Crop-loss band · Virginia
Halifax County, Virginia — crop-loss band
- 1.73Low end of the filed band
- 2.33Middle of the filed band
- 2.76High end of the filed band
- 2018Worst year filed (3.01)
- 10Years filed
Every year the Risk Management Agency has filed for Halifax 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 1.73 at the low end to 2.76 at the high end, with 2.33 in the middle. The worst year filed is 2018, at 3.01. 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 | $479,111 | $1,308,532 | $3,126,135 | 168 | 168 | 2.73 |
| 2016 | $639,133 | $1,487,058 | $3,414,846 | 212 | 212 | 2.33 |
| 2017 | $572,791 | $1,076,322 | $2,565,978 | 120 | 120 | 1.88 |
| 2018 | $489,754 | $1,475,826 | $2,996,225 | 184 | 184 | 3.01 |
| 2019 | $712,393 | $1,968,845 | $4,207,110 | 202 | 202 | 2.76 |
| 2020 | $384,877 | $903,043 | $2,460,402 | 105 | 105 | 2.35 |
| 2021 | $516,714 | $945,339 | $2,358,469 | 102 | 101 | 1.83 |
| 2022 | $408,295 | $764,446 | $1,949,650 | 101 | 101 | 1.87 |
| 2023 | $332,444 | $575,448 | $1,557,570 | 82 | 82 | 1.73 |
| 2024 | $850,713 | $2,169,694 | $4,009,208 | 178 | 178 | 2.55 |
Commodities insured in Halifax 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.
Flue Cured Tobacco 10 years filed
- 2.55Low end of the filed band
- 3.30Middle of the filed band
- 4.04High end of the filed band
- 2015Worst year filed (4.13)
- 10Years filed
- $1,729,634Premium filed
- $6,157,188Indemnity paid
- $15,359,598Liability insured
- 4,870Quantity planted
- 4,875Quantity lost
- 415Policies
- 415Policies with a loss
- 3.56Loss ratio, whole span
Causes that carried the indemnity in Halifax County
- Drought $2,246,118 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $1,536,498 indemnity · 10 years
- Heat $797,538 indemnity · 9 years
- XX $423,854 indemnity · 8 years
- Hurricane/Tropical Depression $293,607 indemnity · 3 years
- ARPI/SCO/STAX/MP Crops Only $191,573 indemnity · 4 years
Soybeans 10 years filed
- 0.84Low end of the filed band
- 1.48Middle of the filed band
- 2.17High end of the filed band
- 2024Worst year filed (2.40)
- 10Years filed
- $2,479,906Premium filed
- $4,132,145Indemnity paid
- $9,009,470Liability insured
- 44,105Quantity planted
- 44,162Quantity lost
- 647Policies
- 647Policies with a loss
- 1.67Loss ratio, whole span
Causes that carried the indemnity in Halifax County
- Drought $2,221,724 indemnity · 9 years
- Heat $602,608 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $571,643 indemnity · 10 years
- XX $372,040 indemnity · 6 years
- Wildlife $126,563 indemnity · 10 years
- Decline in Price $61,950 indemnity · 7 years
Corn 10 years filed
- 0.73Low end of the filed band
- 1.71Middle of the filed band
- 3.36High end of the filed band
- 2018Worst year filed (3.59)
- 10Years filed
- $731,852Premium filed
- $1,618,452Indemnity paid
- $2,973,986Liability insured
- 9,218Quantity planted
- 9,605Quantity lost
- 154Policies
- 154Policies with a loss
- 2.21Loss ratio, whole span
Causes that carried the indemnity in Halifax County
- Drought $744,814 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $356,283 indemnity · 10 years
- All Other Causes $167,788 indemnity · 5 years
- Heat $133,544 indemnity · 8 years
- Flood $105,231 indemnity · 3 years
- Wildlife $40,866 indemnity · 3 years
Wheat 10 years filed
- 1.11Low end of the filed band
- 1.62Middle of the filed band
- 2.20High end of the filed band
- 2022Worst year filed (2.25)
- 10Years filed
- $444,832Premium filed
- $766,768Indemnity paid
- $1,302,539Liability insured
- 10,441Quantity planted
- 10,431Quantity lost
- 238Policies
- 237Policies with a loss
- 1.72Loss ratio, whole span
Causes that carried the indemnity in Halifax County
- Excess Moisture/Precipitation/Rain $592,639 indemnity · 10 years
- Drought $80,118 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $40,735 indemnity · 3 years
- Cold Wet Weather $23,968 indemnity · 2 years
- Freeze $12,840 indemnity · 4 years
- XX $9,941 indemnity · 3 years
Every county-crop the agency files in Virginia → Buy the Halifax 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.