Crop-loss band · Alabama
Wheat in Alabama
- 1.79Low end of the filed band
- 5.30Middle of the filed band
- 7.61High end of the filed band
- 2018Worst year filed (7.86)
- 10Years filed
Every year the Risk Management Agency has filed for Wheat in Alabama, summed across the 7 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.79 at the low end to 7.61 at the high end, with 5.30 in the middle. The worst year filed is 2018, at 7.86.
- $4,358,367Premium filed
- $23,614,439Indemnity paid
- $37,064,646Liability insured
- 1,404Policies
- 1,402Policies with a loss
- 181,811Quantity planted
- 181,884Quantity lost
Wheat in Alabama, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $49,532 | $142,358 | $498,748 | 28 | 28 | 2.87 |
| 2016 | $304,462 | $1,536,562 | $2,311,590 | 130 | 128 | 5.05 |
| 2017 | $659,329 | $3,495,828 | $5,080,204 | 379 | 379 | 5.30 |
| 2018 | $26,361 | $207,069 | $444,547 | 19 | 19 | 7.86 |
| 2019 | $725,770 | $5,519,565 | $8,384,991 | 423 | 423 | 7.61 |
| 2020 | $87,493 | $620,936 | $998,687 | 31 | 31 | 7.10 |
| 2021 | $29,123 | $205,177 | $321,265 | 14 | 14 | 7.05 |
| 2022 | $196,841 | $842,991 | $1,598,679 | 41 | 41 | 4.28 |
| 2023 | $926,635 | $1,657,334 | $6,147,346 | 94 | 94 | 1.79 |
| 2024 | $1,352,821 | $9,386,619 | $11,278,589 | 245 | 245 | 6.94 |
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.