Crop-loss band · North Carolina
Person County, North Carolina — crop-loss band
- 2.05Low end of the filed band
- 3.00Middle of the filed band
- 3.89High end of the filed band
- 2018Worst year filed (4.92)
- 10Years filed
Every year the Risk Management Agency has filed for Person 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 2.05 at the low end to 3.89 at the high end, with 3.00 in the middle. The worst year filed is 2018, at 4.92. 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 | $1,127,448 | $4,161,877 | $7,766,047 | 222 | 222 | 3.69 |
| 2016 | $1,268,934 | $4,378,939 | $8,195,431 | 172 | 172 | 3.45 |
| 2017 | $952,442 | $2,018,297 | $5,066,380 | 111 | 110 | 2.12 |
| 2018 | $1,441,557 | $7,085,471 | $13,508,319 | 242 | 242 | 4.92 |
| 2019 | $1,921,535 | $5,767,716 | $12,528,740 | 278 | 278 | 3.00 |
| 2020 | $1,194,064 | $4,646,501 | $8,853,237 | 224 | 224 | 3.89 |
| 2021 | $921,849 | $1,912,867 | $4,619,102 | 128 | 128 | 2.08 |
| 2022 | $935,403 | $2,215,133 | $5,732,967 | 207 | 207 | 2.37 |
| 2023 | $1,546,615 | $3,165,721 | $7,673,766 | 213 | 213 | 2.05 |
| 2024 | $2,229,292 | $8,028,812 | $15,265,765 | 352 | 352 | 3.60 |
Commodities insured in Person 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
- 2.84Low end of the filed band
- 4.75Middle of the filed band
- 6.22High end of the filed band
- 2015Worst year filed (7.17)
- 10Years filed
- $6,546,058Premium filed
- $32,359,830Indemnity paid
- $66,316,327Liability insured
- 16,467Quantity planted
- 16,488Quantity lost
- 839Policies
- 839Policies with a loss
- 4.94Loss ratio, whole span
Causes that carried the indemnity in Person County
- Drought $7,026,229 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $6,329,165 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $6,205,767 indemnity · 10 years
- Hurricane/Tropical Depression $3,919,562 indemnity · 5 years
- Wind/Excess Wind $2,697,647 indemnity · 10 years
- Heat $2,105,982 indemnity · 7 years
Soybeans 10 years filed
- 0.87Low end of the filed band
- 1.42Middle of the filed band
- 1.68High end of the filed band
- 2020Worst year filed (1.76)
- 10Years filed
- $4,239,400Premium filed
- $6,023,456Indemnity paid
- $12,860,102Liability insured
- 60,205Quantity planted
- 62,420Quantity lost
- 833Policies
- 833Policies with a loss
- 1.42Loss ratio, whole span
Causes that carried the indemnity in Person County
- Drought $3,325,352 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $820,579 indemnity · 10 years
- Heat $674,165 indemnity · 7 years
- Wildlife $504,863 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $277,114 indemnity · 2 years
- Hurricane/Tropical Depression $249,447 indemnity · 4 years
Wheat 10 years filed
- 1.10Low end of the filed band
- 1.47Middle of the filed band
- 1.99High end of the filed band
- 2015Worst year filed (2.08)
- 10Years filed
- $1,922,781Premium filed
- $3,163,060Indemnity paid
- $6,246,192Liability insured
- 36,691Quantity planted
- 36,741Quantity lost
- 292Policies
- 291Policies with a loss
- 1.65Loss ratio, whole span
Causes that carried the indemnity in Person County
- Excess Moisture/Precipitation/Rain $2,715,829 indemnity · 10 years
- Hurricane/Tropical Depression $139,679 indemnity · 1 years
- Freeze $84,925 indemnity · 4 years
- Cold Winter $76,192 indemnity · 3 years
- Heat $47,391 indemnity · 1 years
- Drought $47,178 indemnity · 7 years
Corn 9 years filed
- 1.20Low end of the filed band
- 1.47Middle of the filed band
- 2.82High end of the filed band
- 2024Worst year filed (2.82)
- 9Years filed
- $830,899Premium filed
- $1,834,988Indemnity paid
- $3,787,132Liability insured
- 9,780Quantity planted
- 9,669Quantity lost
- 185Policies
- 185Policies with a loss
- 2.21Loss ratio, whole span
Causes that carried the indemnity in Person County
- Drought $891,004 indemnity · 8 years
- Heat $436,040 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $244,770 indemnity · 6 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $159,107 indemnity · 2 years
- Hurricane/Tropical Depression $84,962 indemnity · 4 years
- All Other Causes $7,336 indemnity · 1 years
Every county-crop the agency files in North Carolina → Buy the Person 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.