Crop-loss band · Michigan
Corn in Michigan
- 1.58Low end of the filed band
- 2.11Middle of the filed band
- 2.27High end of the filed band
- 2019Worst year filed (4.45)
- 10Years filed
Every year the Risk Management Agency has filed for Corn in Michigan, summed across the 53 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.58 at the low end to 2.27 at the high end, with 2.11 in the middle. The worst year filed is 2019, at 4.45.
- $168,615,471Premium filed
- $416,853,219Indemnity paid
- $1,655,459,471Liability insured
- 26,450Policies
- 26,423Policies with a loss
- 2,936,663Quantity planted
- 2,906,946Quantity lost
Corn in Michigan, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $11,258,979 | $24,162,748 | $104,833,772 | 2,076 | 2,076 | 2.15 |
| 2016 | $10,943,840 | $20,394,736 | $112,906,619 | 2,016 | 2,010 | 1.86 |
| 2017 | $13,691,504 | $24,284,846 | $131,969,405 | 2,214 | 2,209 | 1.77 |
| 2018 | $16,681,358 | $35,129,187 | $179,954,643 | 2,796 | 2,792 | 2.11 |
| 2019 | $32,539,175 | $144,901,176 | $262,246,814 | 6,095 | 6,092 | 4.45 |
| 2020 | $16,859,602 | $26,682,271 | $211,857,817 | 3,015 | 3,009 | 1.58 |
| 2021 | $4,599,014 | $10,444,862 | $43,062,761 | 859 | 858 | 2.27 |
| 2022 | $11,226,188 | $24,924,002 | $107,090,841 | 1,445 | 1,444 | 2.22 |
| 2023 | $38,605,206 | $79,886,543 | $387,431,929 | 3,997 | 3,997 | 2.07 |
| 2024 | $12,210,608 | $26,042,848 | $114,104,872 | 1,937 | 1,936 | 2.13 |
Every county-crop the agency files in Michigan →
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.
What this page shows
The Velarion Records public-records register page covers Crop-loss band for Corn in Michigan. It lists a low end of the filed band of 1.58, a middle of the filed band of 2.11, and a high end of the filed band of 2.27. The worst year filed is 2019 at 4.45, and the page covers 10 Years filed across the 53 counties that insure Corn in Michigan.