Crop-loss band · Utah
Utah County, Utah — crop-loss band
- 1.43Low end of the filed band
- 3.25Middle of the filed band
- 6.08High end of the filed band
- 2017Worst year filed (8.65)
- 10Years filed
Every year the Risk Management Agency has filed for Utah 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 1.43 at the low end to 6.08 at the high end, with 3.25 in the middle. The worst year filed is 2017, at 8.65. 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 | $311,214 | $785,279 | $2,252,289 | 19 | 19 | 2.52 |
| 2016 | $242,455 | $383,738 | $1,368,946 | 16 | 16 | 1.58 |
| 2017 | $598,380 | $5,173,315 | $9,076,155 | 28 | 28 | 8.65 |
| 2018 | $357,822 | $1,667,652 | $4,514,258 | 40 | 40 | 4.66 |
| 2019 | $593,789 | $3,612,961 | $8,429,409 | 53 | 53 | 6.08 |
| 2020 | $996,073 | $5,360,480 | $10,241,776 | 126 | 126 | 5.38 |
| 2021 | $760,720 | $2,469,793 | $5,454,408 | 120 | 120 | 3.25 |
| 2022 | $1,252,325 | $5,927,220 | $10,650,245 | 221 | 221 | 4.73 |
| 2023 | $1,106,591 | $2,587,521 | $8,242,027 | 157 | 157 | 2.34 |
| 2024 | $607,057 | $867,057 | $3,284,938 | 113 | 113 | 1.43 |
Commodities insured in Utah County
4 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.
Cherries 7 years filed
- 1.45Low end of the filed band
- 8.39Middle of the filed band
- 11.32High end of the filed band
- 2020Worst year filed (11.32)
- 7Years filed
- $2,223,696Premium filed
- $15,489,645Indemnity paid
- $36,559,291Liability insured
- 10,020Quantity planted
- 10,020Quantity lost
- 98Policies
- 98Policies with a loss
- 6.97Loss ratio, whole span
Causes that carried the indemnity in Utah County
- Frost $6,820,758 indemnity · 3 years
- Decline in Price $6,056,313 indemnity · 6 years
- Freeze $1,345,925 indemnity · 5 years
- Hail $1,144,675 indemnity · 1 years
- Cold Wet Weather $104,051 indemnity · 2 years
- Wind/Excess Wind $17,922 indemnity · 1 years
All Other Crops 8 years filed
- 1.55Low end of the filed band
- 2.30Middle of the filed band
- 8.65High end of the filed band
- 2017Worst year filed (8.65)
- 8Years filed
- $1,509,368Premium filed
- $7,191,728Indemnity paid
- $15,152,658Liability insured
- 22,482Quantity planted
- 20,861Quantity lost
- 99Policies
- 99Policies with a loss
- 4.76Loss ratio, whole span
Causes that carried the indemnity in Utah County
- Freeze $3,307,672 indemnity · 3 years
- Cold Wet Weather $1,485,132 indemnity · 2 years
- Frost $1,131,650 indemnity · 4 years
- Drought $307,001 indemnity · 3 years
- Decline in Price $290,716 indemnity · 2 years
- Failure of Irrigation Supply $251,981 indemnity · 5 years
Pasture,Rangeland,Forage 7 years filed
- 1.66Low end of the filed band
- 2.37Middle of the filed band
- 2.93High end of the filed band
- 2020Worst year filed (2.93)
- 7Years filed
- $1,645,674Premium filed
- $3,884,101Indemnity paid
- $9,010,540Liability insured
- 1,224,098Quantity planted
- 0Quantity lost
- 653Policies
- 653Policies with a loss
- 2.36Loss ratio, whole span
Causes that carried the indemnity in Utah County
- ARPI/SCO/STAX/MP Crops Only $3,884,101 indemnity · 7 years
Wheat 7 years filed
- 0.72Low end of the filed band
- 1.47Middle of the filed band
- 2.20High end of the filed band
- 2021Worst year filed (2.20)
- 7Years filed
- $1,447,688Premium filed
- $2,269,542Indemnity paid
- $2,791,962Liability insured
- 29,785Quantity planted
- 29,912Quantity lost
- 43Policies
- 43Policies with a loss
- 1.57Loss ratio, whole span
Causes that carried the indemnity in Utah County
- Drought $1,783,847 indemnity · 7 years
- Cold Wet Weather $319,853 indemnity · 1 years
- Heat $126,101 indemnity · 3 years
- Hail $31,326 indemnity · 1 years
- Frost $5,009 indemnity · 1 years
- Decline in Price $3,406 indemnity · 1 years
Every county-crop the agency files in Utah → Buy the Utah 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.