Crop-loss band · North Carolina
Lenoir County, North Carolina — crop-loss band
- 2.26Low end of the filed band
- 2.61Middle of the filed band
- 3.40High end of the filed band
- 2020Worst year filed (3.57)
- 10Years filed
Every year the Risk Management Agency has filed for Lenoir County is in the series below, from 2015 to 2022. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 2.26 at the low end to 3.40 at the high end, with 2.61 in the middle. The worst year filed is 2020, at 3.57. 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 | $2,153,541 | $6,979,312 | $14,073,603 | 327 | 327 | 3.24 |
| 2016 | $2,052,348 | $5,919,517 | $12,099,376 | 358 | 358 | 2.88 |
| 2017 | $1,486,659 | $3,803,496 | $9,043,513 | 197 | 196 | 2.56 |
| 2018 | $3,097,781 | $10,536,552 | $19,704,630 | 419 | 419 | 3.40 |
| 2019 | $2,404,358 | $7,962,166 | $14,246,527 | 403 | 403 | 3.31 |
| 2020 | $4,002,800 | $14,301,667 | $22,504,670 | 652 | 652 | 3.57 |
| 2021 | $1,900,427 | $4,640,936 | $11,061,297 | 207 | 207 | 2.44 |
| 2022 | $2,812,982 | $7,347,681 | $16,825,878 | 214 | 214 | 2.61 |
| 2023 | $2,354,906 | $5,494,629 | $11,616,080 | 254 | 254 | 2.33 |
| 2024 | $5,409,976 | $12,248,529 | $23,849,952 | 705 | 705 | 2.26 |
Commodities insured in Lenoir County
6 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
- 2.64Low end of the filed band
- 3.52Middle of the filed band
- 4.34High end of the filed band
- 2015Worst year filed (4.73)
- 10Years filed
- $9,861,098Premium filed
- $36,244,620Indemnity paid
- $66,430,136Liability insured
- 20,789Quantity planted
- 23,664Quantity lost
- 635Policies
- 635Policies with a loss
- 3.68Loss ratio, whole span
Causes that carried the indemnity in Lenoir County
- Excess Moisture/Precipitation/Rain $10,313,969 indemnity · 9 years
- Drought $8,580,657 indemnity · 9 years
- Hurricane/Tropical Depression $8,349,753 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $2,514,225 indemnity · 4 years
- Plant Disease $2,029,146 indemnity · 7 years
- Tropical Storm $1,767,813 indemnity · 1 years
Soybeans 10 years filed
- 1.37Low end of the filed band
- 1.78Middle of the filed band
- 2.51High end of the filed band
- 2020Worst year filed (3.27)
- 10Years filed
- $8,288,435Premium filed
- $16,780,735Indemnity paid
- $33,081,237Liability insured
- 120,468Quantity planted
- 143,999Quantity lost
- 1,410Policies
- 1,410Policies with a loss
- 2.02Loss ratio, whole span
Causes that carried the indemnity in Lenoir County
- Drought $5,767,687 indemnity · 10 years
- Hurricane/Tropical Depression $4,070,536 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $4,030,745 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $1,460,830 indemnity · 4 years
- Tropical Storm $945,676 indemnity · 1 years
- Heat $375,678 indemnity · 8 years
Corn 10 years filed
- 2.06Low end of the filed band
- 2.56Middle of the filed band
- 3.52High end of the filed band
- 2020Worst year filed (3.92)
- 10Years filed
- $5,742,194Premium filed
- $16,484,548Indemnity paid
- $30,830,501Liability insured
- 71,293Quantity planted
- 86,831Quantity lost
- 1,019Policies
- 1,019Policies with a loss
- 2.87Loss ratio, whole span
Causes that carried the indemnity in Lenoir County
- Drought $8,813,909 indemnity · 10 years
- ARPI/SCO/STAX Crops Only $1,918,489 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $1,743,355 indemnity · 8 years
- Hurricane/Tropical Depression $1,718,071 indemnity · 7 years
- Tropical Storm $1,034,344 indemnity · 2 years
- Heat $1,024,265 indemnity · 9 years
Cotton 10 years filed
- 1.27Low end of the filed band
- 2.38Middle of the filed band
- 4.39High end of the filed band
- 2016Worst year filed (4.60)
- 10Years filed
- $1,700,116Premium filed
- $4,576,828Indemnity paid
- $10,503,368Liability insured
- 20,203Quantity planted
- 26,285Quantity lost
- 213Policies
- 213Policies with a loss
- 2.69Loss ratio, whole span
Causes that carried the indemnity in Lenoir County
- Hurricane/Tropical Depression $1,306,009 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $1,107,965 indemnity · 6 years
- Drought $1,103,866 indemnity · 7 years
- ARPI/SCO/STAX Crops Only $702,379 indemnity · 3 years
- Tropical Storm $277,449 indemnity · 1 years
- Decline in Price $31,350 indemnity · 3 years
Wheat 10 years filed
- 2.02Low end of the filed band
- 2.42Middle of the filed band
- 2.98High end of the filed band
- 2016Worst year filed (3.44)
- 10Years filed
- $1,352,845Premium filed
- $3,686,246Indemnity paid
- $6,072,810Liability insured
- 45,263Quantity planted
- 45,249Quantity lost
- 440Policies
- 439Policies with a loss
- 2.72Loss ratio, whole span
Causes that carried the indemnity in Lenoir County
- Excess Moisture/Precipitation/Rain $2,716,510 indemnity · 8 years
- Frost $267,779 indemnity · 5 years
- Drought $236,074 indemnity · 7 years
- Cold Wet Weather $206,578 indemnity · 4 years
- Freeze $129,487 indemnity · 5 years
- Decline in Price $56,100 indemnity · 6 years
Whole Farm Revenue Protection 5 years filed
- 0.47Low end of the filed band
- 2.64Middle of the filed band
- 4.05High end of the filed band
- 2017Worst year filed (4.05)
- 5Years filed
- $731,090Premium filed
- $1,461,508Indemnity paid
- $8,107,474Liability insured
- 0Quantity planted
- 0Quantity lost
- 19Policies
- 19Policies with a loss
- 2.00Loss ratio, whole span
Causes that carried the indemnity in Lenoir County
- Drought $1,156,871 indemnity · 4 years
- Plant Disease $143,819 indemnity · 1 years
- Wind/Excess Wind $83,335 indemnity · 4 years
- Heat $66,049 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $11,435 indemnity · 1 years
Every county-crop the agency files in North Carolina → Buy the Lenoir 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.