Crop-loss band · New Jersey
Burlington County, New Jersey — crop-loss band
- 1.84Low end of the filed band
- 2.54Middle of the filed band
- 3.57High end of the filed band
- 2019Worst year filed (3.64)
- 10Years filed
Every year the Risk Management Agency has filed for Burlington 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 1.84 at the low end to 3.57 at the high end, with 2.54 in the middle. The worst year filed is 2019, at 3.64. 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 | $187,475 | $485,647 | $1,629,611 | 51 | 51 | 2.59 |
| 2016 | $208,002 | $579,720 | $1,889,894 | 66 | 66 | 2.79 |
| 2017 | $102,648 | $213,423 | $706,327 | 36 | 36 | 2.08 |
| 2018 | $272,500 | $693,014 | $2,803,488 | 89 | 89 | 2.54 |
| 2019 | $283,917 | $1,034,121 | $2,861,089 | 139 | 139 | 3.64 |
| 2020 | $49,279 | $175,732 | $477,413 | 37 | 37 | 3.57 |
| 2021 | $165,089 | $304,466 | $1,366,164 | 38 | 38 | 1.84 |
| 2022 | $741,457 | $2,102,250 | $6,570,514 | 92 | 92 | 2.84 |
| 2023 | $345,608 | $745,131 | $3,051,978 | 36 | 36 | 2.16 |
| 2024 | $540,052 | $1,188,328 | $4,590,263 | 77 | 77 | 2.20 |
Commodities insured in Burlington 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
- 1.43Low end of the filed band
- 2.50Middle of the filed band
- 3.32High end of the filed band
- 2019Worst year filed (3.64)
- 10Years filed
- $2,421,275Premium filed
- $5,923,274Indemnity paid
- $21,140,915Liability insured
- 67,384Quantity planted
- 68,654Quantity lost
- 469Policies
- 469Policies with a loss
- 2.45Loss ratio, whole span
Causes that carried the indemnity in Burlington County
- Drought $2,857,264 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $1,782,556 indemnity · 10 years
- Heat $714,968 indemnity · 8 years
- Wildlife $425,518 indemnity · 8 years
- Decline in Price $120,062 indemnity · 5 years
- Cold Wet Weather $16,987 indemnity · 3 years
Corn 10 years filed
- 2.49Low end of the filed band
- 3.41Middle of the filed band
- 6.36High end of the filed band
- 2021Worst year filed (6.88)
- 10Years filed
- $474,752Premium filed
- $1,598,558Indemnity paid
- $4,805,826Liability insured
- 10,480Quantity planted
- 10,065Quantity lost
- 192Policies
- 192Policies with a loss
- 3.37Loss ratio, whole span
Causes that carried the indemnity in Burlington County
- Drought $1,029,114 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $362,398 indemnity · 9 years
- Heat $138,359 indemnity · 5 years
- Wildlife $55,200 indemnity · 7 years
- All Other Causes $7,039 indemnity · 2 years
- Decline in Price $5,432 indemnity · 3 years
Every county-crop the agency files in New Jersey → Buy the Burlington 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.