Crop-loss band · Virginia
Surry County, Virginia — crop-loss band
- 0.90Low end of the filed band
- 1.56Middle of the filed band
- 1.85High end of the filed band
- 2020Worst year filed (2.94)
- 10Years filed
Every year the Risk Management Agency has filed for Surry 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 0.90 at the low end to 1.85 at the high end, with 1.56 in the middle. The worst year filed is 2020, at 2.94. 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 | $674,559 | $1,210,288 | $3,878,955 | 102 | 102 | 1.79 |
| 2016 | $423,502 | $782,363 | $2,658,023 | 60 | 60 | 1.85 |
| 2017 | $103,698 | $151,380 | $630,929 | 23 | 23 | 1.46 |
| 2018 | $108,214 | $156,562 | $803,904 | 30 | 30 | 1.45 |
| 2019 | $126,720 | $219,613 | $926,497 | 39 | 39 | 1.73 |
| 2020 | $269,551 | $792,636 | $2,695,158 | 58 | 58 | 2.94 |
| 2021 | $27,298 | $42,669 | $221,617 | 6 | 6 | 1.56 |
| 2022 | $411,604 | $491,558 | $1,852,524 | 39 | 39 | 1.19 |
| 2023 | $120,011 | $107,674 | $940,440 | 17 | 17 | 0.90 |
| 2024 | $596,676 | $1,036,813 | $5,003,158 | 89 | 89 | 1.74 |
Commodities insured in Surry 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.
Soybeans 10 years filed
- 0.71Low end of the filed band
- 1.34Middle of the filed band
- 1.97High end of the filed band
- 2020Worst year filed (1.99)
- 10Years filed
- $1,697,702Premium filed
- $2,560,499Indemnity paid
- $11,405,483Liability insured
- 42,114Quantity planted
- 37,916Quantity lost
- 292Policies
- 292Policies with a loss
- 1.51Loss ratio, whole span
Causes that carried the indemnity in Surry County
- Drought $1,438,992 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $870,719 indemnity · 9 years
- Decline in Price $105,642 indemnity · 4 years
- Heat $50,810 indemnity · 3 years
- Hurricane/Tropical Depression $49,937 indemnity · 1 years
- Wildlife $35,602 indemnity · 8 years
Corn 8 years filed
- 1.44Low end of the filed band
- 2.01Middle of the filed band
- 4.73High end of the filed band
- 2017Worst year filed (4.73)
- 8Years filed
- $589,831Premium filed
- $1,268,017Indemnity paid
- $5,085,372Liability insured
- 9,510Quantity planted
- 9,277Quantity lost
- 91Policies
- 91Policies with a loss
- 2.15Loss ratio, whole span
Causes that carried the indemnity in Surry County
- Drought $704,780 indemnity · 7 years
- Heat $418,206 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $51,350 indemnity · 4 years
- Decline in Price $44,252 indemnity · 1 years
- Hail $14,952 indemnity · 1 years
- Wind/Excess Wind $9,852 indemnity · 1 years
Cotton 8 years filed
- 1.00Low end of the filed band
- 1.77Middle of the filed band
- 4.32High end of the filed band
- 2020Worst year filed (4.32)
- 8Years filed
- $574,300Premium filed
- $1,163,040Indemnity paid
- $3,120,350Liability insured
- 4,648Quantity planted
- 13,376Quantity lost
- 80Policies
- 80Policies with a loss
- 2.03Loss ratio, whole span
Causes that carried the indemnity in Surry County
- ARPI/SCO/STAX Crops Only $588,725 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $289,393 indemnity · 5 years
- Drought $193,946 indemnity · 5 years
- Cold Wet Weather $85,126 indemnity · 1 years
- All Other Causes $2,721 indemnity · 1 years
- Decline in Price $1,999 indemnity · 2 years
Every county-crop the agency files in Virginia → Buy the Surry 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.