Crop-loss band · New York
Niagara County, New York — crop-loss band
- 1.93Low end of the filed band
- 4.35Middle of the filed band
- 5.03High end of the filed band
- 2019Worst year filed (5.83)
- 10Years filed
Every year the Risk Management Agency has filed for Niagara 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 1.93 at the low end to 5.03 at the high end, with 4.35 in the middle. The worst year filed is 2019, at 5.83. 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 | $849,600 | $4,269,329 | $7,915,996 | 56 | 56 | 5.03 |
| 2016 | $735,991 | $2,733,848 | $8,238,373 | 88 | 87 | 3.71 |
| 2017 | $1,379,529 | $6,807,193 | $10,107,374 | 132 | 132 | 4.93 |
| 2018 | $276,882 | $1,290,155 | $2,407,369 | 74 | 74 | 4.66 |
| 2019 | $1,820,683 | $10,613,056 | $12,690,345 | 196 | 196 | 5.83 |
| 2020 | $672,235 | $2,558,531 | $4,267,150 | 105 | 104 | 3.81 |
| 2021 | $245,165 | $1,066,604 | $1,641,911 | 41 | 41 | 4.35 |
| 2022 | $718,976 | $3,300,685 | $4,082,879 | 99 | 99 | 4.59 |
| 2023 | $1,474,811 | $2,841,591 | $7,879,075 | 62 | 62 | 1.93 |
| 2024 | $685,181 | $2,199,244 | $3,922,652 | 75 | 75 | 3.21 |
Commodities insured in Niagara 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.
Apples 10 years filed
- 2.11Low end of the filed band
- 3.87Middle of the filed band
- 5.93High end of the filed band
- 2016Worst year filed (6.02)
- 10Years filed
- $4,277,977Premium filed
- $16,104,808Indemnity paid
- $28,657,512Liability insured
- 5,315Quantity planted
- 5,315Quantity lost
- 158Policies
- 157Policies with a loss
- 3.76Loss ratio, whole span
Causes that carried the indemnity in Niagara County
- Hail $7,677,845 indemnity · 10 years
- Freeze $3,567,062 indemnity · 9 years
- Cold Wet Weather $2,658,620 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $879,607 indemnity · 5 years
- Frost $838,594 indemnity · 5 years
- Drought $374,890 indemnity · 2 years
Corn 10 years filed
- 1.38Low end of the filed band
- 4.63Middle of the filed band
- 6.91High end of the filed band
- 2019Worst year filed (7.67)
- 10Years filed
- $2,403,180Premium filed
- $12,746,748Indemnity paid
- $20,410,001Liability insured
- 60,808Quantity planted
- 60,141Quantity lost
- 332Policies
- 332Policies with a loss
- 5.30Loss ratio, whole span
Causes that carried the indemnity in Niagara County
- Excess Moisture/Precipitation/Rain $10,630,467 indemnity · 10 years
- Drought $1,537,620 indemnity · 6 years
- Cold Wet Weather $229,948 indemnity · 4 years
- Other (Snow, Lightning, Etc.) $120,547 indemnity · 1 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $99,958 indemnity · 1 years
- Decline in Price $97,366 indemnity · 3 years
Soybeans 10 years filed
- 1.47Low end of the filed band
- 3.29Middle of the filed band
- 5.70High end of the filed band
- 2019Worst year filed (6.43)
- 10Years filed
- $1,703,051Premium filed
- $7,127,910Indemnity paid
- $11,178,692Liability insured
- 43,751Quantity planted
- 42,781Quantity lost
- 300Policies
- 299Policies with a loss
- 4.19Loss ratio, whole span
Causes that carried the indemnity in Niagara County
- Excess Moisture/Precipitation/Rain $6,020,308 indemnity · 10 years
- Drought $726,088 indemnity · 6 years
- Cold Wet Weather $233,632 indemnity · 4 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $64,198 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $47,888 indemnity · 1 years
- Decline in Price $29,733 indemnity · 5 years
Wheat 10 years filed
- 0.74Low end of the filed band
- 3.34Middle of the filed band
- 3.82High end of the filed band
- 2022Worst year filed (4.72)
- 10Years filed
- $474,845Premium filed
- $1,700,770Indemnity paid
- $2,906,919Liability insured
- 13,923Quantity planted
- 14,005Quantity lost
- 138Policies
- 138Policies with a loss
- 3.58Loss ratio, whole span
Causes that carried the indemnity in Niagara County
- Excess Moisture/Precipitation/Rain $1,546,140 indemnity · 10 years
- Cold Wet Weather $53,545 indemnity · 4 years
- Other (Snow, Lightning, Etc.) $29,974 indemnity · 1 years
- Hail $29,356 indemnity · 1 years
- Drought $19,994 indemnity · 4 years
- Decline in Price $14,448 indemnity · 2 years
Every county-crop the agency files in New York → Buy the Niagara 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.