Crop-loss band · North Carolina
Stanly County, North Carolina — crop-loss band
- 2.48Low end of the filed band
- 3.74Middle of the filed band
- 4.81High end of the filed band
- 2020Worst year filed (9.91)
- 10Years filed
Every year the Risk Management Agency has filed for Stanly 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 2.48 at the low end to 4.81 at the high end, with 3.74 in the middle. The worst year filed is 2020, at 9.91. 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 | $270,725 | $1,054,160 | $3,071,391 | 152 | 152 | 3.89 |
| 2016 | $314,999 | $1,051,395 | $3,281,298 | 166 | 164 | 3.34 |
| 2017 | $214,603 | $663,410 | $2,678,789 | 83 | 83 | 3.09 |
| 2018 | $320,462 | $1,540,212 | $4,280,422 | 211 | 211 | 4.81 |
| 2019 | $264,831 | $1,216,226 | $2,578,529 | 141 | 140 | 4.59 |
| 2020 | $419,842 | $4,162,682 | $6,061,031 | 162 | 162 | 9.91 |
| 2021 | $78,466 | $324,123 | $682,939 | 63 | 63 | 4.13 |
| 2022 | $925,579 | $2,296,510 | $6,715,197 | 151 | 151 | 2.48 |
| 2023 | $945,081 | $2,700,982 | $6,402,250 | 171 | 171 | 2.86 |
| 2024 | $1,057,679 | $3,958,941 | $8,924,410 | 228 | 228 | 3.74 |
Commodities insured in Stanly 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 10 years filed
- 0.93Low end of the filed band
- 3.29Middle of the filed band
- 11.50High end of the filed band
- 2021Worst year filed (18.01)
- 10Years filed
- $2,336,289Premium filed
- $9,904,653Indemnity paid
- $19,446,369Liability insured
- 24,024Quantity planted
- 39,312Quantity lost
- 198Policies
- 196Policies with a loss
- 4.24Loss ratio, whole span
Causes that carried the indemnity in Stanly County
- Excess Moisture/Precipitation/Rain $5,174,314 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $2,484,158 indemnity · 6 years
- Drought $910,586 indemnity · 8 years
- Wildlife $462,769 indemnity · 5 years
- Cold Wet Weather $378,302 indemnity · 2 years
- Decline in Price $126,247 indemnity · 4 years
Corn 10 years filed
- 2.41Low end of the filed band
- 4.90Middle of the filed band
- 7.94High end of the filed band
- 2018Worst year filed (8.60)
- 10Years filed
- $834,284Premium filed
- $3,944,009Indemnity paid
- $11,419,648Liability insured
- 28,177Quantity planted
- 28,303Quantity lost
- 431Policies
- 431Policies with a loss
- 4.73Loss ratio, whole span
Causes that carried the indemnity in Stanly County
- Drought $2,274,071 indemnity · 10 years
- Heat $805,253 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $285,569 indemnity · 7 years
- Decline in Price $174,224 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $160,920 indemnity · 3 years
- Hurricane/Tropical Depression $135,991 indemnity · 2 years
Soybeans 10 years filed
- 2.10Low end of the filed band
- 2.52Middle of the filed band
- 3.47High end of the filed band
- 2015Worst year filed (3.77)
- 10Years filed
- $1,235,294Premium filed
- $3,493,870Indemnity paid
- $10,760,566Liability insured
- 39,703Quantity planted
- 38,768Quantity lost
- 699Policies
- 699Policies with a loss
- 2.83Loss ratio, whole span
Causes that carried the indemnity in Stanly County
- Drought $1,749,917 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $833,864 indemnity · 10 years
- Wildlife $374,922 indemnity · 10 years
- Heat $318,557 indemnity · 7 years
- Hurricane/Tropical Depression $59,097 indemnity · 4 years
- Hurricane $55,701 indemnity · 1 years
Wheat 10 years filed
- 2.46Low end of the filed band
- 4.38Middle of the filed band
- 5.49High end of the filed band
- 2018Worst year filed (7.95)
- 10Years filed
- $406,399Premium filed
- $1,626,109Indemnity paid
- $3,049,673Liability insured
- 14,990Quantity planted
- 14,992Quantity lost
- 200Policies
- 199Policies with a loss
- 4.00Loss ratio, whole span
Causes that carried the indemnity in Stanly County
- Excess Moisture/Precipitation/Rain $1,380,026 indemnity · 10 years
- Hurricane/Tropical Depression $62,602 indemnity · 1 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $50,905 indemnity · 2 years
- Mycotoxin $40,468 indemnity · 1 years
- Decline in Price $28,367 indemnity · 4 years
- Freeze $28,366 indemnity · 5 years
Every county-crop the agency files in North Carolina → Buy the Stanly 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.