Crop-loss band · South Carolina
Florence County, South Carolina — crop-loss band
- 1.64Low end of the filed band
- 2.30Middle of the filed band
- 3.11High end of the filed band
- 2015Worst year filed (3.78)
- 10Years filed
Every year the Risk Management Agency has filed for Florence 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 1.64 at the low end to 3.11 at the high end, with 2.30 in the middle. The worst year filed is 2015, at 3.78. 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 | $3,172,086 | $11,976,224 | $16,207,274 | 711 | 711 | 3.78 |
| 2016 | $1,803,786 | $4,885,080 | $8,723,195 | 467 | 467 | 2.71 |
| 2017 | $869,677 | $2,005,096 | $4,021,280 | 210 | 208 | 2.31 |
| 2018 | $3,074,157 | $9,557,880 | $14,839,368 | 722 | 722 | 3.11 |
| 2019 | $2,831,276 | $5,872,359 | $11,395,159 | 656 | 656 | 2.07 |
| 2020 | $3,395,798 | $7,797,564 | $10,632,141 | 700 | 700 | 2.30 |
| 2021 | $1,333,802 | $2,186,038 | $4,217,821 | 211 | 211 | 1.64 |
| 2022 | $3,620,637 | $10,466,436 | $14,952,815 | 587 | 587 | 2.89 |
| 2023 | $3,809,437 | $6,237,008 | $13,995,852 | 490 | 490 | 1.64 |
| 2024 | $5,921,745 | $13,041,393 | $24,769,838 | 962 | 962 | 2.20 |
Commodities insured in Florence 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.
Soybeans 10 years filed
- 1.22Low end of the filed band
- 1.90Middle of the filed band
- 2.75High end of the filed band
- 2015Worst year filed (2.96)
- 10Years filed
- $13,729,351Premium filed
- $29,214,958Indemnity paid
- $50,035,431Liability insured
- 201,826Quantity planted
- 209,160Quantity lost
- 2,767Policies
- 2,765Policies with a loss
- 2.13Loss ratio, whole span
Causes that carried the indemnity in Florence County
- Excess Moisture/Precipitation/Rain $9,109,985 indemnity · 10 years
- Drought $7,446,263 indemnity · 10 years
- Hurricane/Tropical Depression $3,775,149 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $2,854,002 indemnity · 1 years
- Tropical Storm $2,817,221 indemnity · 2 years
- Wildlife $1,938,154 indemnity · 10 years
Corn 10 years filed
- 1.79Low end of the filed band
- 2.28Middle of the filed band
- 2.80High end of the filed band
- 2022Worst year filed (3.13)
- 10Years filed
- $7,811,195Premium filed
- $18,915,258Indemnity paid
- $32,821,186Liability insured
- 83,954Quantity planted
- 85,611Quantity lost
- 1,484Policies
- 1,484Policies with a loss
- 2.42Loss ratio, whole span
Causes that carried the indemnity in Florence County
- Drought $6,247,882 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $4,199,804 indemnity · 10 years
- Tropical Storm $2,204,322 indemnity · 2 years
- Heat $1,922,670 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,858,529 indemnity · 1 years
- Hurricane/Tropical Depression $1,645,968 indemnity · 8 years
Cotton 10 years filed
- 1.50Low end of the filed band
- 2.67Middle of the filed band
- 3.97High end of the filed band
- 2015Worst year filed (5.01)
- 10Years filed
- $6,105,743Premium filed
- $17,893,364Indemnity paid
- $28,645,072Liability insured
- 60,626Quantity planted
- 75,931Quantity lost
- 817Policies
- 817Policies with a loss
- 2.93Loss ratio, whole span
Causes that carried the indemnity in Florence County
- Excess Moisture/Precipitation/Rain $7,884,545 indemnity · 8 years
- Drought $3,127,066 indemnity · 9 years
- ARPI/SCO/STAX Crops Only $2,243,705 indemnity · 7 years
- Hurricane/Tropical Depression $2,223,866 indemnity · 8 years
- Tropical Storm $1,522,156 indemnity · 2 years
- XX $221,913 indemnity · 6 years
Wheat 10 years filed
- 1.52Low end of the filed band
- 2.50Middle of the filed band
- 4.27High end of the filed band
- 2015Worst year filed (4.42)
- 10Years filed
- $1,342,594Premium filed
- $3,945,805Indemnity paid
- $5,894,634Liability insured
- 46,666Quantity planted
- 46,666Quantity lost
- 391Policies
- 391Policies with a loss
- 2.94Loss ratio, whole span
Causes that carried the indemnity in Florence County
- Excess Moisture/Precipitation/Rain $3,338,397 indemnity · 10 years
- Drought $456,496 indemnity · 7 years
- Freeze $44,022 indemnity · 1 years
- Decline in Price $28,520 indemnity · 5 years
- Wildlife $27,048 indemnity · 3 years
- XX $22,930 indemnity · 3 years
Flue Cured Tobacco 10 years filed
- 2.19Low end of the filed band
- 4.00Middle of the filed band
- 5.59High end of the filed band
- 2015Worst year filed (6.69)
- 10Years filed
- $521,889Premium filed
- $2,352,022Indemnity paid
- $3,918,374Liability insured
- 1,317Quantity planted
- 1,317Quantity lost
- 83Policies
- 83Policies with a loss
- 4.51Loss ratio, whole span
Causes that carried the indemnity in Florence County
- Drought $638,096 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $593,715 indemnity · 6 years
- Plant Disease $432,328 indemnity · 4 years
- Hurricane/Tropical Depression $242,587 indemnity · 3 years
- Heat $189,750 indemnity · 5 years
- Insects $79,223 indemnity · 1 years
Peanuts 10 years filed
- 3.12Low end of the filed band
- 4.67Middle of the filed band
- 10.21High end of the filed band
- 2015Worst year filed (11.26)
- 10Years filed
- $321,630Premium filed
- $1,703,671Indemnity paid
- $2,440,047Liability insured
- 5,333Quantity planted
- 5,333Quantity lost
- 174Policies
- 174Policies with a loss
- 5.30Loss ratio, whole span
Causes that carried the indemnity in Florence County
- Excess Moisture/Precipitation/Rain $615,007 indemnity · 8 years
- Drought $447,287 indemnity · 9 years
- Hurricane/Tropical Depression $176,138 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $174,807 indemnity · 1 years
- Tropical Storm $173,120 indemnity · 2 years
- Heat $58,202 indemnity · 3 years
Every county-crop the agency files in South Carolina → Buy the Florence 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.