Crop-loss band · New York
Otsego County, New York — crop-loss band
- 1.22Low end of the filed band
- 1.60Middle of the filed band
- 3.49High end of the filed band
- 2015Worst year filed (4.03)
- 10Years filed
Every year the Risk Management Agency has filed for Otsego 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 1.22 at the low end to 3.49 at the high end, with 1.60 in the middle. The worst year filed is 2015, at 4.03. 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 | $17,406 | $70,069 | $103,909 | 8 | 8 | 4.03 |
| 2016 | $6,950 | $10,533 | $60,254 | 5 | 5 | 1.52 |
| 2017 | $104,073 | $315,026 | $1,007,372 | 29 | 29 | 3.03 |
| 2018 | $51,837 | $83,859 | $603,143 | 16 | 16 | 1.62 |
| 2019 | $45,058 | $157,095 | $430,737 | 17 | 17 | 3.49 |
| 2020 | $16,333 | $48,733 | $160,281 | 6 | 6 | 2.98 |
| 2021 | $51,086 | $81,901 | $461,823 | 12 | 12 | 1.60 |
| 2022 | $88,772 | $120,859 | $841,666 | 9 | 9 | 1.36 |
| 2023 | $191,036 | $232,247 | $1,818,966 | 13 | 13 | 1.22 |
| 2024 | $90,261 | $137,354 | $824,986 | 18 | 18 | 1.52 |
Commodities insured in Otsego 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.
Corn 6 years filed
- 1.03Low end of the filed band
- 1.64Middle of the filed band
- 4.03High end of the filed band
- 2015Worst year filed (4.03)
- 6Years filed
- $306,013Premium filed
- $745,987Indemnity paid
- $2,968,959Liability insured
- 6,366Quantity planted
- 6,366Quantity lost
- 76Policies
- 76Policies with a loss
- 2.44Loss ratio, whole span
Causes that carried the indemnity in Otsego County
- Excess Moisture/Precipitation/Rain $579,555 indemnity · 5 years
- Drought $113,125 indemnity · 3 years
- Decline in Price $41,142 indemnity · 2 years
- All Other Causes $6,873 indemnity · 1 years
- Hail $4,019 indemnity · 1 years
- Cold Wet Weather $731 indemnity · 1 years
All Other Crops 8 years filed
- 0.61Low end of the filed band
- 1.42Middle of the filed band
- 2.98High end of the filed band
- 2020Worst year filed (2.98)
- 8Years filed
- $356,799Premium filed
- $511,689Indemnity paid
- $3,344,178Liability insured
- 6,490Quantity planted
- 5,297Quantity lost
- 57Policies
- 57Policies with a loss
- 1.43Loss ratio, whole span
Causes that carried the indemnity in Otsego County
- Excess Moisture/Precipitation/Rain $352,096 indemnity · 3 years
- Decline in Price $77,209 indemnity · 1 years
- Drought $42,928 indemnity · 3 years
- ARPI/SCO/STAX/MP Crops Only $22,845 indemnity · 7 years
- Other (Snow, Lightning, Etc.) $7,571 indemnity · 1 years
- Insects $5,333 indemnity · 2 years
Every county-crop the agency files in New York → Buy the Otsego 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.