Crop-loss band · Alabama
Cotton in Alabama
- 1.76Low end of the filed band
- 1.98Middle of the filed band
- 2.43High end of the filed band
- 2020Worst year filed (2.76)
- 10Years filed
Every year the Risk Management Agency has filed for Cotton in Alabama, summed across the 33 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.76 at the low end to 2.43 at the high end, with 1.98 in the middle. The worst year filed is 2020, at 2.76.
- $107,522,099Premium filed
- $238,966,569Indemnity paid
- $541,339,471Liability insured
- 9,897Policies
- 9,895Policies with a loss
- 929,946Quantity planted
- 1,310,130Quantity lost
Cotton in Alabama, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $5,595,720 | $10,636,911 | $19,354,514 | 865 | 865 | 1.90 |
| 2016 | $1,796,192 | $3,471,823 | $7,222,663 | 291 | 291 | 1.93 |
| 2017 | $7,344,710 | $12,925,072 | $29,638,365 | 765 | 763 | 1.76 |
| 2018 | $12,202,544 | $29,085,691 | $52,063,388 | 1,177 | 1,177 | 2.38 |
| 2019 | $9,387,878 | $18,610,686 | $51,538,242 | 987 | 987 | 1.98 |
| 2020 | $13,265,936 | $36,583,410 | $73,303,350 | 1,253 | 1,253 | 2.76 |
| 2021 | $7,546,422 | $17,853,792 | $39,770,495 | 654 | 654 | 2.37 |
| 2022 | $18,005,861 | $33,372,492 | $84,671,809 | 1,193 | 1,193 | 1.85 |
| 2023 | $12,552,169 | $28,209,846 | $56,841,808 | 917 | 917 | 2.25 |
| 2024 | $19,824,666 | $48,216,846 | $126,934,837 | 1,795 | 1,795 | 2.43 |
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.