Crop-loss band · New Jersey
Gloucester County, New Jersey — crop-loss band
- 1.31Low end of the filed band
- 2.39Middle of the filed band
- 3.32High end of the filed band
- 2020Worst year filed (3.34)
- 10Years filed
Every year the Risk Management Agency has filed for Gloucester 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 1.31 at the low end to 3.32 at the high end, with 2.39 in the middle. The worst year filed is 2020, at 3.34. 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 | $276,745 | $917,523 | $2,323,656 | 70 | 70 | 3.32 |
| 2016 | $338,358 | $1,017,511 | $2,586,033 | 92 | 92 | 3.01 |
| 2017 | $23,059 | $30,242 | $129,723 | 9 | 9 | 1.31 |
| 2018 | $359,937 | $859,266 | $3,069,297 | 103 | 103 | 2.39 |
| 2019 | $226,804 | $571,640 | $1,922,481 | 68 | 68 | 2.52 |
| 2020 | $100,177 | $334,754 | $688,704 | 31 | 31 | 3.34 |
| 2021 | $101,224 | $138,801 | $642,038 | 10 | 10 | 1.37 |
| 2022 | $502,972 | $1,512,174 | $3,691,736 | 70 | 70 | 3.01 |
| 2023 | $504,746 | $770,314 | $3,770,570 | 51 | 51 | 1.53 |
| 2024 | $318,322 | $722,435 | $2,310,425 | 68 | 68 | 2.27 |
Commodities insured in Gloucester 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.
Soybeans 10 years filed
- 0.27Low end of the filed band
- 1.84Middle of the filed band
- 2.87High end of the filed band
- 2015Worst year filed (3.62)
- 10Years filed
- $1,577,489Premium filed
- $3,381,270Indemnity paid
- $12,370,491Liability insured
- 40,814Quantity planted
- 40,157Quantity lost
- 304Policies
- 304Policies with a loss
- 2.14Loss ratio, whole span
Causes that carried the indemnity in Gloucester County
- Drought $2,628,430 indemnity · 9 years
- Heat $331,352 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $200,050 indemnity · 5 years
- Decline in Price $93,197 indemnity · 7 years
- Wildlife $66,124 indemnity · 7 years
- All Other Causes $43,268 indemnity · 3 years
Corn 10 years filed
- 1.69Low end of the filed band
- 2.55Middle of the filed band
- 4.12High end of the filed band
- 2022Worst year filed (4.24)
- 10Years filed
- $920,985Premium filed
- $2,697,610Indemnity paid
- $6,832,462Liability insured
- 16,857Quantity planted
- 16,054Quantity lost
- 223Policies
- 223Policies with a loss
- 2.93Loss ratio, whole span
Causes that carried the indemnity in Gloucester County
- Drought $1,582,381 indemnity · 9 years
- Heat $584,649 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $307,685 indemnity · 6 years
- Tornado $98,888 indemnity · 1 years
- Cold Wet Weather $66,422 indemnity · 1 years
- Decline in Price $25,391 indemnity · 7 years
Peaches 8 years filed
- 0.55Low end of the filed band
- 1.81Middle of the filed band
- 4.53High end of the filed band
- 2020Worst year filed (4.53)
- 8Years filed
- $253,870Premium filed
- $795,780Indemnity paid
- $1,931,710Liability insured
- 1,017Quantity planted
- 1,225Quantity lost
- 45Policies
- 45Policies with a loss
- 3.13Loss ratio, whole span
Causes that carried the indemnity in Gloucester County
- Freeze $340,831 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $305,390 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $53,286 indemnity · 2 years
- Hurricane/Tropical Depression $24,695 indemnity · 1 years
- Drought $23,368 indemnity · 3 years
- Frost $19,059 indemnity · 3 years
Every county-crop the agency files in New Jersey → Buy the Gloucester 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.