Crop-loss band · North Carolina
Scotland County, North Carolina — crop-loss band
- 1.57Low end of the filed band
- 2.96Middle of the filed band
- 3.52High end of the filed band
- 2020Worst year filed (3.93)
- 10Years filed
Every year the Risk Management Agency has filed for Scotland 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 1.57 at the low end to 3.52 at the high end, with 2.96 in the middle. The worst year filed is 2020, at 3.93. 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 | $524,429 | $1,823,761 | $3,770,129 | 119 | 119 | 3.48 |
| 2016 | $563,820 | $1,791,195 | $3,762,585 | 105 | 103 | 3.18 |
| 2017 | $196,081 | $368,908 | $842,758 | 13 | 13 | 1.88 |
| 2018 | $653,926 | $2,299,491 | $4,134,114 | 123 | 123 | 3.52 |
| 2019 | $466,127 | $1,521,816 | $3,019,101 | 146 | 145 | 3.26 |
| 2020 | $378,865 | $1,487,694 | $2,288,507 | 95 | 94 | 3.93 |
| 2021 | $226,338 | $354,796 | $1,193,787 | 49 | 48 | 1.57 |
| 2022 | $1,008,022 | $2,093,873 | $5,686,494 | 104 | 104 | 2.08 |
| 2023 | $224,725 | $494,606 | $1,276,081 | 16 | 16 | 2.20 |
| 2024 | $1,295,696 | $3,840,034 | $8,227,732 | 212 | 212 | 2.96 |
Commodities insured in Scotland 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.
Cotton 9 years filed
- 0.69Low end of the filed band
- 2.65Middle of the filed band
- 6.12High end of the filed band
- 2020Worst year filed (6.12)
- 9Years filed
- $1,798,945Premium filed
- $5,281,680Indemnity paid
- $12,074,673Liability insured
- 20,580Quantity planted
- 34,485Quantity lost
- 280Policies
- 280Policies with a loss
- 2.94Loss ratio, whole span
Causes that carried the indemnity in Scotland County
- ARPI/SCO/STAX Crops Only $1,270,767 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $1,134,447 indemnity · 6 years
- Hurricane/Tropical Depression $1,039,881 indemnity · 5 years
- Drought $1,028,008 indemnity · 8 years
- Decline in Price $245,007 indemnity · 5 years
- Tropical Storm $243,781 indemnity · 1 years
Corn 10 years filed
- 1.00Low end of the filed band
- 2.56Middle of the filed band
- 4.04High end of the filed band
- 2017Worst year filed (4.17)
- 10Years filed
- $1,405,479Premium filed
- $4,800,207Indemnity paid
- $10,507,200Liability insured
- 26,396Quantity planted
- 26,396Quantity lost
- 236Policies
- 233Policies with a loss
- 3.42Loss ratio, whole span
Causes that carried the indemnity in Scotland County
- Drought $3,025,072 indemnity · 9 years
- Heat $756,830 indemnity · 6 years
- Tropical Storm $354,615 indemnity · 1 years
- All Other Causes $222,347 indemnity · 4 years
- Hurricane/Tropical Depression $215,222 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $199,608 indemnity · 5 years
Soybeans 10 years filed
- 1.29Low end of the filed band
- 1.96Middle of the filed band
- 2.91High end of the filed band
- 2019Worst year filed (3.21)
- 10Years filed
- $1,827,310Premium filed
- $4,314,751Indemnity paid
- $8,734,401Liability insured
- 42,792Quantity planted
- 42,941Quantity lost
- 349Policies
- 347Policies with a loss
- 2.36Loss ratio, whole span
Causes that carried the indemnity in Scotland County
- Drought $2,205,814 indemnity · 9 years
- Hurricane/Tropical Depression $660,459 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $602,827 indemnity · 8 years
- Heat $383,208 indemnity · 6 years
- Tropical Storm $264,732 indemnity · 1 years
- All Other Causes $151,234 indemnity · 3 years
Wheat 10 years filed
- 0.69Low end of the filed band
- 2.91Middle of the filed band
- 4.17High end of the filed band
- 2021Worst year filed (4.77)
- 10Years filed
- $506,295Premium filed
- $1,679,536Indemnity paid
- $2,885,014Liability insured
- 19,627Quantity planted
- 19,619Quantity lost
- 117Policies
- 117Policies with a loss
- 3.32Loss ratio, whole span
Causes that carried the indemnity in Scotland County
- Excess Moisture/Precipitation/Rain $1,494,366 indemnity · 8 years
- Hurricane/Tropical Depression $53,567 indemnity · 2 years
- Drought $51,737 indemnity · 4 years
- Freeze $42,638 indemnity · 3 years
- Decline in Price $16,058 indemnity · 2 years
- Frost $10,054 indemnity · 1 years
Every county-crop the agency files in North Carolina → Buy the Scotland 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.