Crop-loss band · New Jersey
Cumberland County, New Jersey — crop-loss band
- 1.33Low end of the filed band
- 1.86Middle of the filed band
- 2.01High end of the filed band
- 2022Worst year filed (4.09)
- 10Years filed
Every year the Risk Management Agency has filed for Cumberland 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 1.33 at the low end to 2.01 at the high end, with 1.86 in the middle. The worst year filed is 2022, at 4.09. 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 | $185,255 | $345,058 | $909,730 | 29 | 29 | 1.86 |
| 2016 | $134,310 | $197,731 | $542,023 | 23 | 21 | 1.47 |
| 2017 | $49,566 | $98,979 | $272,546 | 4 | 4 | 2.00 |
| 2018 | $165,058 | $311,200 | $997,647 | 39 | 39 | 1.89 |
| 2019 | $149,021 | $288,229 | $855,018 | 36 | 36 | 1.93 |
| 2020 | $51,439 | $86,215 | $373,993 | 11 | 11 | 1.68 |
| 2021 | $71,133 | $94,719 | $444,206 | 13 | 13 | 1.33 |
| 2022 | $507,167 | $2,072,444 | $3,159,866 | 57 | 57 | 4.09 |
| 2023 | $176,143 | $289,538 | $1,081,848 | 17 | 17 | 1.64 |
| 2024 | $404,671 | $813,032 | $2,289,431 | 54 | 54 | 2.01 |
Commodities insured in Cumberland 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
- 0.71Low end of the filed band
- 1.49Middle of the filed band
- 2.58High end of the filed band
- 2022Worst year filed (5.10)
- 10Years filed
- $1,009,862Premium filed
- $2,751,822Indemnity paid
- $5,998,597Liability insured
- 14,428Quantity planted
- 14,431Quantity lost
- 81Policies
- 79Policies with a loss
- 2.72Loss ratio, whole span
Causes that carried the indemnity in Cumberland County
- Drought $1,762,390 indemnity · 9 years
- Heat $596,265 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $285,271 indemnity · 6 years
- Decline in Price $66,424 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $21,670 indemnity · 1 years
- Wildlife $16,939 indemnity · 4 years
Soybeans 10 years filed
- 1.35Low end of the filed band
- 1.78Middle of the filed band
- 2.34High end of the filed band
- 2019Worst year filed (2.70)
- 10Years filed
- $883,901Premium filed
- $1,845,323Indemnity paid
- $4,927,711Liability insured
- 17,476Quantity planted
- 17,664Quantity lost
- 202Policies
- 202Policies with a loss
- 2.09Loss ratio, whole span
Causes that carried the indemnity in Cumberland County
- Drought $1,281,536 indemnity · 9 years
- Heat $235,753 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $207,960 indemnity · 8 years
- Wildlife $60,076 indemnity · 7 years
- Decline in Price $51,348 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $3,549 indemnity · 2 years
Every county-crop the agency files in New Jersey → Buy the Cumberland 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.