Crop-loss band · Alabama
Corn in Alabama
- 1.94Low end of the filed band
- 2.35Middle of the filed band
- 3.20High end of the filed band
- 2024Worst year filed (3.31)
- 10Years filed
Every year the Risk Management Agency has filed for Corn in Alabama, summed across the 26 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.94 at the low end to 3.20 at the high end, with 2.35 in the middle. The worst year filed is 2024, at 3.31.
- $33,774,383Premium filed
- $93,598,660Indemnity paid
- $258,927,170Liability insured
- 4,939Policies
- 4,934Policies with a loss
- 531,347Quantity planted
- 531,975Quantity lost
Corn in Alabama, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $1,071,009 | $2,082,435 | $4,635,143 | 229 | 229 | 1.94 |
| 2016 | $5,471,746 | $12,840,672 | $41,487,294 | 856 | 855 | 2.35 |
| 2017 | $781,137 | $1,984,283 | $4,172,944 | 130 | 129 | 2.54 |
| 2018 | $828,155 | $1,944,523 | $5,184,418 | 196 | 196 | 2.35 |
| 2019 | $2,233,015 | $6,017,988 | $12,658,067 | 502 | 499 | 2.70 |
| 2020 | $1,724,917 | $5,207,835 | $11,839,785 | 376 | 376 | 3.02 |
| 2021 | $1,655,152 | $3,312,173 | $7,863,354 | 206 | 206 | 2.00 |
| 2022 | $7,298,064 | $23,368,114 | $64,709,578 | 628 | 628 | 3.20 |
| 2023 | $3,926,684 | $7,796,009 | $24,919,945 | 367 | 367 | 1.99 |
| 2024 | $8,784,504 | $29,044,628 | $81,456,642 | 1,449 | 1,449 | 3.31 |
Every county-crop the agency files in Alabama → Buy one county-crop’s 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, summed to the commodity and state. The loss ratio is the agency’s own published column, re-derived at this grain.