Crop-loss band · New Mexico
Luna County, New Mexico — crop-loss band
- 1.06Low end of the filed band
- 2.35Middle of the filed band
- 2.98High end of the filed band
- 2020Worst year filed (4.43)
- 10Years filed
Every year the Risk Management Agency has filed for Luna 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 1.06 at the low end to 2.98 at the high end, with 2.35 in the middle. The worst year filed is 2020, at 4.43. 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 | $44,637 | $47,223 | $187,110 | 3 | 3 | 1.06 |
| 2016 | $452,516 | $761,611 | $2,324,248 | 64 | 64 | 1.68 |
| 2017 | $909,091 | $2,135,550 | $4,016,369 | 86 | 86 | 2.35 |
| 2018 | $1,021,221 | $2,505,757 | $5,869,804 | 101 | 101 | 2.45 |
| 2019 | $563,489 | $1,681,723 | $4,037,484 | 78 | 77 | 2.98 |
| 2020 | $1,166,784 | $5,174,043 | $8,831,530 | 180 | 180 | 4.43 |
| 2021 | $1,660,734 | $3,702,060 | $7,148,321 | 174 | 174 | 2.23 |
| 2022 | $1,476,645 | $4,077,902 | $9,375,055 | 147 | 147 | 2.76 |
| 2023 | $1,897,528 | $5,445,641 | $12,657,832 | 197 | 197 | 2.87 |
| 2024 | $1,721,195 | $3,803,186 | $8,485,937 | 199 | 199 | 2.21 |
Commodities insured in Luna County
4 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 10 years filed
- 1.06Low end of the filed band
- 1.55Middle of the filed band
- 1.83High end of the filed band
- 2020Worst year filed (2.37)
- 10Years filed
- $8,902,720Premium filed
- $14,571,180Indemnity paid
- $30,409,878Liability insured
- 4,110,156Quantity planted
- 0Quantity lost
- 1,146Policies
- 1,146Policies with a loss
- 1.64Loss ratio, whole span
Causes that carried the indemnity in Luna County
- ARPI/SCO/STAX Crops Only $14,571,180 indemnity · 10 years
Cotton 8 years filed
- 2.98Low end of the filed band
- 5.49Middle of the filed band
- 8.91High end of the filed band
- 2017Worst year filed (8.91)
- 8Years filed
- $1,216,024Premium filed
- $6,250,594Indemnity paid
- $9,841,177Liability insured
- 9,991Quantity planted
- 10,228Quantity lost
- 27Policies
- 26Policies with a loss
- 5.14Loss ratio, whole span
Causes that carried the indemnity in Luna County
- Wind/Excess Wind $2,527,757 indemnity · 4 years
- Hot Wind $1,237,918 indemnity · 4 years
- Heat $817,401 indemnity · 2 years
- Hail $659,392 indemnity · 1 years
- Cold Wet Weather $552,245 indemnity · 2 years
- Freeze $405,110 indemnity · 1 years
Pecans 9 years filed
- 5.50Low end of the filed band
- 8.76Middle of the filed band
- 44.86High end of the filed band
- 2020Worst year filed (44.86)
- 9Years filed
- $281,256Premium filed
- $5,817,333Indemnity paid
- $17,656,070Liability insured
- 27,593Quantity planted
- 5,345Quantity lost
- 31Policies
- 31Policies with a loss
- 20.68Loss ratio, whole span
Causes that carried the indemnity in Luna County
- Freeze $3,465,249 indemnity · 4 years
- Heat $1,315,554 indemnity · 4 years
- Decline in Price $551,045 indemnity · 3 years
- Hot Wind $301,595 indemnity · 1 years
- Hail $183,890 indemnity · 4 years
Cotton Ex Long Staple 6 years filed
- 2.38Low end of the filed band
- 6.20Middle of the filed band
- 10.23High end of the filed band
- 2019Worst year filed (10.23)
- 6Years filed
- $513,840Premium filed
- $2,695,589Indemnity paid
- $5,026,565Liability insured
- 4,142Quantity planted
- 4,183Quantity lost
- 25Policies
- 25Policies with a loss
- 5.25Loss ratio, whole span
Causes that carried the indemnity in Luna County
- Hot Wind $931,891 indemnity · 3 years
- Heat $887,379 indemnity · 2 years
- Cold Wet Weather $276,327 indemnity · 2 years
- Freeze $259,037 indemnity · 2 years
- Hail $195,582 indemnity · 1 years
- Wind/Excess Wind $145,374 indemnity · 2 years
Every county-crop the agency files in New Mexico → Buy the Luna 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.