Crop-loss band · Tennessee
Tipton County, Tennessee — crop-loss band
- 1.03Low end of the filed band
- 1.75Middle of the filed band
- 2.99High end of the filed band
- 2022Worst year filed (3.25)
- 10Years filed
Every year the Risk Management Agency has filed for Tipton 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 1.03 at the low end to 2.99 at the high end, with 1.75 in the middle. The worst year filed is 2022, at 3.25. 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 | $632,106 | $1,388,436 | $7,329,400 | 102 | 102 | 2.20 |
| 2016 | $530,918 | $591,934 | $5,883,469 | 90 | 89 | 1.11 |
| 2017 | $305,741 | $315,218 | $2,965,024 | 48 | 48 | 1.03 |
| 2018 | $522,779 | $692,642 | $7,093,495 | 89 | 89 | 1.32 |
| 2019 | $410,312 | $1,173,375 | $3,785,751 | 76 | 76 | 2.86 |
| 2020 | $289,530 | $805,172 | $3,802,977 | 86 | 86 | 2.78 |
| 2021 | $413,522 | $505,482 | $6,048,214 | 55 | 55 | 1.22 |
| 2022 | $1,572,631 | $5,106,835 | $23,440,319 | 159 | 159 | 3.25 |
| 2023 | $218,840 | $383,340 | $3,609,635 | 55 | 55 | 1.75 |
| 2024 | $820,790 | $2,455,676 | $13,375,349 | 142 | 142 | 2.99 |
Commodities insured in Tipton 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.
Soybeans 10 years filed
- 0.63Low end of the filed band
- 1.32Middle of the filed band
- 2.37High end of the filed band
- 2019Worst year filed (3.62)
- 10Years filed
- $3,316,913Premium filed
- $5,334,421Indemnity paid
- $41,342,663Liability insured
- 128,023Quantity planted
- 87,160Quantity lost
- 502Policies
- 502Policies with a loss
- 1.61Loss ratio, whole span
Causes that carried the indemnity in Tipton County
- Excess Moisture/Precipitation/Rain $2,815,375 indemnity · 10 years
- Drought $1,335,890 indemnity · 9 years
- Flood $510,799 indemnity · 5 years
- Heat $410,455 indemnity · 5 years
- Decline in Price $206,311 indemnity · 5 years
- All Other Causes $37,284 indemnity · 1 years
Corn 10 years filed
- 0.82Low end of the filed band
- 2.57Middle of the filed band
- 5.53High end of the filed band
- 2020Worst year filed (10.13)
- 10Years filed
- $1,430,123Premium filed
- $5,326,971Indemnity paid
- $23,673,269Liability insured
- 51,446Quantity planted
- 40,175Quantity lost
- 279Policies
- 278Policies with a loss
- 3.72Loss ratio, whole span
Causes that carried the indemnity in Tipton County
- Drought $3,155,934 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $1,684,618 indemnity · 10 years
- Heat $272,111 indemnity · 2 years
- Decline in Price $78,362 indemnity · 3 years
- Cold Wet Weather $57,275 indemnity · 5 years
- All Other Causes $49,338 indemnity · 1 years
Cotton 10 years filed
- 1.55Low end of the filed band
- 3.64Middle of the filed band
- 5.72High end of the filed band
- 2016Worst year filed (6.45)
- 10Years filed
- $970,133Premium filed
- $2,756,718Indemnity paid
- $12,317,700Liability insured
- 31,871Quantity planted
- 31,871Quantity lost
- 121Policies
- 121Policies with a loss
- 2.84Loss ratio, whole span
Causes that carried the indemnity in Tipton County
- Excess Moisture/Precipitation/Rain $1,920,034 indemnity · 10 years
- Drought $535,472 indemnity · 3 years
- Decline in Price $161,363 indemnity · 1 years
- Cold Wet Weather $128,324 indemnity · 2 years
- Heat $11,525 indemnity · 1 years
Every county-crop the agency files in Tennessee → Buy the Tipton 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.