Crop-loss band · North Carolina
Rowan County, North Carolina — crop-loss band
- 1.92Low end of the filed band
- 3.28Middle of the filed band
- 4.67High end of the filed band
- 2015Worst year filed (5.29)
- 10Years filed
Every year the Risk Management Agency has filed for Rowan 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 1.92 at the low end to 4.67 at the high end, with 3.28 in the middle. The worst year filed is 2015, at 5.29. 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 | $545,098 | $2,884,847 | $5,879,583 | 184 | 184 | 5.29 |
| 2016 | $314,453 | $759,237 | $2,633,479 | 96 | 96 | 2.41 |
| 2017 | $94,343 | $330,211 | $778,962 | 57 | 57 | 3.50 |
| 2018 | $272,527 | $893,385 | $2,715,339 | 117 | 117 | 3.28 |
| 2019 | $372,799 | $1,064,830 | $3,001,380 | 105 | 105 | 2.86 |
| 2020 | $150,496 | $397,842 | $1,519,298 | 73 | 73 | 2.64 |
| 2021 | $57,044 | $247,578 | $464,927 | 34 | 34 | 4.34 |
| 2022 | $325,471 | $1,520,484 | $3,010,857 | 80 | 80 | 4.67 |
| 2023 | $287,633 | $552,879 | $2,245,051 | 54 | 54 | 1.92 |
| 2024 | $539,306 | $2,032,397 | $5,113,513 | 136 | 136 | 3.77 |
Commodities insured in Rowan 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
- 2.25Low end of the filed band
- 3.69Middle of the filed band
- 6.01High end of the filed band
- 2015Worst year filed (6.72)
- 10Years filed
- $1,253,404Premium filed
- $6,044,548Indemnity paid
- $13,244,540Liability insured
- 30,738Quantity planted
- 30,384Quantity lost
- 369Policies
- 369Policies with a loss
- 4.82Loss ratio, whole span
Causes that carried the indemnity in Rowan County
- Drought $3,967,963 indemnity · 10 years
- Heat $1,056,325 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $342,285 indemnity · 7 years
- Decline in Price $253,142 indemnity · 7 years
- XX $225,040 indemnity · 5 years
- Hurricane/Tropical Depression $94,644 indemnity · 4 years
Soybeans 10 years filed
- 1.09Low end of the filed band
- 1.75Middle of the filed band
- 3.28High end of the filed band
- 2015Worst year filed (4.58)
- 10Years filed
- $1,388,807Premium filed
- $3,486,250Indemnity paid
- $11,749,093Liability insured
- 43,408Quantity planted
- 41,268Quantity lost
- 422Policies
- 422Policies with a loss
- 2.51Loss ratio, whole span
Causes that carried the indemnity in Rowan County
- Drought $2,382,685 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $586,380 indemnity · 9 years
- Decline in Price $133,391 indemnity · 5 years
- Heat $124,389 indemnity · 5 years
- XX $114,394 indemnity · 7 years
- Hurricane/Tropical Depression $70,692 indemnity · 2 years
Wheat 10 years filed
- 1.78Low end of the filed band
- 3.38Middle of the filed band
- 5.15High end of the filed band
- 2021Worst year filed (6.29)
- 10Years filed
- $316,959Premium filed
- $1,152,892Indemnity paid
- $2,368,756Liability insured
- 10,824Quantity planted
- 10,808Quantity lost
- 145Policies
- 145Policies with a loss
- 3.64Loss ratio, whole span
Causes that carried the indemnity in Rowan County
- Excess Moisture/Precipitation/Rain $784,776 indemnity · 8 years
- Freeze $93,375 indemnity · 6 years
- Hurricane/Tropical Depression $56,176 indemnity · 1 years
- Drought $48,641 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $41,533 indemnity · 1 years
- Cold Wet Weather $41,448 indemnity · 3 years
Every county-crop the agency files in North Carolina → Buy the Rowan 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.