Crop-loss band · Tennessee
Smith County, Tennessee — crop-loss band
- 0.96Low end of the filed band
- 1.54Middle of the filed band
- 1.70High end of the filed band
- 2015Worst year filed (2.54)
- 10Years filed
Every year the Risk Management Agency has filed for Smith 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 0.96 at the low end to 1.70 at the high end, with 1.54 in the middle. The worst year filed is 2015, at 2.54. 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 | $1,054,475 | $2,673,060 | $3,394,893 | 39 | 39 | 2.54 |
| 2016 | $1,633,995 | $2,748,003 | $3,442,152 | 52 | 52 | 1.68 |
| 2017 | $1,728,738 | $2,585,090 | $3,292,406 | 30 | 30 | 1.50 |
| 2018 | $633,711 | $1,079,106 | $1,532,876 | 26 | 26 | 1.70 |
| 2019 | $808,168 | $1,311,912 | $1,581,458 | 19 | 19 | 1.62 |
| 2020 | $304,573 | $469,669 | $600,385 | 11 | 11 | 1.54 |
| 2021 | $482,648 | $547,573 | $938,211 | 10 | 10 | 1.13 |
| 2022 | $395,613 | $673,789 | $876,506 | 12 | 12 | 1.70 |
| 2023 | $502,934 | $480,433 | $1,068,793 | 14 | 14 | 0.96 |
| 2024 | $1,066,951 | $1,474,590 | $2,288,591 | 17 | 17 | 1.38 |
Commodities insured in Smith 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.
Burley Tobacco 10 years filed
- 0.63Low end of the filed band
- 1.48Middle of the filed band
- 1.67High end of the filed band
- 2015Worst year filed (2.62)
- 10Years filed
- $8,182,949Premium filed
- $12,585,480Indemnity paid
- $16,132,562Liability insured
- 5,531Quantity planted
- 5,536Quantity lost
- 147Policies
- 147Policies with a loss
- 1.54Loss ratio, whole span
Causes that carried the indemnity in Smith County
- Excess Moisture/Precipitation/Rain $9,996,670 indemnity · 10 years
- Drought $1,293,558 indemnity · 4 years
- House burn (Pole burn) $501,274 indemnity · 2 years
- Heat $469,009 indemnity · 4 years
- ARPI/SCO/STAX/MP Crops Only $206,054 indemnity · 2 years
- Plant Disease $84,772 indemnity · 1 years
Soybeans 10 years filed
- 0.80Low end of the filed band
- 2.62Middle of the filed band
- 6.04High end of the filed band
- 2024Worst year filed (7.06)
- 10Years filed
- $428,857Premium filed
- $1,457,745Indemnity paid
- $2,883,709Liability insured
- 7,490Quantity planted
- 7,456Quantity lost
- 83Policies
- 83Policies with a loss
- 3.40Loss ratio, whole span
Causes that carried the indemnity in Smith County
- Drought $569,325 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $358,492 indemnity · 7 years
- Heat $302,823 indemnity · 5 years
- Wildlife $154,729 indemnity · 7 years
- All Other Causes $69,653 indemnity · 5 years
- Hail $1,602 indemnity · 1 years
Every county-crop the agency files in Tennessee → Buy the Smith 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.