69,752 indemnity · 1 years
Every county-crop the agency files in North Carolina → Buy the Iredell 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.