Crop-loss band · Nebraska
Franklin County, Nebraska — crop-loss band
- 1.28Low end of the filed band
- 2.31Middle of the filed band
- 3.31High end of the filed band
- 2019Worst year filed (4.26)
- 10Years filed
Every year the Risk Management Agency has filed for Franklin 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 1.28 at the low end to 3.31 at the high end, with 2.31 in the middle. The worst year filed is 2019, at 4.26. 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 | $1,147,926 | $3,145,869 | $9,234,795 | 646 | 646 | 2.74 |
| 2016 | $513,785 | $795,675 | $4,553,889 | 233 | 232 | 1.55 |
| 2017 | $582,395 | $1,168,216 | $7,671,611 | 230 | 230 | 2.01 |
| 2018 | $328,217 | $548,086 | $3,118,774 | 151 | 151 | 1.67 |
| 2019 | $754,320 | $3,210,071 | $12,881,740 | 256 | 255 | 4.26 |
| 2020 | $1,009,183 | $3,340,999 | $10,992,803 | 265 | 265 | 3.31 |
| 2021 | $224,762 | $287,206 | $1,668,096 | 59 | 59 | 1.28 |
| 2022 | $5,665,726 | $13,079,329 | $38,666,600 | 740 | 740 | 2.31 |
| 2023 | $5,799,217 | $18,881,782 | $47,736,519 | 856 | 856 | 3.26 |
| 2024 | $1,655,880 | $4,048,576 | $18,947,945 | 373 | 373 | 2.45 |
Commodities insured in Franklin 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.
Corn 10 years filed
- 0.86Low end of the filed band
- 2.19Middle of the filed band
- 3.34High end of the filed band
- 2019Worst year filed (3.62)
- 10Years filed
- $10,677,978Premium filed
- $29,615,136Indemnity paid
- $92,903,655Liability insured
- 145,482Quantity planted
- 146,548Quantity lost
- 1,668Policies
- 1,668Policies with a loss
- 2.77Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Drought $11,946,293 indemnity · 9 years
- Hail $11,618,773 indemnity · 10 years
- Heat $2,174,381 indemnity · 8 years
- Wind/Excess Wind $2,023,827 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $683,218 indemnity · 9 years
- Decline in Price $424,560 indemnity · 7 years
Soybeans 10 years filed
- 0.81Low end of the filed band
- 2.02Middle of the filed band
- 4.42High end of the filed band
- 2019Worst year filed (5.53)
- 10Years filed
- $5,224,333Premium filed
- $14,776,251Indemnity paid
- $52,486,425Liability insured
- 101,809Quantity planted
- 101,942Quantity lost
- 1,410Policies
- 1,408Policies with a loss
- 2.83Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Hail $6,500,420 indemnity · 10 years
- Drought $5,791,580 indemnity · 9 years
- Heat $1,350,692 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $378,070 indemnity · 10 years
- Freeze $216,608 indemnity · 2 years
- Decline in Price $142,495 indemnity · 9 years
Wheat 10 years filed
- 1.03Low end of the filed band
- 2.00Middle of the filed band
- 4.15High end of the filed band
- 2015Worst year filed (5.32)
- 10Years filed
- $674,697Premium filed
- $2,284,064Indemnity paid
- $4,786,237Liability insured
- 22,632Quantity planted
- 22,648Quantity lost
- 459Policies
- 459Policies with a loss
- 3.39Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Drought $1,000,533 indemnity · 9 years
- Cold Winter $726,121 indemnity · 7 years
- Hail $319,629 indemnity · 9 years
- Freeze $71,350 indemnity · 4 years
- Cold Wet Weather $62,458 indemnity · 4 years
- Frost $28,724 indemnity · 3 years
Pasture,Rangeland,Forage 10 years filed
- 0.86Low end of the filed band
- 1.54Middle of the filed band
- 2.15High end of the filed band
- 2024Worst year filed (2.40)
- 10Years filed
- $1,104,403Premium filed
- $1,830,358Indemnity paid
- $5,296,455Liability insured
- 111,377Quantity planted
- 0Quantity lost
- 272Policies
- 272Policies with a loss
- 1.66Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- ARPI/SCO/STAX Crops Only $1,830,358 indemnity · 10 years
Every county-crop the agency files in Nebraska → Buy the Franklin 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.