Crop-loss band · Nebraska
Phelps County, Nebraska — crop-loss band
- 0.97Low end of the filed band
- 1.98Middle of the filed band
- 5.39High end of the filed band
- 2018Worst year filed (6.81)
- 10Years filed
Every year the Risk Management Agency has filed for Phelps 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 0.97 at the low end to 5.39 at the high end, with 1.98 in the middle. The worst year filed is 2018, at 6.81. 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 | $124,459 | $126,436 | $1,247,471 | 81 | 81 | 1.02 |
| 2016 | $1,166,527 | $2,425,523 | $19,560,172 | 276 | 276 | 2.08 |
| 2017 | $445,904 | $697,973 | $6,383,625 | 126 | 126 | 1.57 |
| 2018 | $673,468 | $4,587,462 | $10,822,988 | 194 | 194 | 6.81 |
| 2019 | $689,756 | $2,579,371 | $10,863,868 | 178 | 178 | 3.74 |
| 2020 | $371,522 | $495,143 | $4,299,629 | 131 | 131 | 1.33 |
| 2021 | $133,287 | $129,602 | $1,881,746 | 19 | 19 | 0.97 |
| 2022 | $2,303,720 | $4,559,491 | $21,488,010 | 504 | 504 | 1.98 |
| 2023 | $2,782,062 | $5,545,669 | $32,032,743 | 579 | 579 | 1.99 |
| 2024 | $4,931,746 | $26,586,660 | $81,718,059 | 687 | 687 | 5.39 |
Commodities insured in Phelps 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.
Corn 10 years filed
- 1.24Low end of the filed band
- 1.84Middle of the filed band
- 5.34High end of the filed band
- 2018Worst year filed (6.65)
- 10Years filed
- $9,965,382Premium filed
- $35,095,966Indemnity paid
- $138,521,109Liability insured
- 171,645Quantity planted
- 170,128Quantity lost
- 1,616Policies
- 1,616Policies with a loss
- 3.52Loss ratio, whole span
Causes that carried the indemnity in Phelps County
- Hail $25,420,807 indemnity · 9 years
- Wind/Excess Wind $2,543,218 indemnity · 9 years
- Drought $2,390,336 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $1,367,279 indemnity · 9 years
- Heat $1,037,401 indemnity · 6 years
- Decline in Price $1,016,213 indemnity · 7 years
Soybeans 10 years filed
- 0.60Low end of the filed band
- 1.98Middle of the filed band
- 5.74High end of the filed band
- 2018Worst year filed (7.00)
- 10Years filed
- $3,657,069Premium filed
- $12,637,364Indemnity paid
- $51,777,202Liability insured
- 85,484Quantity planted
- 85,862Quantity lost
- 1,159Policies
- 1,159Policies with a loss
- 3.46Loss ratio, whole span
Causes that carried the indemnity in Phelps County
- Hail $9,165,331 indemnity · 10 years
- Drought $1,338,999 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $674,464 indemnity · 10 years
- Heat $592,689 indemnity · 7 years
- Decline in Price $213,808 indemnity · 8 years
- Flood $142,718 indemnity · 2 years
Every county-crop the agency files in Nebraska → Buy the Phelps 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.