Crop-loss band · Virginia
Accomack County, Virginia — crop-loss band
- 2.02Low end of the filed band
- 2.24Middle of the filed band
- 3.05High end of the filed band
- 2020Worst year filed (4.16)
- 10Years filed
Every year the Risk Management Agency has filed for Accomack 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 2.02 at the low end to 3.05 at the high end, with 2.24 in the middle. The worst year filed is 2020, at 4.16. 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 | $945,776 | $2,042,953 | $5,154,277 | 100 | 100 | 2.16 |
| 2016 | $856,132 | $1,868,205 | $4,875,149 | 144 | 144 | 2.18 |
| 2017 | $701,116 | $1,516,363 | $4,039,946 | 86 | 86 | 2.16 |
| 2018 | $940,960 | $2,105,274 | $4,853,117 | 154 | 154 | 2.24 |
| 2019 | $693,699 | $2,012,794 | $4,477,019 | 162 | 162 | 2.90 |
| 2020 | $761,992 | $3,166,245 | $6,265,755 | 162 | 162 | 4.16 |
| 2021 | $334,483 | $1,021,713 | $2,179,086 | 86 | 86 | 3.05 |
| 2022 | $1,782,803 | $4,346,717 | $11,829,428 | 155 | 155 | 2.44 |
| 2023 | $820,851 | $1,903,063 | $5,067,140 | 75 | 75 | 2.32 |
| 2024 | $910,500 | $1,837,151 | $5,608,495 | 107 | 107 | 2.02 |
Commodities insured in Accomack 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.
Soybeans 10 years filed
- 1.30Low end of the filed band
- 2.03Middle of the filed band
- 2.44High end of the filed band
- 2020Worst year filed (3.59)
- 10Years filed
- $4,690,362Premium filed
- $10,267,927Indemnity paid
- $26,713,780Liability insured
- 90,451Quantity planted
- 89,403Quantity lost
- 738Policies
- 738Policies with a loss
- 2.19Loss ratio, whole span
Causes that carried the indemnity in Accomack County
- Drought $8,009,156 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $1,255,895 indemnity · 10 years
- Wildlife $381,258 indemnity · 8 years
- Heat $344,443 indemnity · 4 years
- Decline in Price $217,813 indemnity · 7 years
- Flood $28,463 indemnity · 1 years
Corn 10 years filed
- 0.75Low end of the filed band
- 2.80Middle of the filed band
- 4.44High end of the filed band
- 2023Worst year filed (4.48)
- 10Years filed
- $2,067,746Premium filed
- $5,835,211Indemnity paid
- $16,834,838Liability insured
- 37,042Quantity planted
- 34,447Quantity lost
- 300Policies
- 300Policies with a loss
- 2.82Loss ratio, whole span
Causes that carried the indemnity in Accomack County
- Drought $3,898,078 indemnity · 8 years
- Heat $951,630 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $505,272 indemnity · 9 years
- Wildlife $150,980 indemnity · 3 years
- Cold Wet Weather $97,792 indemnity · 2 years
- Hail $76,360 indemnity · 2 years
Potatoes 10 years filed
- 1.37Low end of the filed band
- 2.54Middle of the filed band
- 4.42High end of the filed band
- 2021Worst year filed (4.66)
- 10Years filed
- $1,514,378Premium filed
- $3,944,342Indemnity paid
- $7,547,956Liability insured
- 3,493Quantity planted
- 3,493Quantity lost
- 50Policies
- 50Policies with a loss
- 2.60Loss ratio, whole span
Causes that carried the indemnity in Accomack County
- Heat $1,876,344 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $1,822,604 indemnity · 6 years
- Drought $245,394 indemnity · 3 years
Wheat 10 years filed
- 1.62Low end of the filed band
- 3.55Middle of the filed band
- 6.17High end of the filed band
- 2021Worst year filed (6.64)
- 10Years filed
- $475,826Premium filed
- $1,772,998Indemnity paid
- $3,252,838Liability insured
- 13,675Quantity planted
- 13,676Quantity lost
- 143Policies
- 143Policies with a loss
- 3.73Loss ratio, whole span
Causes that carried the indemnity in Accomack County
- Excess Moisture/Precipitation/Rain $859,416 indemnity · 8 years
- Cold Wet Weather $618,928 indemnity · 10 years
- Drought $113,067 indemnity · 6 years
- Wildlife $87,415 indemnity · 4 years
- Decline in Price $39,959 indemnity · 5 years
- Cold Winter $35,021 indemnity · 1 years
Every county-crop the agency files in Virginia → Buy the Accomack 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.