Crop-loss band · New Mexico
Eddy County, New Mexico — crop-loss band
- 1.23Low end of the filed band
- 1.80Middle of the filed band
- 2.10High end of the filed band
- 2020Worst year filed (2.89)
- 10Years filed
Every year the Risk Management Agency has filed for Eddy County is in the series below, from 2016 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.23 at the low end to 2.10 at the high end, with 1.80 in the middle. The worst year filed is 2020, at 2.89. 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 | $181,125 | $380,602 | $2,411,650 | 3 | 3 | 2.10 |
| 2016 | $515,589 | $633,085 | $1,770,298 | 43 | 43 | 1.23 |
| 2017 | $936,542 | $1,361,713 | $3,276,867 | 63 | 63 | 1.45 |
| 2018 | $2,154,222 | $4,118,208 | $11,295,875 | 124 | 124 | 1.91 |
| 2019 | $1,657,437 | $2,990,962 | $6,806,421 | 135 | 135 | 1.80 |
| 2020 | $3,588,493 | $10,382,129 | $19,762,355 | 340 | 340 | 2.89 |
| 2021 | $2,233,403 | $4,170,938 | $7,207,234 | 257 | 257 | 1.87 |
| 2022 | $4,056,818 | $7,309,819 | $17,829,366 | 396 | 396 | 1.80 |
| 2023 | $4,512,356 | $8,854,506 | $15,835,527 | 579 | 579 | 1.96 |
| 2024 | $4,965,494 | $8,631,268 | $19,801,588 | 611 | 611 | 1.74 |
Commodities insured in Eddy 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.
Pasture,Rangeland,Forage 9 years filed
- 1.23Low end of the filed band
- 1.80Middle of the filed band
- 2.69High end of the filed band
- 2020Worst year filed (2.69)
- 9Years filed
- $20,011,574Premium filed
- $38,003,265Indemnity paid
- $69,698,839Liability insured
- 6,696,120Quantity planted
- 0Quantity lost
- 2,232Policies
- 2,232Policies with a loss
- 1.90Loss ratio, whole span
Causes that carried the indemnity in Eddy County
- ARPI/SCO/STAX/MP Crops Only $38,003,265 indemnity · 9 years
Pecans 9 years filed
- 1.05Low end of the filed band
- 2.20Middle of the filed band
- 3.78High end of the filed band
- 2023Worst year filed (3.78)
- 9Years filed
- $3,531,834Premium filed
- $8,152,127Indemnity paid
- $32,340,475Liability insured
- 93,538Quantity planted
- 30,284Quantity lost
- 53Policies
- 53Policies with a loss
- 2.31Loss ratio, whole span
Causes that carried the indemnity in Eddy County
- Freeze $4,628,271 indemnity · 5 years
- Decline in Price $2,135,991 indemnity · 2 years
- Hail $810,519 indemnity · 6 years
- Heat $408,785 indemnity · 2 years
- Hot Wind $100,527 indemnity · 3 years
- Wind/Excess Wind $58,823 indemnity · 3 years
Annual Forage 5 years filed
- 1.70Low end of the filed band
- 2.25Middle of the filed band
- 2.51High end of the filed band
- 2020Worst year filed (2.51)
- 5Years filed
- $1,258,071Premium filed
- $2,677,838Indemnity paid
- $3,957,867Liability insured
- 23,829Quantity planted
- 0Quantity lost
- 266Policies
- 266Policies with a loss
- 2.13Loss ratio, whole span
Causes that carried the indemnity in Eddy County
- ARPI/SCO/STAX/MP/HIP WI Crops Only $2,677,838 indemnity · 5 years
Every county-crop the agency files in New Mexico → Buy the Eddy 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.