Crop-loss band · North Carolina
Wake County, North Carolina — crop-loss band
- 3.05Low end of the filed band
- 3.69Middle of the filed band
- 5.69High end of the filed band
- 2018Worst year filed (6.14)
- 10Years filed
Every year the Risk Management Agency has filed for Wake 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 3.05 at the low end to 5.69 at the high end, with 3.69 in the middle. The worst year filed is 2018, at 6.14. 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 | $502,055 | $2,006,436 | $3,813,231 | 95 | 95 | 4.00 |
| 2016 | $547,664 | $3,115,539 | $6,986,686 | 71 | 71 | 5.69 |
| 2017 | $422,459 | $1,616,422 | $4,583,200 | 64 | 64 | 3.83 |
| 2018 | $618,945 | $3,800,312 | $6,573,645 | 106 | 106 | 6.14 |
| 2019 | $481,414 | $1,778,375 | $4,272,090 | 101 | 101 | 3.69 |
| 2020 | $464,309 | $2,053,603 | $4,449,617 | 82 | 82 | 4.42 |
| 2021 | $308,171 | $951,130 | $2,491,476 | 46 | 46 | 3.09 |
| 2022 | $374,033 | $1,191,483 | $2,806,953 | 70 | 70 | 3.19 |
| 2023 | $393,865 | $1,202,390 | $3,272,027 | 74 | 74 | 3.05 |
| 2024 | $635,081 | $2,315,670 | $5,849,585 | 137 | 137 | 3.65 |
Commodities insured in Wake County
2 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
- 3.80Low end of the filed band
- 4.39Middle of the filed band
- 6.85High end of the filed band
- 2015Worst year filed (8.07)
- 10Years filed
- $3,280,728Premium filed
- $17,154,309Indemnity paid
- $38,824,769Liability insured
- 11,480Quantity planted
- 11,480Quantity lost
- 410Policies
- 410Policies with a loss
- 5.23Loss ratio, whole span
Causes that carried the indemnity in Wake County
- Drought $4,323,020 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $3,745,658 indemnity · 10 years
- Plant Disease $2,670,339 indemnity · 10 years
- Hurricane/Tropical Depression $2,484,850 indemnity · 7 years
- Heat $1,607,117 indemnity · 10 years
- Wind/Excess Wind $641,371 indemnity · 8 years
Soybeans 10 years filed
- 1.25Low end of the filed band
- 1.68Middle of the filed band
- 2.12High end of the filed band
- 2024Worst year filed (2.78)
- 10Years filed
- $1,467,268Premium filed
- $2,877,051Indemnity paid
- $6,273,741Liability insured
- 33,720Quantity planted
- 33,926Quantity lost
- 436Policies
- 436Policies with a loss
- 1.96Loss ratio, whole span
Causes that carried the indemnity in Wake County
- Drought $1,362,325 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $675,945 indemnity · 8 years
- Heat $327,646 indemnity · 9 years
- Hurricane/Tropical Depression $228,653 indemnity · 7 years
- Tropical Storm $163,093 indemnity · 1 years
- Wildlife $84,637 indemnity · 8 years
Every county-crop the agency files in North Carolina → Buy the Wake 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.