Crop-loss band · Tennessee
Benton County, Tennessee — crop-loss band
- 1.21Low end of the filed band
- 2.55Middle of the filed band
- 2.98High end of the filed band
- 2020Worst year filed (3.44)
- 10Years filed
Every year the Risk Management Agency has filed for Benton 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 1.21 at the low end to 2.98 at the high end, with 2.55 in the middle. The worst year filed is 2020, at 3.44. 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 | $162,717 | $415,621 | $1,450,294 | 61 | 61 | 2.55 |
| 2016 | $110,474 | $133,751 | $1,027,068 | 32 | 32 | 1.21 |
| 2017 | $145,190 | $277,173 | $1,250,653 | 52 | 52 | 1.91 |
| 2018 | $317,022 | $945,638 | $3,323,100 | 113 | 113 | 2.98 |
| 2019 | $104,516 | $277,690 | $1,015,181 | 32 | 32 | 2.66 |
| 2020 | $148,898 | $511,995 | $1,114,174 | 39 | 39 | 3.44 |
| 2021 | $201,828 | $337,607 | $1,696,848 | 41 | 41 | 1.67 |
| 2022 | $614,877 | $1,700,493 | $4,438,567 | 81 | 81 | 2.77 |
| 2023 | $194,115 | $358,205 | $1,412,975 | 38 | 38 | 1.85 |
| 2024 | $573,462 | $1,647,305 | $4,652,141 | 83 | 83 | 2.87 |
Commodities insured in Benton 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.
Soybeans 10 years filed
- 0.96Low end of the filed band
- 2.21Middle of the filed band
- 3.02High end of the filed band
- 2024Worst year filed (3.16)
- 10Years filed
- $1,461,396Premium filed
- $3,776,644Indemnity paid
- $13,521,278Liability insured
- 40,472Quantity planted
- 36,210Quantity lost
- 394Policies
- 394Policies with a loss
- 2.58Loss ratio, whole span
Causes that carried the indemnity in Benton County
- Drought $1,662,483 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $1,546,312 indemnity · 10 years
- Wildlife $241,170 indemnity · 8 years
- Decline in Price $166,400 indemnity · 6 years
- Heat $76,865 indemnity · 4 years
- Insects $26,558 indemnity · 1 years
Corn 10 years filed
- 0.98Low end of the filed band
- 2.18Middle of the filed band
- 4.22High end of the filed band
- 2015Worst year filed (4.23)
- 10Years filed
- $1,111,703Premium filed
- $2,828,834Indemnity paid
- $7,859,723Liability insured
- 20,719Quantity planted
- 18,487Quantity lost
- 178Policies
- 178Policies with a loss
- 2.54Loss ratio, whole span
Causes that carried the indemnity in Benton County
- Excess Moisture/Precipitation/Rain $1,387,124 indemnity · 10 years
- Drought $1,165,473 indemnity · 6 years
- Heat $127,727 indemnity · 2 years
- All Other Causes $76,345 indemnity · 1 years
- Decline in Price $52,331 indemnity · 4 years
- Flood $11,194 indemnity · 2 years
Every county-crop the agency files in Tennessee → Buy the Benton 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.