Crop-loss band · Colorado

Dry Beans in Colorado

2.22Low end of the filed band
3.83Middle of the filed band
4.91High end of the filed band
2016Worst year filed (5.52)
10Years filed

Every year the Risk Management Agency has filed for Dry Beans in Colorado, summed across the 7 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 2.22 at the low end to 4.91 at the high end, with 3.83 in the middle. The worst year filed is 2016, at 5.52.

$5,314,590Premium filed
$20,045,305Indemnity paid
$35,519,609Liability insured
833Policies
833Policies with a loss
75,354Quantity planted
75,793Quantity lost

Dry Beans in Colorado, year by year

Year	Premium	Indemnity	Liability	Policies	Policies with a loss	Loss ratio
2015	$226,822	$812,284	$1,560,070	46	46	3.58
2016	$287,742	$1,589,619	$2,761,787	64	64	5.52
2017	$278,519	$1,126,290	$1,890,066	73	73	4.04
2018	$653,678	$3,057,333	$4,209,568	159	159	4.68
2019	$407,338	$1,937,223	$2,783,052	73	73	4.76
2020	$974,429	$2,404,485	$6,061,954	136	136	2.47
2021	$348,495	$801,820	$1,995,332	53	53	2.30
2022	$464,347	$1,031,426	$2,528,327	55	55	2.22
2023	$858,378	$3,284,491	$5,762,578	80	80	3.83
2024	$814,843	$4,000,334	$5,966,875	94	94	4.91

Every county-crop the agency files in Colorado → 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.