Crop-loss band · Oklahoma
Beaver County, Oklahoma — crop-loss band
- 1.33Low end of the filed band
- 1.76Middle of the filed band
- 2.81High end of the filed band
- 2019Worst year filed (4.72)
- 10Years filed
Every year the Risk Management Agency has filed for Beaver 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 1.33 at the low end to 2.81 at the high end, with 1.76 in the middle. The worst year filed is 2019, at 4.72. 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 | $1,581,974 | $2,096,973 | $5,288,176 | 656 | 656 | 1.33 |
| 2016 | $485,337 | $765,891 | $2,407,921 | 300 | 300 | 1.58 |
| 2017 | $976,121 | $2,746,520 | $5,814,708 | 478 | 478 | 2.81 |
| 2018 | $1,312,891 | $2,309,593 | $5,195,995 | 607 | 607 | 1.76 |
| 2019 | $578,343 | $2,732,526 | $3,862,846 | 189 | 189 | 4.72 |
| 2020 | $1,224,581 | $2,147,029 | $5,297,321 | 613 | 613 | 1.75 |
| 2021 | $1,808,133 | $3,022,328 | $7,721,332 | 624 | 624 | 1.67 |
| 2022 | $6,211,707 | $14,005,245 | $26,735,748 | 1,574 | 1,574 | 2.25 |
| 2023 | $10,077,273 | $25,422,237 | $37,789,372 | 1,354 | 1,354 | 2.52 |
| 2024 | $4,814,312 | $8,965,025 | $18,616,346 | 1,028 | 1,028 | 1.86 |
Commodities insured in Beaver County
6 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.
Wheat 10 years filed
- 1.12Low end of the filed band
- 1.73Middle of the filed band
- 2.75High end of the filed band
- 2023Worst year filed (3.15)
- 10Years filed
- $9,514,371Premium filed
- $23,162,325Indemnity paid
- $34,222,880Liability insured
- 261,980Quantity planted
- 263,687Quantity lost
- 2,722Policies
- 2,722Policies with a loss
- 2.43Loss ratio, whole span
Causes that carried the indemnity in Beaver County
- Drought $17,101,632 indemnity · 10 years
- Hail $1,324,004 indemnity · 8 years
- Wind/Excess Wind $1,323,754 indemnity · 6 years
- XX $1,028,238 indemnity · 7 years
- Hot Wind $618,636 indemnity · 5 years
- ARPI/SCO/STAX Crops Only $482,692 indemnity · 4 years
Pasture,Rangeland,Forage 10 years filed
- 0.68Low end of the filed band
- 1.72Middle of the filed band
- 1.85High end of the filed band
- 2023Worst year filed (2.13)
- 10Years filed
- $7,091,130Premium filed
- $12,399,605Indemnity paid
- $29,543,065Liability insured
- 783,855Quantity planted
- 0Quantity lost
- 2,949Policies
- 2,949Policies with a loss
- 1.75Loss ratio, whole span
Causes that carried the indemnity in Beaver County
- ARPI/SCO/STAX Crops Only $12,399,605 indemnity · 10 years
Annual Forage 9 years filed
- 0.28Low end of the filed band
- 1.68Middle of the filed band
- 2.46High end of the filed band
- 2018Worst year filed (2.46)
- 9Years filed
- $5,713,997Premium filed
- $11,565,709Indemnity paid
- $21,304,143Liability insured
- 112,647Quantity planted
- 0Quantity lost
- 536Policies
- 536Policies with a loss
- 2.02Loss ratio, whole span
Causes that carried the indemnity in Beaver County
- ARPI/SCO/STAX Crops Only $11,565,709 indemnity · 9 years
Grain Sorghum 10 years filed
- 0.91Low end of the filed band
- 1.39Middle of the filed band
- 1.72High end of the filed band
- 2022Worst year filed (2.15)
- 10Years filed
- $4,918,679Premium filed
- $8,095,698Indemnity paid
- $15,755,675Liability insured
- 89,542Quantity planted
- 90,350Quantity lost
- 925Policies
- 925Policies with a loss
- 1.65Loss ratio, whole span
Causes that carried the indemnity in Beaver County
- Drought $4,183,882 indemnity · 10 years
- Hot Wind $1,419,455 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $1,125,722 indemnity · 9 years
- Hail $442,773 indemnity · 7 years
- Decline in Price $223,289 indemnity · 8 years
- All Other Causes $177,868 indemnity · 5 years
Cotton 7 years filed
- 2.38Low end of the filed band
- 4.29Middle of the filed band
- 7.73High end of the filed band
- 2019Worst year filed (7.73)
- 7Years filed
- $1,270,621Premium filed
- $6,115,025Indemnity paid
- $9,015,430Liability insured
- 18,323Quantity planted
- 19,271Quantity lost
- 161Policies
- 161Policies with a loss
- 4.81Loss ratio, whole span
Causes that carried the indemnity in Beaver County
- Hail $1,913,681 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $1,608,831 indemnity · 3 years
- Cold Wet Weather $1,016,036 indemnity · 5 years
- Drought $565,545 indemnity · 7 years
- Wind/Excess Wind $343,300 indemnity · 3 years
- Heat $311,820 indemnity · 2 years
Corn 10 years filed
- 0.27Low end of the filed band
- 4.15Middle of the filed band
- 12.41High end of the filed band
- 2020Worst year filed (17.80)
- 10Years filed
- $561,874Premium filed
- $2,875,005Indemnity paid
- $8,888,570Liability insured
- 14,386Quantity planted
- 14,874Quantity lost
- 130Policies
- 130Policies with a loss
- 5.12Loss ratio, whole span
Causes that carried the indemnity in Beaver County
- Mycotoxin $968,198 indemnity · 2 years
- Heat $582,756 indemnity · 5 years
- Hot Wind $475,281 indemnity · 7 years
- Hail $249,018 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $228,260 indemnity · 4 years
- Failure of Irrigation Equipment $132,017 indemnity · 2 years
Every county-crop the agency files in Oklahoma → Buy the Beaver 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.