Yadkin County, North Carolina — crop-loss band

What stands out

Between its 2023 and 2024 filings its loss ratio rose from 2.88 to 5.90 and its premium rose from $371,896 to $1,474,840.
Its middle loss ratio of 3.52 ranks 12th highest of the 73 counties in North Carolina with a filed crop-loss record.
It insures 3 commodities, against a range of 2 to 10 across North Carolina’s 73 county records.
Across its 10 filed years it paid $21,396,798 of indemnity on $4,997,034 of premium, a loss ratio of 4.28.
Every one of its 10 filed years ran a loss ratio above 1.0; its lowest was 2.23 in 2020 and its highest 5.90 in 2024.

Every line is computed by formula from this county’s own filed figures; nothing is estimated.

Year	Premium	Indemnity	Liability	Policies	Policies with a loss	Loss ratio
2015	$601,660	$3,123,459	$5,739,024	142	142	5.19
2016	$486,367	$1,727,525	$3,961,595	83	83	3.55
2017	$345,155	$1,213,218	$3,160,240	97	97	3.52
2018	$705,262	$2,561,561	$5,360,374	109	109	3.63
2019	$288,815	$860,768	$2,091,095	92	92	2.98
2020	$261,557	$584,097	$2,173,518	91	91	2.23
2021	$76,055	$322,689	$546,593	31	31	4.24
2022	$385,427	$1,236,451	$2,915,254	61	61	3.21
2023	$371,896	$1,071,490	$3,243,077	105	105	2.88
2024	$1,474,840	$8,695,540	$13,460,826	354	354	5.90

Commodity	Years	Low	Middle	High	Worst year	Whole span
Flue Cured Tobacco	10	1.85	3.58	5.54	2015 (6.34)	4.32
Corn	10	1.59	4.16	8.18	2021 (8.47)	6.22
Soybeans	10	1.76	2.44	3.54	2024 (4.46)	3.10

Commodity	Premium	Indemnity	Liability	Planted	Lost	Policies	With a loss
Flue Cured Tobacco	$3,078,442	$13,307,889	$22,919,906	6,922	6,923	236	236
Corn	$684,420	$4,258,875	$8,627,895	18,210	17,719	339	339
Soybeans	$1,234,172	$3,830,034	$11,103,795	35,652	33,537	590	590