Crop-loss band · Tennessee
Franklin County, Tennessee — crop-loss band
- 0.17Low end of the filed band
- 1.55Middle of the filed band
- 2.81High end of the filed band
- 2024Worst year filed (3.57)
- 10Years filed
Every year the Risk Management Agency has filed for Franklin 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 0.17 at the low end to 2.81 at the high end, with 1.55 in the middle. The worst year filed is 2024, at 3.57. 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 | $10,616 | $1,800 | $64,192 | 3 | 3 | 0.17 |
| 2016 | $90,997 | $181,637 | $722,178 | 30 | 30 | 2.00 |
| 2017 | $108,266 | $97,998 | $1,066,608 | 28 | 26 | 0.91 |
| 2018 | $73,433 | $64,461 | $879,285 | 19 | 19 | 0.88 |
| 2019 | $127,308 | $358,208 | $1,033,123 | 37 | 37 | 2.81 |
| 2020 | $51,331 | $120,456 | $523,140 | 22 | 22 | 2.35 |
| 2021 | $38,093 | $61,603 | $384,868 | 10 | 10 | 1.62 |
| 2022 | $1,610,445 | $2,495,110 | $10,020,304 | 98 | 98 | 1.55 |
| 2023 | $753,006 | $516,408 | $2,772,102 | 46 | 46 | 0.69 |
| 2024 | $2,576,510 | $9,187,686 | $26,724,495 | 187 | 187 | 3.57 |
Commodities insured in Franklin County
3 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 9 years filed
- 0.17Low end of the filed band
- 0.56Middle of the filed band
- 3.56High end of the filed band
- 2024Worst year filed (3.56)
- 9Years filed
- $3,417,183Premium filed
- $8,205,784Indemnity paid
- $26,741,640Liability insured
- 32,152Quantity planted
- 31,561Quantity lost
- 209Policies
- 209Policies with a loss
- 2.40Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Drought $4,073,738 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $3,534,700 indemnity · 3 years
- Heat $422,211 indemnity · 2 years
- Decline in Price $118,750 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $56,196 indemnity · 6 years
- Wildlife $189 indemnity · 1 years
Soybeans 10 years filed
- 0.16Low end of the filed band
- 0.58Middle of the filed band
- 2.34High end of the filed band
- 2024Worst year filed (3.46)
- 10Years filed
- $1,760,389Premium filed
- $3,880,800Indemnity paid
- $15,259,047Liability insured
- 27,813Quantity planted
- 25,913Quantity lost
- 212Policies
- 210Policies with a loss
- 2.20Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,852,905 indemnity · 3 years
- Drought $1,536,498 indemnity · 7 years
- Heat $160,364 indemnity · 2 years
- Wildlife $143,229 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $116,808 indemnity · 7 years
- Decline in Price $68,180 indemnity · 4 years
Wheat 9 years filed
- 2.07Low end of the filed band
- 5.94Middle of the filed band
- 9.04High end of the filed band
- 2017Worst year filed (9.04)
- 9Years filed
- $262,433Premium filed
- $998,783Indemnity paid
- $2,189,608Liability insured
- 6,354Quantity planted
- 6,345Quantity lost
- 59Policies
- 59Policies with a loss
- 3.81Loss ratio, whole span
Causes that carried the indemnity in Franklin County
- Excess Moisture/Precipitation/Rain $328,700 indemnity · 5 years
- Drought $315,905 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $133,324 indemnity · 1 years
- Decline in Price $97,412 indemnity · 2 years
- Freeze $76,907 indemnity · 3 years
- Cold Wet Weather $40,395 indemnity · 2 years
Every county-crop the agency files in Tennessee → Buy the Franklin 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.