Crop-loss band · Nebraska
Otoe County, Nebraska — crop-loss band
- 0.70Low end of the filed band
- 1.83Middle of the filed band
- 2.59High end of the filed band
- 2015Worst year filed (4.31)
- 10Years filed
Every year the Risk Management Agency has filed for Otoe 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 0.70 at the low end to 2.59 at the high end, with 1.83 in the middle. The worst year filed is 2015, at 4.31. 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 | $836,107 | $3,600,013 | $7,214,364 | 428 | 428 | 4.31 |
| 2016 | $349,629 | $399,417 | $3,472,371 | 153 | 149 | 1.14 |
| 2017 | $444,011 | $312,966 | $4,806,074 | 160 | 160 | 0.70 |
| 2018 | $1,698,670 | $3,823,099 | $22,099,401 | 718 | 718 | 2.25 |
| 2019 | $870,737 | $2,252,979 | $6,644,048 | 242 | 242 | 2.59 |
| 2020 | $454,210 | $734,938 | $4,617,356 | 189 | 189 | 1.62 |
| 2021 | $59,550 | $127,212 | $736,267 | 20 | 20 | 2.14 |
| 2022 | $11,401,455 | $25,129,371 | $132,137,514 | 2,265 | 2,261 | 2.20 |
| 2023 | $684,825 | $574,270 | $8,044,023 | 108 | 108 | 0.84 |
| 2024 | $2,085,369 | $3,806,443 | $24,200,917 | 609 | 609 | 1.83 |
Commodities insured in Otoe 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.
Soybeans 10 years filed
- 0.62Low end of the filed band
- 1.47Middle of the filed band
- 3.16High end of the filed band
- 2015Worst year filed (6.21)
- 10Years filed
- $9,279,137Premium filed
- $24,160,663Indemnity paid
- $118,169,935Liability insured
- 250,406Quantity planted
- 242,470Quantity lost
- 3,065Policies
- 3,062Policies with a loss
- 2.60Loss ratio, whole span
Causes that carried the indemnity in Otoe County
- Drought $14,675,178 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $3,987,271 indemnity · 10 years
- Decline in Price $1,578,471 indemnity · 8 years
- Heat $1,189,044 indemnity · 7 years
- Flood $1,062,696 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $700,265 indemnity · 2 years
Corn 10 years filed
- 0.78Low end of the filed band
- 1.67Middle of the filed band
- 2.77High end of the filed band
- 2021Worst year filed (3.29)
- 10Years filed
- $9,605,427Premium filed
- $16,600,045Indemnity paid
- $95,802,400Liability insured
- 137,354Quantity planted
- 136,075Quantity lost
- 1,827Policies
- 1,822Policies with a loss
- 1.73Loss ratio, whole span
Causes that carried the indemnity in Otoe County
- Drought $9,239,509 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $2,579,219 indemnity · 10 years
- Flood $1,861,816 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $926,208 indemnity · 3 years
- Heat $676,867 indemnity · 6 years
- Decline in Price $403,866 indemnity · 8 years
Every county-crop the agency files in Nebraska → Buy the Otoe 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.