Crop-loss band · Virginia
Southampton County, Virginia — crop-loss band
- 1.33Low end of the filed band
- 2.06Middle of the filed band
- 2.77High end of the filed band
- 2020Worst year filed (2.89)
- 10Years filed
Every year the Risk Management Agency has filed for Southampton 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 1.33 at the low end to 2.77 at the high end, with 2.06 in the middle. The worst year filed is 2020, at 2.89. 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 | $1,005,719 | $2,285,627 | $9,446,954 | 414 | 412 | 2.27 |
| 2016 | $1,474,767 | $4,077,737 | $14,498,564 | 505 | 504 | 2.77 |
| 2017 | $160,029 | $281,579 | $1,140,915 | 80 | 80 | 1.76 |
| 2018 | $370,772 | $762,818 | $3,394,217 | 192 | 192 | 2.06 |
| 2019 | $291,895 | $671,379 | $2,664,337 | 215 | 215 | 2.30 |
| 2020 | $1,495,867 | $4,317,460 | $17,013,309 | 532 | 532 | 2.89 |
| 2021 | $247,219 | $479,456 | $2,310,640 | 101 | 101 | 1.94 |
| 2022 | $1,226,475 | $1,706,674 | $11,748,402 | 201 | 201 | 1.39 |
| 2023 | $537,772 | $712,853 | $4,960,621 | 98 | 98 | 1.33 |
| 2024 | $891,206 | $2,094,170 | $7,894,228 | 292 | 292 | 2.35 |
Commodities insured in Southampton 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.
Cotton 10 years filed
- 0.92Low end of the filed band
- 2.04Middle of the filed band
- 4.08High end of the filed band
- 2019Worst year filed (4.20)
- 10Years filed
- $3,693,066Premium filed
- $8,783,903Indemnity paid
- $42,196,686Liability insured
- 69,249Quantity planted
- 74,129Quantity lost
- 913Policies
- 913Policies with a loss
- 2.38Loss ratio, whole span
Causes that carried the indemnity in Southampton County
- Drought $4,336,418 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $2,696,081 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $632,926 indemnity · 2 years
- Decline in Price $389,861 indemnity · 8 years
- XX $294,287 indemnity · 5 years
- Hurricane/Tropical Depression $270,377 indemnity · 4 years
Soybeans 10 years filed
- 1.20Low end of the filed band
- 1.88Middle of the filed band
- 2.56High end of the filed band
- 2020Worst year filed (2.85)
- 10Years filed
- $2,412,521Premium filed
- $4,902,098Indemnity paid
- $18,445,339Liability insured
- 59,717Quantity planted
- 56,263Quantity lost
- 1,162Policies
- 1,159Policies with a loss
- 2.03Loss ratio, whole span
Causes that carried the indemnity in Southampton County
- Drought $2,459,939 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $1,748,907 indemnity · 9 years
- Wildlife $271,080 indemnity · 10 years
- Decline in Price $184,649 indemnity · 7 years
- Heat $156,328 indemnity · 7 years
- XX $75,089 indemnity · 7 years
Corn 9 years filed
- 0.57Low end of the filed band
- 1.03Middle of the filed band
- 4.59High end of the filed band
- 2022Worst year filed (4.59)
- 9Years filed
- $1,343,637Premium filed
- $2,938,599Indemnity paid
- $11,609,794Liability insured
- 22,538Quantity planted
- 20,814Quantity lost
- 387Policies
- 387Policies with a loss
- 2.19Loss ratio, whole span
Causes that carried the indemnity in Southampton County
- Drought $2,087,572 indemnity · 6 years
- Heat $492,401 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $150,375 indemnity · 8 years
- Decline in Price $107,370 indemnity · 5 years
- Hurricane/Tropical Depression $55,831 indemnity · 2 years
- All Other Causes $28,371 indemnity · 3 years
Wheat 10 years filed
- 0.64Low end of the filed band
- 2.95Middle of the filed band
- 4.18High end of the filed band
- 2019Worst year filed (4.53)
- 10Years filed
- $252,497Premium filed
- $765,153Indemnity paid
- $2,820,367Liability insured
- 10,207Quantity planted
- 10,144Quantity lost
- 168Policies
- 168Policies with a loss
- 3.03Loss ratio, whole span
Causes that carried the indemnity in Southampton County
- Excess Moisture/Precipitation/Rain $440,342 indemnity · 7 years
- Cold Wet Weather $136,797 indemnity · 5 years
- Drought $71,417 indemnity · 6 years
- Decline in Price $54,900 indemnity · 6 years
- Freeze $32,468 indemnity · 2 years
- Wildlife $11,850 indemnity · 2 years
Every county-crop the agency files in Virginia → Buy the Southampton 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.