Crop-loss band · Florida
Corn in Florida
- 1.91Low end of the filed band
- 2.80Middle of the filed band
- 4.02High end of the filed band
- 2020Worst year filed (4.09)
- 10Years filed
Every year the Risk Management Agency has filed for Corn in Florida, summed across the 5 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.91 at the low end to 4.02 at the high end, with 2.80 in the middle. The worst year filed is 2020, at 4.09.
- $3,564,391Premium filed
- $11,192,011Indemnity paid
- $16,138,383Liability insured
- 551Policies
- 550Policies with a loss
- 31,511Quantity planted
- 32,294Quantity lost
Corn in Florida, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $100,053 | $216,125 | $657,500 | 35 | 35 | 2.16 |
| 2016 | $209,863 | $400,022 | $632,824 | 49 | 49 | 1.91 |
| 2017 | $58,234 | $234,151 | $339,652 | 19 | 19 | 4.02 |
| 2018 | $66,706 | $249,559 | $478,953 | 31 | 31 | 3.74 |
| 2019 | $110,677 | $308,734 | $434,078 | 58 | 58 | 2.79 |
| 2020 | $169,345 | $693,262 | $932,825 | 32 | 31 | 4.09 |
| 2021 | $293,609 | $821,516 | $1,019,782 | 50 | 50 | 2.80 |
| 2022 | $470,631 | $1,304,859 | $2,190,667 | 54 | 54 | 2.77 |
| 2023 | $891,152 | $2,851,563 | $3,929,234 | 72 | 72 | 3.20 |
| 2024 | $1,194,121 | $4,112,220 | $5,522,868 | 151 | 151 | 3.44 |
Every county-crop the agency files in Florida → 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.