Crop-loss band · Nebraska
Polk County, Nebraska — crop-loss band
- 1.79Low end of the filed band
- 2.31Middle of the filed band
- 4.41High end of the filed band
- 2019Worst year filed (4.75)
- 10Years filed
Every year the Risk Management Agency has filed for Polk 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 1.79 at the low end to 4.41 at the high end, with 2.31 in the middle. The worst year filed is 2019, at 4.75. 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 | $153,491 | $274,911 | $1,931,748 | 42 | 42 | 1.79 |
| 2016 | $373,086 | $822,691 | $5,876,400 | 126 | 124 | 2.21 |
| 2017 | $408,998 | $823,233 | $6,539,989 | 180 | 180 | 2.01 |
| 2018 | $168,770 | $389,919 | $2,932,122 | 88 | 88 | 2.31 |
| 2019 | $351,637 | $1,668,920 | $6,441,909 | 206 | 206 | 4.75 |
| 2020 | $258,667 | $1,073,926 | $5,110,872 | 135 | 134 | 4.15 |
| 2021 | $176,688 | $652,029 | $2,802,641 | 62 | 62 | 3.69 |
| 2022 | $1,917,160 | $4,196,937 | $23,828,642 | 510 | 510 | 2.19 |
| 2023 | $4,371,638 | $19,284,225 | $69,845,898 | 1,194 | 1,194 | 4.41 |
| 2024 | $953,151 | $2,803,211 | $15,385,675 | 295 | 295 | 2.94 |
Commodities insured in Polk 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
- 1.32Low end of the filed band
- 2.96Middle of the filed band
- 4.69High end of the filed band
- 2019Worst year filed (4.75)
- 10Years filed
- $5,977,148Premium filed
- $19,609,083Indemnity paid
- $87,353,129Liability insured
- 106,063Quantity planted
- 109,011Quantity lost
- 1,549Policies
- 1,548Policies with a loss
- 3.28Loss ratio, whole span
Causes that carried the indemnity in Polk County
- Drought $6,367,647 indemnity · 7 years
- Heat $2,958,772 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $2,857,504 indemnity · 10 years
- Wind/Excess Wind $2,711,674 indemnity · 9 years
- Hail $2,043,167 indemnity · 9 years
- Decline in Price $1,173,996 indemnity · 8 years
Soybeans 10 years filed
- 0.94Low end of the filed band
- 2.89Middle of the filed band
- 4.73High end of the filed band
- 2023Worst year filed (5.59)
- 10Years filed
- $3,156,139Premium filed
- $12,380,919Indemnity paid
- $53,342,767Liability insured
- 83,766Quantity planted
- 85,514Quantity lost
- 1,289Policies
- 1,287Policies with a loss
- 3.92Loss ratio, whole span
Causes that carried the indemnity in Polk County
- Drought $4,946,584 indemnity · 8 years
- Heat $3,226,820 indemnity · 6 years
- Hail $1,558,030 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $1,191,548 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $468,655 indemnity · 3 years
- Decline in Price $372,517 indemnity · 6 years
Every county-crop the agency files in Nebraska → Buy the Polk 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.