Crop-loss band · South Dakota
Hanson County, South Dakota — crop-loss band
- 0.78Low end of the filed band
- 1.92Middle of the filed band
- 3.20High end of the filed band
- 2019Worst year filed (4.25)
- 10Years filed
Every year the Risk Management Agency has filed for Hanson 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 0.78 at the low end to 3.20 at the high end, with 1.92 in the middle. The worst year filed is 2019, at 4.25. 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 | $261,819 | $637,611 | $1,482,171 | 70 | 70 | 2.44 |
| 2016 | $5,135,693 | $3,998,511 | $26,213,513 | 538 | 536 | 0.78 |
| 2017 | $1,244,934 | $1,181,778 | $8,681,093 | 177 | 177 | 0.95 |
| 2018 | $410,697 | $1,243,467 | $2,619,391 | 196 | 196 | 3.03 |
| 2019 | $7,278,429 | $30,932,733 | $36,211,362 | 757 | 756 | 4.25 |
| 2020 | $2,012,455 | $6,448,513 | $12,631,335 | 486 | 486 | 3.20 |
| 2021 | $2,466,123 | $2,761,431 | $18,202,731 | 322 | 322 | 1.12 |
| 2022 | $13,233,510 | $26,747,631 | $97,029,577 | 907 | 904 | 2.02 |
| 2023 | $3,964,636 | $4,275,500 | $33,331,515 | 432 | 424 | 1.08 |
| 2024 | $5,406,680 | $10,380,413 | $49,516,539 | 651 | 650 | 1.92 |
Commodities insured in Hanson 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.
Corn 10 years filed
- 0.77Low end of the filed band
- 1.19Middle of the filed band
- 3.44High end of the filed band
- 2019Worst year filed (3.79)
- 10Years filed
- $24,963,238Premium filed
- $53,342,865Indemnity paid
- $146,404,223Liability insured
- 241,988Quantity planted
- 261,591Quantity lost
- 1,820Policies
- 1,811Policies with a loss
- 2.14Loss ratio, whole span
Causes that carried the indemnity in Hanson County
- Excess Moisture/Precipitation/Rain $29,684,550 indemnity · 10 years
- Drought $16,268,702 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $4,190,633 indemnity · 4 years
- Flood $847,117 indemnity · 3 years
- Decline in Price $631,301 indemnity · 9 years
- Heat $617,800 indemnity · 5 years
Soybeans 10 years filed
- 0.49Low end of the filed band
- 1.74Middle of the filed band
- 3.02High end of the filed band
- 2019Worst year filed (6.00)
- 10Years filed
- $15,103,930Premium filed
- $31,355,962Indemnity paid
- $131,233,209Liability insured
- 275,055Quantity planted
- 267,400Quantity lost
- 1,801Policies
- 1,795Policies with a loss
- 2.08Loss ratio, whole span
Causes that carried the indemnity in Hanson County
- Excess Moisture/Precipitation/Rain $15,007,671 indemnity · 10 years
- Drought $10,847,078 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $3,524,580 indemnity · 3 years
- Decline in Price $885,942 indemnity · 7 years
- Heat $523,976 indemnity · 5 years
- Cold Wet Weather $257,189 indemnity · 6 years
Pasture,Rangeland,Forage 10 years filed
- 0.36Low end of the filed band
- 1.82Middle of the filed band
- 2.73High end of the filed band
- 2024Worst year filed (2.95)
- 10Years filed
- $957,711Premium filed
- $2,324,051Indemnity paid
- $5,689,489Liability insured
- 44,900Quantity planted
- 0Quantity lost
- 807Policies
- 807Policies with a loss
- 2.43Loss ratio, whole span
Causes that carried the indemnity in Hanson County
- ARPI/SCO/STAX Crops Only $2,324,051 indemnity · 10 years
Wheat 10 years filed
- 0.89Low end of the filed band
- 2.12Middle of the filed band
- 5.70High end of the filed band
- 2015Worst year filed (6.65)
- 10Years filed
- $390,097Premium filed
- $1,584,710Indemnity paid
- $2,592,306Liability insured
- 10,971Quantity planted
- 10,505Quantity lost
- 108Policies
- 108Policies with a loss
- 4.06Loss ratio, whole span
Causes that carried the indemnity in Hanson County
- Drought $793,290 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $359,311 indemnity · 5 years
- Cold Winter $146,774 indemnity · 3 years
- Cold Wet Weather $128,340 indemnity · 3 years
- Mycotoxin $61,622 indemnity · 1 years
- Freeze $33,957 indemnity · 2 years
Every county-crop the agency files in South Dakota → Buy the Hanson 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.