Crop-loss band · North Carolina
Pasquotank County, North Carolina — crop-loss band
- 1.96Low end of the filed band
- 3.00Middle of the filed band
- 3.84High end of the filed band
- 2018Worst year filed (4.24)
- 10Years filed
Every year the Risk Management Agency has filed for Pasquotank County is in the series below, from 2015 to 2023. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.96 at the low end to 3.84 at the high end, with 3.00 in the middle. The worst year filed is 2018, at 4.24. 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 | $241,429 | $868,170 | $2,862,908 | 49 | 49 | 3.60 |
| 2016 | $422,120 | $1,214,141 | $3,271,963 | 100 | 100 | 2.88 |
| 2017 | $200,982 | $752,752 | $2,239,308 | 46 | 46 | 3.75 |
| 2018 | $566,626 | $2,404,650 | $6,663,474 | 122 | 122 | 4.24 |
| 2019 | $622,399 | $1,870,131 | $5,728,481 | 83 | 83 | 3.00 |
| 2020 | $588,628 | $1,929,565 | $7,889,220 | 147 | 147 | 3.28 |
| 2021 | $433,854 | $953,459 | $4,742,444 | 79 | 79 | 2.20 |
| 2022 | $389,605 | $762,202 | $4,671,077 | 39 | 39 | 1.96 |
| 2023 | $635,505 | $1,615,828 | $8,670,378 | 69 | 69 | 2.54 |
| 2024 | $612,899 | $2,356,117 | $7,633,505 | 70 | 70 | 3.84 |
Commodities insured in Pasquotank 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.
Soybeans 10 years filed
- 1.53Low end of the filed band
- 2.21Middle of the filed band
- 3.60High end of the filed band
- 2016Worst year filed (4.00)
- 10Years filed
- $1,885,625Premium filed
- $4,621,937Indemnity paid
- $24,738,501Liability insured
- 67,362Quantity planted
- 49,558Quantity lost
- 382Policies
- 382Policies with a loss
- 2.45Loss ratio, whole span
Causes that carried the indemnity in Pasquotank County
- Excess Moisture/Precipitation/Rain $2,278,211 indemnity · 10 years
- Drought $1,566,178 indemnity · 9 years
- Hurricane/Tropical Depression $265,721 indemnity · 5 years
- Heat $138,037 indemnity · 3 years
- All Other Causes $119,758 indemnity · 4 years
- Decline in Price $113,466 indemnity · 5 years
Corn 10 years filed
- 1.06Low end of the filed band
- 3.12Middle of the filed band
- 6.46High end of the filed band
- 2018Worst year filed (8.45)
- 10Years filed
- $936,163Premium filed
- $4,038,999Indemnity paid
- $15,421,634Liability insured
- 28,322Quantity planted
- 27,351Quantity lost
- 146Policies
- 146Policies with a loss
- 4.31Loss ratio, whole span
Causes that carried the indemnity in Pasquotank County
- Excess Moisture/Precipitation/Rain $1,772,668 indemnity · 10 years
- Drought $928,775 indemnity · 7 years
- Heat $451,684 indemnity · 5 years
- Hurricane/Tropical Depression $446,244 indemnity · 4 years
- All Other Causes $216,628 indemnity · 1 years
- Decline in Price $209,130 indemnity · 6 years
Potatoes 10 years filed
- 1.93Low end of the filed band
- 3.15Middle of the filed band
- 6.46High end of the filed band
- 2017Worst year filed (9.06)
- 10Years filed
- $900,024Premium filed
- $3,177,361Indemnity paid
- $8,911,960Liability insured
- 4,700Quantity planted
- 4,703Quantity lost
- 104Policies
- 104Policies with a loss
- 3.53Loss ratio, whole span
Causes that carried the indemnity in Pasquotank County
- Excess Moisture/Precipitation/Rain $1,509,379 indemnity · 9 years
- Heat $1,109,719 indemnity · 8 years
- Drought $558,263 indemnity · 6 years
Wheat 9 years filed
- 1.07Low end of the filed band
- 2.76Middle of the filed band
- 3.30High end of the filed band
- 2021Worst year filed (3.30)
- 9Years filed
- $535,682Premium filed
- $1,497,294Indemnity paid
- $2,427,904Liability insured
- 14,121Quantity planted
- 14,203Quantity lost
- 123Policies
- 123Policies with a loss
- 2.80Loss ratio, whole span
Causes that carried the indemnity in Pasquotank County
- Excess Moisture/Precipitation/Rain $1,063,622 indemnity · 7 years
- Cold Wet Weather $187,978 indemnity · 5 years
- Frost $109,442 indemnity · 2 years
- Decline in Price $77,236 indemnity · 6 years
- Freeze $41,070 indemnity · 1 years
- Drought $4,206 indemnity · 1 years
Cabbage 8 years filed
- 0.51Low end of the filed band
- 2.55Middle of the filed band
- 5.49High end of the filed band
- 2017Worst year filed (5.49)
- 8Years filed
- $456,553Premium filed
- $1,391,424Indemnity paid
- $2,872,759Liability insured
- 1,432Quantity planted
- 1,484Quantity lost
- 49Policies
- 49Policies with a loss
- 3.05Loss ratio, whole span
Causes that carried the indemnity in Pasquotank County
- Excess Moisture/Precipitation/Rain $961,663 indemnity · 7 years
- Heat $191,795 indemnity · 2 years
- Freeze $180,791 indemnity · 1 years
- Drought $34,358 indemnity · 1 years
- Hurricane/Tropical Depression $11,585 indemnity · 1 years
- Plant Disease $11,232 indemnity · 1 years
Every county-crop the agency files in North Carolina → Buy the Pasquotank 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.