Crop-loss band · Virginia
Westmoreland County, Virginia — crop-loss band
- 0.68Low end of the filed band
- 1.69Middle of the filed band
- 2.50High end of the filed band
- 2023Worst year filed (3.13)
- 10Years filed
Every year the Risk Management Agency has filed for Westmoreland County is in the series below, from 2016 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 0.68 at the low end to 2.50 at the high end, with 1.69 in the middle. The worst year filed is 2023, at 3.13. 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 | $120,454 | $148,801 | $751,520 | 37 | 37 | 1.24 |
| 2016 | $252,409 | $254,281 | $1,242,640 | 56 | 56 | 1.01 |
| 2017 | $29,575 | $20,222 | $209,912 | 23 | 23 | 0.68 |
| 2018 | $154,191 | $364,864 | $1,243,218 | 95 | 95 | 2.37 |
| 2019 | $117,864 | $199,168 | $1,013,234 | 37 | 37 | 1.69 |
| 2020 | $79,664 | $199,163 | $629,047 | 15 | 15 | 2.50 |
| 2021 | $20,186 | $23,326 | $180,146 | 6 | 6 | 1.16 |
| 2022 | $261,685 | $479,512 | $1,696,371 | 35 | 35 | 1.83 |
| 2023 | $121,310 | $379,353 | $865,298 | 20 | 20 | 3.13 |
| 2024 | $1,053,572 | $2,115,632 | $6,583,270 | 210 | 210 | 2.01 |
Commodities insured in Westmoreland 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.
Corn 9 years filed
- 0.59Low end of the filed band
- 1.34Middle of the filed band
- 5.50High end of the filed band
- 2021Worst year filed (5.50)
- 9Years filed
- $1,325,641Premium filed
- $2,451,883Indemnity paid
- $8,247,566Liability insured
- 16,094Quantity planted
- 16,102Quantity lost
- 251Policies
- 251Policies with a loss
- 1.85Loss ratio, whole span
Causes that carried the indemnity in Westmoreland County
- Drought $1,311,945 indemnity · 6 years
- Heat $511,478 indemnity · 5 years
- XX $321,121 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $127,440 indemnity · 8 years
- Decline in Price $81,983 indemnity · 4 years
- Hurricane/Tropical Depression $46,064 indemnity · 1 years
Soybeans 10 years filed
- 0.51Low end of the filed band
- 1.53Middle of the filed band
- 2.12High end of the filed band
- 2023Worst year filed (3.32)
- 10Years filed
- $885,269Premium filed
- $1,732,439Indemnity paid
- $6,167,090Liability insured
- 19,152Quantity planted
- 17,791Quantity lost
- 283Policies
- 283Policies with a loss
- 1.96Loss ratio, whole span
Causes that carried the indemnity in Westmoreland County
- Drought $1,182,636 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $269,567 indemnity · 9 years
- Decline in Price $86,729 indemnity · 7 years
- XX $74,853 indemnity · 6 years
- Heat $47,707 indemnity · 5 years
- Wildlife $45,666 indemnity · 6 years
Every county-crop the agency files in Virginia → Buy the Westmoreland 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.