Crop-loss band · North Carolina
Pitt County, North Carolina — crop-loss band
- 2.09Low end of the filed band
- 2.93Middle of the filed band
- 3.83High end of the filed band
- 2019Worst year filed (3.88)
- 10Years filed
Every year the Risk Management Agency has filed for Pitt 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 2.09 at the low end to 3.83 at the high end, with 2.93 in the middle. The worst year filed is 2019, at 3.88. 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 | $2,033,261 | $6,835,009 | $14,966,449 | 480 | 479 | 3.36 |
| 2016 | $2,273,614 | $8,704,025 | $17,979,550 | 552 | 552 | 3.83 |
| 2017 | $1,565,979 | $3,266,858 | $11,109,437 | 253 | 253 | 2.09 |
| 2018 | $3,103,229 | $11,761,234 | $24,673,357 | 575 | 573 | 3.79 |
| 2019 | $2,702,903 | $10,473,785 | $20,079,224 | 574 | 574 | 3.88 |
| 2020 | $2,774,385 | $9,311,334 | $20,030,437 | 659 | 658 | 3.36 |
| 2021 | $3,162,339 | $9,266,707 | $21,152,223 | 539 | 537 | 2.93 |
| 2022 | $3,076,997 | $8,440,765 | $19,329,677 | 385 | 385 | 2.74 |
| 2023 | $2,602,753 | $6,112,148 | $16,915,689 | 429 | 429 | 2.35 |
| 2024 | $8,669,021 | $20,520,449 | $42,789,623 | 985 | 985 | 2.37 |
Commodities insured in Pitt 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
- 2.87Low end of the filed band
- 4.33Middle of the filed band
- 5.55High end of the filed band
- 2015Worst year filed (5.73)
- 10Years filed
- $9,851,690Premium filed
- $40,939,191Indemnity paid
- $79,295,967Liability insured
- 24,829Quantity planted
- 24,876Quantity lost
- 843Policies
- 843Policies with a loss
- 4.16Loss ratio, whole span
Causes that carried the indemnity in Pitt County
- Excess Moisture/Precipitation/Rain $12,076,836 indemnity · 10 years
- Hurricane/Tropical Depression $9,657,329 indemnity · 7 years
- Drought $8,211,422 indemnity · 10 years
- Tropical Storm $2,110,652 indemnity · 2 years
- Wind/Excess Wind $2,098,628 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $1,649,336 indemnity · 5 years
Soybeans 10 years filed
- 1.39Low end of the filed band
- 2.03Middle of the filed band
- 2.77High end of the filed band
- 2015Worst year filed (2.94)
- 10Years filed
- $10,470,092Premium filed
- $22,160,291Indemnity paid
- $59,125,230Liability insured
- 219,764Quantity planted
- 214,431Quantity lost
- 2,173Policies
- 2,170Policies with a loss
- 2.12Loss ratio, whole span
Causes that carried the indemnity in Pitt County
- Excess Moisture/Precipitation/Rain $8,289,816 indemnity · 10 years
- Drought $6,344,928 indemnity · 10 years
- Hurricane/Tropical Depression $3,648,485 indemnity · 8 years
- Tropical Storm $1,951,664 indemnity · 2 years
- Heat $999,646 indemnity · 10 years
- Decline in Price $274,311 indemnity · 7 years
Corn 10 years filed
- 1.48Low end of the filed band
- 2.80Middle of the filed band
- 3.24High end of the filed band
- 2024Worst year filed (3.68)
- 10Years filed
- $4,648,754Premium filed
- $13,992,092Indemnity paid
- $29,570,654Liability insured
- 82,195Quantity planted
- 81,596Quantity lost
- 1,161Policies
- 1,161Policies with a loss
- 3.01Loss ratio, whole span
Causes that carried the indemnity in Pitt County
- Drought $6,731,492 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $2,331,741 indemnity · 10 years
- Hurricane/Tropical Depression $1,996,724 indemnity · 7 years
- Heat $1,679,497 indemnity · 10 years
- Tropical Storm $721,680 indemnity · 2 years
- Decline in Price $244,339 indemnity · 8 years
Cotton 10 years filed
- 1.56Low end of the filed band
- 2.28Middle of the filed band
- 2.88High end of the filed band
- 2016Worst year filed (4.76)
- 10Years filed
- $4,484,093Premium filed
- $10,137,149Indemnity paid
- $25,761,146Liability insured
- 50,454Quantity planted
- 58,193Quantity lost
- 549Policies
- 549Policies with a loss
- 2.26Loss ratio, whole span
Causes that carried the indemnity in Pitt County
- Excess Moisture/Precipitation/Rain $3,726,396 indemnity · 10 years
- Drought $2,412,432 indemnity · 10 years
- Hurricane/Tropical Depression $1,307,536 indemnity · 7 years
- Tropical Storm $904,639 indemnity · 2 years
- Heat $711,246 indemnity · 9 years
- ARPI/SCO/STAX Crops Only $641,382 indemnity · 3 years
Wheat 10 years filed
- 1.58Low end of the filed band
- 3.10Middle of the filed band
- 4.09High end of the filed band
- 2016Worst year filed (4.80)
- 10Years filed
- $1,489,260Premium filed
- $4,860,593Indemnity paid
- $8,541,232Liability insured
- 51,065Quantity planted
- 51,170Quantity lost
- 499Policies
- 498Policies with a loss
- 3.26Loss ratio, whole span
Causes that carried the indemnity in Pitt County
- Excess Moisture/Precipitation/Rain $3,917,205 indemnity · 10 years
- Frost $338,094 indemnity · 6 years
- Drought $300,665 indemnity · 5 years
- Cold Wet Weather $136,864 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $76,996 indemnity · 2 years
- Decline in Price $52,342 indemnity · 6 years
Peanuts 10 years filed
- 1.61Low end of the filed band
- 4.07Middle of the filed band
- 5.40High end of the filed band
- 2018Worst year filed (5.96)
- 10Years filed
- $1,020,591Premium filed
- $2,602,998Indemnity paid
- $6,731,438Liability insured
- 7,986Quantity planted
- 7,280Quantity lost
- 206Policies
- 204Policies with a loss
- 2.55Loss ratio, whole span
Causes that carried the indemnity in Pitt County
- Tropical Storm $1,032,902 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $785,481 indemnity · 8 years
- Drought $400,565 indemnity · 9 years
- Hurricane/Tropical Depression $265,858 indemnity · 5 years
- Heat $63,971 indemnity · 8 years
- All Other Causes $30,744 indemnity · 2 years
Every county-crop the agency files in North Carolina → Buy the Pitt 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.