Crop-loss band · New Mexico
Otero County, New Mexico — crop-loss band
- 1.42Low end of the filed band
- 1.67Middle of the filed band
- 1.86High end of the filed band
- 2020Worst year filed (2.23)
- 10Years filed
Every year the Risk Management Agency has filed for Otero County is in the series below, from 2018 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.42 at the low end to 1.86 at the high end, with 1.67 in the middle. The worst year filed is 2020, at 2.23. 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 | $295,607 | $528,945 | $1,325,197 | 9 | 9 | 1.79 |
| 2016 | $630,069 | $959,695 | $2,359,446 | 51 | 51 | 1.52 |
| 2017 | $944,253 | $1,422,617 | $3,214,493 | 78 | 78 | 1.51 |
| 2018 | $1,472,331 | $2,739,063 | $5,717,171 | 91 | 91 | 1.86 |
| 2019 | $1,522,602 | $2,831,392 | $6,303,287 | 85 | 85 | 1.86 |
| 2020 | $1,721,367 | $3,831,546 | $7,026,714 | 197 | 197 | 2.23 |
| 2021 | $2,016,675 | $3,673,436 | $7,077,624 | 154 | 154 | 1.82 |
| 2022 | $2,503,115 | $4,179,519 | $8,410,158 | 187 | 187 | 1.67 |
| 2023 | $3,545,419 | $5,157,472 | $13,322,726 | 320 | 320 | 1.45 |
| 2024 | $2,937,419 | $4,170,896 | $11,357,241 | 278 | 278 | 1.42 |
Commodities insured in Otero 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.
Pasture,Rangeland,Forage 7 years filed
- 1.40Low end of the filed band
- 1.81Middle of the filed band
- 2.23High end of the filed band
- 2020Worst year filed (2.23)
- 7Years filed
- $15,651,780Premium filed
- $26,374,844Indemnity paid
- $58,783,795Liability insured
- 5,618,227Quantity planted
- 0Quantity lost
- 1,301Policies
- 1,301Policies with a loss
- 1.69Loss ratio, whole span
Causes that carried the indemnity in Otero County
- ARPI/SCO/STAX/MP Crops Only $26,374,844 indemnity · 7 years
All Other Crops 7 years filed
- 0.95Low end of the filed band
- 1.79Middle of the filed band
- 14.65High end of the filed band
- 2019Worst year filed (14.65)
- 7Years filed
- $1,937,077Premium filed
- $3,119,737Indemnity paid
- $7,330,262Liability insured
- 639,739Quantity planted
- 288Quantity lost
- 149Policies
- 149Policies with a loss
- 1.61Loss ratio, whole span
Causes that carried the indemnity in Otero County
- ARPI/SCO/STAX Crops Only $2,940,690 indemnity · 5 years
- Hail $98,083 indemnity · 3 years
- Hot Wind $80,964 indemnity · 1 years
Every county-crop the agency files in New Mexico → Buy the Otero 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.