Crop-loss band · Virginia
Prince George County, Virginia — crop-loss band
- 0.57Low end of the filed band
- 1.96Middle of the filed band
- 2.15High end of the filed band
- 2024Worst year filed (2.76)
- 10Years filed
Every year the Risk Management Agency has filed for Prince George 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 0.57 at the low end to 2.15 at the high end, with 1.96 in the middle. The worst year filed is 2024, at 2.76. 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 | $222,599 | $465,623 | $1,445,423 | 84 | 84 | 2.09 |
| 2016 | $159,678 | $342,907 | $1,030,389 | 51 | 51 | 2.15 |
| 2017 | $65,734 | $41,832 | $413,971 | 22 | 22 | 0.64 |
| 2018 | $107,829 | $192,478 | $757,751 | 43 | 43 | 1.79 |
| 2019 | $126,523 | $252,676 | $939,046 | 46 | 46 | 2.00 |
| 2020 | $88,311 | $172,752 | $904,775 | 24 | 24 | 1.96 |
| 2021 | $87,225 | $50,014 | $662,604 | 26 | 26 | 0.57 |
| 2022 | $122,105 | $257,022 | $854,195 | 16 | 16 | 2.10 |
| 2023 | $97,972 | $146,221 | $680,351 | 25 | 25 | 1.49 |
| 2024 | $283,759 | $783,292 | $2,467,844 | 87 | 87 | 2.76 |
Commodities insured in Prince George County
2 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
- 0.43Low end of the filed band
- 1.79Middle of the filed band
- 2.15High end of the filed band
- 2020Worst year filed (3.22)
- 10Years filed
- $987,041Premium filed
- $1,777,271Indemnity paid
- $6,665,121Liability insured
- 23,921Quantity planted
- 21,911Quantity lost
- 306Policies
- 306Policies with a loss
- 1.80Loss ratio, whole span
Causes that carried the indemnity in Prince George County
- Drought $1,146,500 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $457,527 indemnity · 9 years
- Decline in Price $58,795 indemnity · 5 years
- Wildlife $48,252 indemnity · 9 years
- XX $40,969 indemnity · 5 years
- Heat $18,656 indemnity · 4 years
Corn 8 years filed
- 1.10Low end of the filed band
- 1.27Middle of the filed band
- 3.20High end of the filed band
- 2024Worst year filed (3.20)
- 8Years filed
- $374,694Premium filed
- $927,546Indemnity paid
- $3,491,228Liability insured
- 7,310Quantity planted
- 6,044Quantity lost
- 118Policies
- 118Policies with a loss
- 2.48Loss ratio, whole span
Causes that carried the indemnity in Prince George County
- Drought $457,550 indemnity · 8 years
- Heat $183,190 indemnity · 3 years
- All Other Causes $108,442 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $82,220 indemnity · 6 years
- Decline in Price $46,669 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $43,463 indemnity · 1 years
Every county-crop the agency files in Virginia → Buy the Prince George 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.