Crop-loss band · Michigan
Apples in Michigan
- 1.23Low end of the filed band
- 1.63Middle of the filed band
- 2.03High end of the filed band
- 2021Worst year filed (2.48)
- 10Years filed
Every year the Risk Management Agency has filed for Apples in Michigan, summed across the 14 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.23 at the low end to 2.03 at the high end, with 1.63 in the middle. The worst year filed is 2021, at 2.48.
- $83,262,901Premium filed
- $148,997,204Indemnity paid
- $257,194,411Liability insured
- 2,083Policies
- 2,081Policies with a loss
- 43,972Quantity planted
- 44,215Quantity lost
Apples in Michigan, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $7,370,432 | $12,999,005 | $22,858,461 | 262 | 262 | 1.76 |
| 2016 | $4,746,192 | $7,086,351 | $12,716,928 | 150 | 150 | 1.49 |
| 2017 | $12,248,770 | $20,004,840 | $34,983,648 | 231 | 231 | 1.63 |
| 2018 | $5,764,839 | $7,096,336 | $15,087,190 | 94 | 94 | 1.23 |
| 2019 | $6,345,680 | $10,151,166 | $17,643,285 | 190 | 188 | 1.60 |
| 2020 | $4,999,092 | $10,141,088 | $15,711,897 | 152 | 152 | 2.03 |
| 2021 | $11,113,937 | $27,602,468 | $43,536,556 | 368 | 368 | 2.48 |
| 2022 | $4,635,361 | $7,563,963 | $14,291,301 | 167 | 167 | 1.63 |
| 2023 | $7,412,635 | $13,109,846 | $24,792,193 | 193 | 193 | 1.77 |
| 2024 | $18,625,964 | $33,242,141 | $55,572,953 | 276 | 276 | 1.78 |
Every county-crop the agency files in Michigan → 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.