Crop-loss band · Texas
Lubbock County, Texas — crop-loss band
- 1.57Low end of the filed band
- 2.09Middle of the filed band
- 2.56High end of the filed band
- 2022Worst year filed (2.72)
- 10Years filed
Every year the Risk Management Agency has filed for Lubbock 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 1.57 at the low end to 2.56 at the high end, with 2.09 in the middle. The worst year filed is 2022, at 2.72. 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 | $3,527,616 | $7,538,861 | $14,967,337 | 843 | 843 | 2.14 |
| 2016 | $2,787,785 | $4,927,671 | $10,135,012 | 573 | 573 | 1.77 |
| 2017 | $11,872,158 | $26,593,573 | $41,071,730 | 1,719 | 1,714 | 2.24 |
| 2018 | $17,920,189 | $40,825,395 | $54,763,368 | 2,192 | 2,192 | 2.28 |
| 2019 | $17,444,618 | $29,193,451 | $63,104,450 | 2,190 | 2,188 | 1.67 |
| 2020 | $16,753,095 | $34,991,797 | $56,639,895 | 2,361 | 2,361 | 2.09 |
| 2021 | $6,335,344 | $16,213,585 | $23,353,845 | 856 | 856 | 2.56 |
| 2022 | $50,206,959 | $136,479,976 | $165,647,452 | 4,121 | 4,121 | 2.72 |
| 2023 | $36,212,026 | $74,913,762 | $105,799,556 | 4,037 | 4,037 | 2.07 |
| 2024 | $28,769,178 | $45,290,430 | $78,528,667 | 3,139 | 3,137 | 1.57 |
Commodities insured in Lubbock County
8 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 10 years filed
- 1.33Low end of the filed band
- 2.08Middle of the filed band
- 2.80High end of the filed band
- 2021Worst year filed (2.95)
- 10Years filed
- $170,112,635Premium filed
- $369,072,173Indemnity paid
- $534,682,041Liability insured
- 1,404,159Quantity planted
- 1,904,496Quantity lost
- 17,973Policies
- 17,964Policies with a loss
- 2.17Loss ratio, whole span
Causes that carried the indemnity in Lubbock County
- Drought $147,947,392 indemnity · 10 years
- Hot Wind $59,905,607 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $47,608,047 indemnity · 7 years
- Heat $43,307,902 indemnity · 10 years
- Hail $29,071,629 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $17,268,539 indemnity · 10 years
Annual Forage 10 years filed
- 0.73Low end of the filed band
- 1.87Middle of the filed band
- 2.43High end of the filed band
- 2015Worst year filed (2.94)
- 10Years filed
- $16,793,441Premium filed
- $32,200,427Indemnity paid
- $55,449,591Liability insured
- 230,066Quantity planted
- 0Quantity lost
- 1,549Policies
- 1,549Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Lubbock County
- ARPI/SCO/STAX Crops Only $32,200,427 indemnity · 10 years
Corn 10 years filed
- 4.60Low end of the filed band
- 6.13Middle of the filed band
- 9.05High end of the filed band
- 2016Worst year filed (10.44)
- 10Years filed
- $1,107,384Premium filed
- $7,246,459Indemnity paid
- $11,214,408Liability insured
- 23,081Quantity planted
- 23,210Quantity lost
- 463Policies
- 463Policies with a loss
- 6.54Loss ratio, whole span
Causes that carried the indemnity in Lubbock County
- Heat $3,490,287 indemnity · 9 years
- Hot Wind $2,746,940 indemnity · 10 years
- Mycotoxin $412,071 indemnity · 4 years
- ARPI/SCO/STAX Crops Only $245,874 indemnity · 4 years
- Failure of Irrigation Equipment $149,141 indemnity · 2 years
- Decline in Price $78,482 indemnity · 6 years
Grain Sorghum 10 years filed
- 1.08Low end of the filed band
- 2.04Middle of the filed band
- 2.42High end of the filed band
- 2022Worst year filed (2.57)
- 10Years filed
- $1,927,911Premium filed
- $4,288,253Indemnity paid
- $6,215,997Liability insured
- 53,696Quantity planted
- 53,866Quantity lost
- 1,025Policies
- 1,025Policies with a loss
- 2.22Loss ratio, whole span
Causes that carried the indemnity in Lubbock County
- Drought $1,963,799 indemnity · 10 years
- Heat $1,057,118 indemnity · 9 years
- Hot Wind $546,467 indemnity · 8 years
- Decline in Price $203,863 indemnity · 4 years
- ARPI/SCO/STAX Crops Only $174,221 indemnity · 7 years
- Insects $114,858 indemnity · 2 years
All Other Crops 6 years filed
- 1.55Low end of the filed band
- 2.02Middle of the filed band
- 8.26High end of the filed band
- 2015Worst year filed (8.26)
- 6Years filed
- $583,553Premium filed
- $1,274,545Indemnity paid
- $1,461,235Liability insured
- 1,891Quantity planted
- 1,565Quantity lost
- 32Policies
- 32Policies with a loss
- 2.18Loss ratio, whole span
Causes that carried the indemnity in Lubbock County
- Hail $439,742 indemnity · 5 years
- Heat $377,368 indemnity · 2 years
- Freeze $245,513 indemnity · 2 years
- Hot Wind $190,431 indemnity · 1 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $21,491 indemnity · 2 years
Pecans 5 years filed
- 1.75Low end of the filed band
- 4.56Middle of the filed band
- 5.12High end of the filed band
- 2016Worst year filed (5.12)
- 5Years filed
- $342,031Premium filed
- $1,224,408Indemnity paid
- $1,710,447Liability insured
- 10,525Quantity planted
- 1,106Quantity lost
- 12Policies
- 12Policies with a loss
- 3.58Loss ratio, whole span
Causes that carried the indemnity in Lubbock County
- Freeze $511,086 indemnity · 2 years
- Hot Wind $384,378 indemnity · 2 years
- Heat $232,798 indemnity · 1 years
- Hail $86,769 indemnity · 2 years
- Wind/Excess Wind $9,377 indemnity · 1 years
Pasture,Rangeland,Forage 10 years filed
- 0.25Low end of the filed band
- 1.77Middle of the filed band
- 2.08High end of the filed band
- 2017Worst year filed (2.57)
- 10Years filed
- $580,560Premium filed
- $893,723Indemnity paid
- $2,199,511Liability insured
- 53,805Quantity planted
- 0Quantity lost
- 652Policies
- 652Policies with a loss
- 1.54Loss ratio, whole span
Causes that carried the indemnity in Lubbock County
- ARPI/SCO/STAX Crops Only $893,723 indemnity · 10 years
Wheat 10 years filed
- 0.79Low end of the filed band
- 1.87Middle of the filed band
- 2.40High end of the filed band
- 2022Worst year filed (3.85)
- 10Years filed
- $381,453Premium filed
- $768,513Indemnity paid
- $1,078,082Liability insured
- 14,228Quantity planted
- 14,242Quantity lost
- 325Policies
- 325Policies with a loss
- 2.01Loss ratio, whole span
Causes that carried the indemnity in Lubbock County
- Drought $485,133 indemnity · 10 years
- Hail $70,081 indemnity · 9 years
- Heat $61,117 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $41,842 indemnity · 4 years
- Other (Snow, Lightning, Etc.) $33,789 indemnity · 2 years
- Hot Wind $33,686 indemnity · 5 years
Every county-crop the agency files in Texas → Buy the Lubbock 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.