Crop-loss band · Minnesota
Apiculture in Minnesota
- 0.98Low end of the filed band
- 1.80Middle of the filed band
- 3.52High end of the filed band
- 2021Worst year filed (3.52)
- 9Years filed
Every year the Risk Management Agency has filed for Apiculture in Minnesota, summed across the 6 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 0.98 at the low end to 3.52 at the high end, with 1.80 in the middle. The worst year filed is 2021, at 3.52.
- $2,680,518Premium filed
- $5,687,021Indemnity paid
- $16,206,320Liability insured
- 525Policies
- 525Policies with a loss
- 90,812Quantity planted
- 0Quantity lost
Apiculture in Minnesota, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2016 | $51,317 | $50,170 | $339,614 | 15 | 15 | 0.98 |
| 2017 | $189,143 | $386,855 | $1,156,588 | 44 | 44 | 2.05 |
| 2018 | $163,907 | $260,053 | $1,050,495 | 47 | 47 | 1.59 |
| 2019 | $82,302 | $126,469 | $642,042 | 37 | 37 | 1.54 |
| 2020 | $317,781 | $897,389 | $1,731,730 | 55 | 55 | 2.82 |
| 2021 | $393,707 | $1,387,305 | $2,630,234 | 56 | 56 | 3.52 |
| 2022 | $500,137 | $963,863 | $2,869,603 | 75 | 75 | 1.93 |
| 2023 | $711,628 | $1,277,489 | $4,461,226 | 123 | 123 | 1.80 |
| 2024 | $270,596 | $337,428 | $1,324,788 | 73 | 73 | 1.25 |
Every county-crop the agency files in Minnesota → 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.