Crop-loss band · Nebraska
Richardson County, Nebraska — crop-loss band
- 0.93Low end of the filed band
- 1.91Middle of the filed band
- 3.65High end of the filed band
- 2015Worst year filed (3.88)
- 10Years filed
Every year the Risk Management Agency has filed for Richardson 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 0.93 at the low end to 3.65 at the high end, with 1.91 in the middle. The worst year filed is 2015, at 3.88. 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 | $987,474 | $3,834,570 | $10,647,718 | 469 | 469 | 3.88 |
| 2016 | $411,692 | $454,171 | $3,553,644 | 133 | 133 | 1.10 |
| 2017 | $1,404,708 | $2,010,551 | $14,692,279 | 355 | 355 | 1.43 |
| 2018 | $1,795,149 | $4,083,968 | $22,260,576 | 582 | 582 | 2.28 |
| 2019 | $1,354,913 | $4,944,537 | $13,055,464 | 403 | 403 | 3.65 |
| 2020 | $212,236 | $486,129 | $2,470,930 | 110 | 110 | 2.29 |
| 2021 | $263,284 | $441,643 | $3,248,172 | 104 | 104 | 1.68 |
| 2022 | $1,809,257 | $3,920,834 | $21,584,989 | 370 | 370 | 2.17 |
| 2023 | $566,939 | $527,296 | $6,526,252 | 133 | 133 | 0.93 |
| 2024 | $1,394,059 | $2,655,631 | $16,929,466 | 415 | 415 | 1.91 |
Commodities insured in Richardson County
3 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
- 0.82Low end of the filed band
- 1.45Middle of the filed band
- 3.34High end of the filed band
- 2015Worst year filed (4.07)
- 10Years filed
- $5,340,531Premium filed
- $11,604,698Indemnity paid
- $52,480,641Liability insured
- 100,508Quantity planted
- 95,820Quantity lost
- 1,243Policies
- 1,243Policies with a loss
- 2.17Loss ratio, whole span
Causes that carried the indemnity in Richardson County
- Excess Moisture/Precipitation/Rain $4,700,910 indemnity · 10 years
- Drought $3,995,743 indemnity · 10 years
- Flood $1,109,189 indemnity · 8 years
- Decline in Price $715,331 indemnity · 7 years
- Wind/Excess Wind $410,373 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $146,149 indemnity · 2 years
Soybeans 10 years filed
- 1.40Low end of the filed band
- 1.99Middle of the filed band
- 3.83High end of the filed band
- 2019Worst year filed (5.11)
- 10Years filed
- $4,564,337Premium filed
- $11,239,358Indemnity paid
- $60,838,264Liability insured
- 138,780Quantity planted
- 134,714Quantity lost
- 1,571Policies
- 1,571Policies with a loss
- 2.46Loss ratio, whole span
Causes that carried the indemnity in Richardson County
- Drought $5,043,547 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $3,218,354 indemnity · 10 years
- Decline in Price $1,305,587 indemnity · 8 years
- Flood $724,719 indemnity · 8 years
- Hail $294,734 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $260,608 indemnity · 2 years
Pasture,Rangeland,Forage 9 years filed
- 1.28Low end of the filed band
- 1.70Middle of the filed band
- 3.08High end of the filed band
- 2017Worst year filed (3.08)
- 9Years filed
- $294,844Premium filed
- $515,274Indemnity paid
- $1,650,585Liability insured
- 20,929Quantity planted
- 0Quantity lost
- 260Policies
- 260Policies with a loss
- 1.75Loss ratio, whole span
Causes that carried the indemnity in Richardson County
- ARPI/SCO/STAX/MP Crops Only $515,274 indemnity · 9 years
Every county-crop the agency files in Nebraska → Buy the Richardson 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.