Crop-loss band · Texas
Lipscomb County, Texas — crop-loss band
- 1.51Low end of the filed band
- 2.26Middle of the filed band
- 4.08High end of the filed band
- 2017Worst year filed (4.11)
- 10Years filed
Every year the Risk Management Agency has filed for Lipscomb County is in the series below, from 2018 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.51 at the low end to 4.08 at the high end, with 2.26 in the middle. The worst year filed is 2017, at 4.11. 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 | $389,494 | $693,068 | $1,379,340 | 132 | 131 | 1.78 |
| 2016 | $251,270 | $537,180 | $1,209,717 | 118 | 117 | 2.14 |
| 2017 | $275,802 | $1,133,788 | $2,746,702 | 108 | 108 | 4.11 |
| 2018 | $736,495 | $2,494,898 | $3,876,757 | 172 | 172 | 3.39 |
| 2019 | $781,582 | $3,191,734 | $5,303,901 | 146 | 146 | 4.08 |
| 2020 | $925,322 | $2,092,193 | $4,777,209 | 286 | 286 | 2.26 |
| 2021 | $925,319 | $1,392,684 | $3,675,028 | 226 | 226 | 1.51 |
| 2022 | $1,804,308 | $4,147,792 | $7,798,371 | 404 | 404 | 2.30 |
| 2023 | $2,277,845 | $6,137,244 | $9,697,942 | 385 | 385 | 2.69 |
| 2024 | $1,004,490 | $2,114,641 | $4,856,811 | 354 | 354 | 2.11 |
Commodities insured in Lipscomb County
6 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.
Cotton 7 years filed
- 0.94Low end of the filed band
- 3.57Middle of the filed band
- 7.38High end of the filed band
- 2019Worst year filed (7.38)
- 7Years filed
- $1,868,697Premium filed
- $8,382,134Indemnity paid
- $10,960,535Liability insured
- 20,089Quantity planted
- 24,463Quantity lost
- 92Policies
- 92Policies with a loss
- 4.49Loss ratio, whole span
Causes that carried the indemnity in Lipscomb County
- Excess Moisture/Precipitation/Rain $2,762,443 indemnity · 2 years
- Hail $2,143,494 indemnity · 7 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $832,562 indemnity · 5 years
- Wind/Excess Wind $828,643 indemnity · 3 years
- Cold Wet Weather $815,979 indemnity · 2 years
- Drought $464,080 indemnity · 3 years
Pasture,Rangeland,Forage 10 years filed
- 1.13Low end of the filed band
- 1.60Middle of the filed band
- 2.13High end of the filed band
- 2017Worst year filed (2.57)
- 10Years filed
- $4,403,810Premium filed
- $6,950,243Indemnity paid
- $18,486,362Liability insured
- 715,851Quantity planted
- 0Quantity lost
- 1,626Policies
- 1,626Policies with a loss
- 1.58Loss ratio, whole span
Causes that carried the indemnity in Lipscomb County
- ARPI/SCO/STAX Crops Only $6,950,243 indemnity · 10 years
Corn 7 years filed
- 3.97Low end of the filed band
- 9.36Middle of the filed band
- 42.48High end of the filed band
- 2019Worst year filed (42.48)
- 7Years filed
- $417,847Premium filed
- $3,188,788Indemnity paid
- $6,383,033Liability insured
- 11,685Quantity planted
- 11,865Quantity lost
- 65Policies
- 65Policies with a loss
- 7.63Loss ratio, whole span
Causes that carried the indemnity in Lipscomb County
- Excess Moisture/Precipitation/Rain $978,614 indemnity · 4 years
- Hail $579,571 indemnity · 3 years
- Mycotoxin $454,281 indemnity · 1 years
- Hot Wind $453,292 indemnity · 5 years
- Heat $433,232 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $202,047 indemnity · 3 years
Wheat 10 years filed
- 0.47Low end of the filed band
- 2.00Middle of the filed band
- 3.73High end of the filed band
- 2019Worst year filed (4.97)
- 10Years filed
- $1,067,528Premium filed
- $2,429,677Indemnity paid
- $3,360,412Liability insured
- 27,761Quantity planted
- 28,278Quantity lost
- 262Policies
- 261Policies with a loss
- 2.28Loss ratio, whole span
Causes that carried the indemnity in Lipscomb County
- Drought $1,425,506 indemnity · 8 years
- ARPI/SCO/STAX Crops Only $447,962 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $212,883 indemnity · 3 years
- Hail $128,363 indemnity · 5 years
- Plant Disease $58,078 indemnity · 2 years
- Freeze $56,076 indemnity · 2 years
Annual Forage 10 years filed
- 0.83Low end of the filed band
- 1.70Middle of the filed band
- 2.04High end of the filed band
- 2018Worst year filed (3.01)
- 10Years filed
- $1,180,858Premium filed
- $1,966,122Indemnity paid
- $4,672,294Liability insured
- 20,237Quantity planted
- 0Quantity lost
- 161Policies
- 161Policies with a loss
- 1.67Loss ratio, whole span
Causes that carried the indemnity in Lipscomb County
- ARPI/SCO/STAX Crops Only $1,966,122 indemnity · 10 years
Grain Sorghum 10 years filed
- 0.61Low end of the filed band
- 2.17Middle of the filed band
- 2.83High end of the filed band
- 2015Worst year filed (3.83)
- 10Years filed
- $433,187Premium filed
- $1,018,258Indemnity paid
- $1,459,142Liability insured
- 9,517Quantity planted
- 9,697Quantity lost
- 125Policies
- 124Policies with a loss
- 2.35Loss ratio, whole span
Causes that carried the indemnity in Lipscomb County
- Drought $403,267 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $202,641 indemnity · 6 years
- Hot Wind $177,605 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $93,055 indemnity · 4 years
- Freeze $46,905 indemnity · 4 years
- Wind/Excess Wind $46,009 indemnity · 4 years
Every county-crop the agency files in Texas → Buy the Lipscomb 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.