Crop-loss band · Montana
Flax in Montana
- 1.16Low end of the filed band
- 2.54Middle of the filed band
- 3.09High end of the filed band
- 2019Worst year filed (3.17)
- 10Years filed
Every year the Risk Management Agency has filed for Flax in Montana, summed across the 10 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.16 at the low end to 3.09 at the high end, with 2.54 in the middle. The worst year filed is 2019, at 3.17.
- $11,442,057Premium filed
- $30,924,244Indemnity paid
- $43,863,193Liability insured
- 1,134Policies
- 1,134Policies with a loss
- 277,128Quantity planted
- 279,772Quantity lost
Flax in Montana, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $113,488 | $131,244 | $492,930 | 18 | 18 | 1.16 |
| 2016 | $5,987 | $7,443 | $31,709 | 2 | 2 | 1.24 |
| 2017 | $291,407 | $840,784 | $1,542,365 | 92 | 92 | 2.89 |
| 2018 | $83,708 | $206,101 | $427,146 | 17 | 17 | 2.46 |
| 2019 | $433,956 | $1,374,831 | $1,776,998 | 40 | 40 | 3.17 |
| 2020 | $897,508 | $2,007,272 | $3,298,059 | 62 | 62 | 2.24 |
| 2021 | $3,069,671 | $9,470,650 | $12,169,000 | 374 | 374 | 3.09 |
| 2022 | $3,213,043 | $8,382,414 | $11,748,135 | 248 | 248 | 2.61 |
| 2023 | $1,977,066 | $5,057,717 | $6,999,763 | 132 | 132 | 2.56 |
| 2024 | $1,356,223 | $3,445,788 | $5,377,088 | 149 | 149 | 2.54 |
Every county-crop the agency files in Montana → 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.