Crop-loss band · South Dakota
Hamlin County, South Dakota — crop-loss band
- 1.52Low end of the filed band
- 2.50Middle of the filed band
- 5.07High end of the filed band
- 2020Worst year filed (6.40)
- 10Years filed
Every year the Risk Management Agency has filed for Hamlin 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 1.52 at the low end to 5.07 at the high end, with 2.50 in the middle. The worst year filed is 2020, at 6.40. 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 | $50,219 | $118,830 | $463,688 | 30 | 30 | 2.37 |
| 2016 | $324,568 | $513,133 | $3,399,312 | 96 | 96 | 1.58 |
| 2017 | $1,150,784 | $3,000,595 | $11,635,273 | 215 | 215 | 2.61 |
| 2018 | $232,212 | $851,626 | $2,088,021 | 118 | 118 | 3.67 |
| 2019 | $2,320,204 | $11,756,588 | $17,831,422 | 584 | 584 | 5.07 |
| 2020 | $609,359 | $3,897,994 | $4,433,126 | 362 | 362 | 6.40 |
| 2021 | $495,509 | $1,237,998 | $5,344,718 | 87 | 87 | 2.50 |
| 2022 | $1,619,078 | $5,376,829 | $15,409,187 | 327 | 327 | 3.32 |
| 2023 | $2,149,101 | $3,274,889 | $25,108,398 | 171 | 171 | 1.52 |
| 2024 | $1,892,108 | $3,619,413 | $25,552,633 | 264 | 264 | 1.91 |
Commodities insured in Hamlin 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 10 years filed
- 1.54Low end of the filed band
- 2.45Middle of the filed band
- 6.52High end of the filed band
- 2020Worst year filed (6.66)
- 10Years filed
- $7,398,454Premium filed
- $24,120,260Indemnity paid
- $74,247,961Liability insured
- 108,837Quantity planted
- 119,466Quantity lost
- 1,218Policies
- 1,218Policies with a loss
- 3.26Loss ratio, whole span
Causes that carried the indemnity in Hamlin County
- Excess Moisture/Precipitation/Rain $15,450,535 indemnity · 10 years
- Drought $2,787,183 indemnity · 8 years
- Hail $1,888,714 indemnity · 6 years
- Cold Wet Weather $1,689,510 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,372,986 indemnity · 3 years
- Decline in Price $516,163 indemnity · 4 years
Soybeans 10 years filed
- 1.24Low end of the filed band
- 2.12Middle of the filed band
- 5.71High end of the filed band
- 2020Worst year filed (5.71)
- 10Years filed
- $3,444,688Premium filed
- $9,527,635Indemnity paid
- $37,017,817Liability insured
- 90,090Quantity planted
- 94,716Quantity lost
- 1,036Policies
- 1,036Policies with a loss
- 2.77Loss ratio, whole span
Causes that carried the indemnity in Hamlin County
- Excess Moisture/Precipitation/Rain $5,575,619 indemnity · 10 years
- Hail $1,096,158 indemnity · 7 years
- Drought $918,511 indemnity · 8 years
- Cold Wet Weather $684,170 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $626,110 indemnity · 2 years
- Decline in Price $297,447 indemnity · 6 years
Every county-crop the agency files in South Dakota → Buy the Hamlin 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.