Crop-loss band · Florida
Whole Farm Revenue Protection in Florida
- 1.25Low end of the filed band
- 2.86Middle of the filed band
- 3.47High end of the filed band
- 2018Worst year filed (4.49)
- 10Years filed
Every year the Risk Management Agency has filed for Whole Farm Revenue Protection in Florida, summed across the 7 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.25 at the low end to 3.47 at the high end, with 2.86 in the middle. The worst year filed is 2018, at 4.49.
- $24,332,107Premium filed
- $58,942,896Indemnity paid
- $298,612,609Liability insured
- 309Policies
- 309Policies with a loss
- 0Quantity planted
- 0Quantity lost
Whole Farm Revenue Protection in Florida, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $52,331 | $180,511 | $597,035 | 3 | 3 | 3.45 |
| 2016 | $732,506 | $2,441,085 | $8,683,318 | 12 | 12 | 3.33 |
| 2017 | $1,044,092 | $3,623,748 | $16,343,194 | 24 | 24 | 3.47 |
| 2018 | $1,627,997 | $7,302,540 | $23,672,210 | 27 | 27 | 4.49 |
| 2019 | $2,281,541 | $5,318,741 | $26,907,155 | 30 | 30 | 2.33 |
| 2020 | $3,837,548 | $4,792,770 | $40,414,007 | 38 | 38 | 1.25 |
| 2021 | $4,018,024 | $8,478,259 | $49,300,421 | 38 | 38 | 2.11 |
| 2022 | $3,989,887 | $13,658,850 | $50,452,067 | 46 | 46 | 3.42 |
| 2023 | $2,062,179 | $5,895,949 | $23,935,369 | 42 | 42 | 2.86 |
| 2024 | $4,686,002 | $7,250,443 | $58,307,833 | 49 | 49 | 1.55 |
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.