Crop-loss band · North Carolina
Whole Farm Revenue Protection in North Carolina
- 0.95Low end of the filed band
- 1.57Middle of the filed band
- 2.78High end of the filed band
- 2016Worst year filed (5.39)
- 10Years filed
Every year the Risk Management Agency has filed for Whole Farm Revenue Protection in North Carolina, summed across the 8 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 0.95 at the low end to 2.78 at the high end, with 1.57 in the middle. The worst year filed is 2016, at 5.39.
- $38,433,207Premium filed
- $76,808,543Indemnity paid
- $473,487,491Liability insured
- 369Policies
- 369Policies with a loss
- 0Quantity planted
- 0Quantity lost
Whole Farm Revenue Protection in North Carolina, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $19,360 | $26,781 | $391,118 | 2 | 2 | 1.38 |
| 2016 | $973,222 | $5,241,169 | $21,841,626 | 18 | 18 | 5.39 |
| 2017 | $2,722,170 | $7,058,327 | $61,055,262 | 30 | 30 | 2.59 |
| 2018 | $4,567,856 | $9,251,908 | $55,337,544 | 50 | 50 | 2.03 |
| 2019 | $3,405,116 | $5,336,421 | $38,241,853 | 35 | 35 | 1.57 |
| 2020 | $5,375,640 | $11,622,986 | $65,535,734 | 49 | 49 | 2.16 |
| 2021 | $7,958,317 | $7,554,660 | $76,404,551 | 54 | 54 | 0.95 |
| 2022 | $2,556,633 | $3,640,495 | $34,002,535 | 28 | 28 | 1.42 |
| 2023 | $1,825,992 | $1,956,302 | $22,940,335 | 19 | 19 | 1.07 |
| 2024 | $9,028,901 | $25,119,494 | $97,736,933 | 84 | 84 | 2.78 |
Every county-crop the agency files in North Carolina → 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.