Crop-loss band · Virginia
Suffolk city, Virginia — crop-loss band
- 1.14Low end of the filed band
- 1.58Middle of the filed band
- 2.70High end of the filed band
- 2020Worst year filed (3.89)
- 10Years filed
Every year the Risk Management Agency has filed for Suffolk city 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 1.14 at the low end to 2.70 at the high end, with 1.58 in the middle. The worst year filed is 2020, at 3.89. 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 | $732,058 | $1,967,659 | $6,838,387 | 137 | 137 | 2.69 |
| 2016 | $600,081 | $1,622,917 | $5,168,059 | 130 | 130 | 2.70 |
| 2017 | $162,313 | $252,470 | $1,582,842 | 57 | 57 | 1.56 |
| 2018 | $142,881 | $212,195 | $1,558,542 | 46 | 46 | 1.49 |
| 2019 | $158,678 | $181,165 | $1,898,235 | 48 | 48 | 1.14 |
| 2020 | $812,796 | $3,159,509 | $8,951,737 | 162 | 162 | 3.89 |
| 2021 | $92,653 | $132,052 | $1,092,835 | 27 | 26 | 1.43 |
| 2022 | $417,481 | $1,014,619 | $4,413,162 | 64 | 64 | 2.43 |
| 2023 | $107,068 | $169,299 | $1,143,671 | 40 | 40 | 1.58 |
| 2024 | $301,397 | $527,893 | $3,102,516 | 101 | 101 | 1.75 |
Commodities insured in Suffolk city
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.
Cotton 10 years filed
- 0.44Low end of the filed band
- 1.81Middle of the filed band
- 3.06High end of the filed band
- 2020Worst year filed (3.86)
- 10Years filed
- $1,867,291Premium filed
- $5,351,198Indemnity paid
- $18,106,797Liability insured
- 34,554Quantity planted
- 44,314Quantity lost
- 323Policies
- 323Policies with a loss
- 2.87Loss ratio, whole span
Causes that carried the indemnity in Suffolk city
- Excess Moisture/Precipitation/Rain $2,829,295 indemnity · 8 years
- Drought $1,094,306 indemnity · 9 years
- ARPI/SCO/STAX Crops Only $840,043 indemnity · 3 years
- Cold Wet Weather $380,531 indemnity · 2 years
- Decline in Price $154,584 indemnity · 5 years
- XX $35,196 indemnity · 4 years
Soybeans 10 years filed
- 0.65Low end of the filed band
- 1.48Middle of the filed band
- 3.03High end of the filed band
- 2020Worst year filed (3.72)
- 10Years filed
- $905,608Premium filed
- $2,050,251Indemnity paid
- $10,324,506Liability insured
- 34,521Quantity planted
- 29,907Quantity lost
- 299Policies
- 298Policies with a loss
- 2.26Loss ratio, whole span
Causes that carried the indemnity in Suffolk city
- Drought $1,004,189 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $790,283 indemnity · 10 years
- Decline in Price $115,080 indemnity · 6 years
- Wildlife $60,620 indemnity · 8 years
- Heat $38,099 indemnity · 2 years
- Hurricane/Tropical Depression $19,900 indemnity · 1 years
Corn 10 years filed
- 0.47Low end of the filed band
- 1.76Middle of the filed band
- 3.68High end of the filed band
- 2020Worst year filed (3.97)
- 10Years filed
- $754,507Premium filed
- $1,838,329Indemnity paid
- $7,318,683Liability insured
- 17,064Quantity planted
- 16,484Quantity lost
- 190Policies
- 190Policies with a loss
- 2.44Loss ratio, whole span
Causes that carried the indemnity in Suffolk city
- Drought $1,393,053 indemnity · 8 years
- Heat $175,260 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $145,848 indemnity · 8 years
- Decline in Price $55,038 indemnity · 5 years
- XX $40,989 indemnity · 2 years
- Cold Wet Weather $15,846 indemnity · 2 years
Every county-crop the agency files in Virginia → Buy the Suffolk city 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.