Crop-loss band · Virginia
Caroline County, Virginia — crop-loss band
- 1.11Low end of the filed band
- 1.39Middle of the filed band
- 2.44High end of the filed band
- 2020Worst year filed (3.63)
- 10Years filed
Every year the Risk Management Agency has filed for Caroline 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 1.11 at the low end to 2.44 at the high end, with 1.39 in the middle. The worst year filed is 2020, at 3.63. 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 | $256,935 | $351,173 | $1,267,418 | 67 | 64 | 1.37 |
| 2016 | $446,055 | $619,062 | $2,690,809 | 73 | 73 | 1.39 |
| 2017 | $256,681 | $284,623 | $1,358,894 | 35 | 35 | 1.11 |
| 2018 | $287,800 | $485,439 | $1,804,291 | 103 | 103 | 1.69 |
| 2019 | $472,970 | $847,555 | $3,006,948 | 86 | 86 | 1.79 |
| 2020 | $836,973 | $3,041,192 | $6,118,585 | 142 | 142 | 3.63 |
| 2021 | $129,042 | $185,757 | $875,783 | 27 | 27 | 1.44 |
| 2022 | $167,993 | $202,068 | $1,109,560 | 26 | 26 | 1.20 |
| 2023 | $382,708 | $432,926 | $2,509,100 | 61 | 61 | 1.13 |
| 2024 | $1,241,855 | $3,034,412 | $7,892,261 | 203 | 203 | 2.44 |
Commodities insured in Caroline 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.
Corn 9 years filed
- 0.74Low end of the filed band
- 1.93Middle of the filed band
- 3.41High end of the filed band
- 2020Worst year filed (3.41)
- 9Years filed
- $2,598,024Premium filed
- $6,002,200Indemnity paid
- $16,632,900Liability insured
- 35,858Quantity planted
- 35,809Quantity lost
- 354Policies
- 354Policies with a loss
- 2.31Loss ratio, whole span
Causes that carried the indemnity in Caroline County
- Drought $3,531,495 indemnity · 9 years
- Heat $1,484,111 indemnity · 6 years
- XX $508,849 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $186,146 indemnity · 5 years
- Decline in Price $143,117 indemnity · 5 years
- Wind/Excess Wind $64,730 indemnity · 2 years
Soybeans 10 years filed
- 0.45Low end of the filed band
- 1.19Middle of the filed band
- 1.79High end of the filed band
- 2024Worst year filed (2.74)
- 10Years filed
- $1,384,476Premium filed
- $2,081,978Indemnity paid
- $8,194,529Liability insured
- 25,783Quantity planted
- 23,492Quantity lost
- 333Policies
- 330Policies with a loss
- 1.50Loss ratio, whole span
Causes that carried the indemnity in Caroline County
- Drought $1,058,786 indemnity · 10 years
- Heat $303,032 indemnity · 3 years
- XX $248,165 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $242,411 indemnity · 10 years
- Decline in Price $122,041 indemnity · 5 years
- Wildlife $62,283 indemnity · 10 years
Wheat 9 years filed
- 0.52Low end of the filed band
- 1.99Middle of the filed band
- 5.99High end of the filed band
- 2020Worst year filed (5.99)
- 9Years filed
- $496,512Premium filed
- $1,400,029Indemnity paid
- $3,806,220Liability insured
- 15,855Quantity planted
- 15,954Quantity lost
- 136Policies
- 136Policies with a loss
- 2.82Loss ratio, whole span
Causes that carried the indemnity in Caroline County
- Freeze $710,524 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $347,457 indemnity · 8 years
- Drought $200,231 indemnity · 6 years
- Decline in Price $87,619 indemnity · 5 years
- Cold Wet Weather $26,340 indemnity · 2 years
- Frost $15,041 indemnity · 1 years
Every county-crop the agency files in Virginia → Buy the Caroline 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.