Crop-loss band · New Jersey
Corn in New Jersey
- 1.68Low end of the filed band
- 2.15Middle of the filed band
- 3.04High end of the filed band
- 2022Worst year filed (4.61)
- 10Years filed
Every year the Risk Management Agency has filed for Corn in New Jersey, summed across the 6 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.68 at the low end to 3.04 at the high end, with 2.15 in the middle. The worst year filed is 2022, at 4.61.
- $5,816,291Premium filed
- $17,976,395Indemnity paid
- $58,757,337Liability insured
- 1,228Policies
- 1,223Policies with a loss
- 108,541Quantity planted
- 100,166Quantity lost
Corn in New Jersey, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $257,389 | $552,521 | $1,841,918 | 89 | 89 | 2.15 |
| 2016 | $410,583 | $906,639 | $3,062,722 | 124 | 120 | 2.21 |
| 2017 | $188,858 | $341,693 | $2,076,279 | 65 | 65 | 1.81 |
| 2018 | $621,452 | $1,890,994 | $7,504,105 | 229 | 228 | 3.04 |
| 2019 | $374,034 | $741,988 | $3,955,841 | 104 | 104 | 1.98 |
| 2020 | $166,320 | $499,235 | $1,849,009 | 67 | 67 | 3.00 |
| 2021 | $226,983 | $380,306 | $2,119,286 | 29 | 29 | 1.68 |
| 2022 | $2,039,021 | $9,394,950 | $21,300,607 | 270 | 270 | 4.61 |
| 2023 | $767,141 | $1,476,194 | $8,522,495 | 107 | 107 | 1.92 |
| 2024 | $764,510 | $1,791,875 | $6,525,075 | 144 | 144 | 2.34 |
Every county-crop the agency files in New Jersey →
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
This page of the Velarion Records public-records register covers the Crop-loss band for New Jersey Corn in New Jersey, with a loss ratio running from 1.68 at the low end to 3.04 at the high end and 2.15 in the middle. The worst year filed is 2022, at 4.61, across 10 Years filed summed over the 6 counties listed. The page also lists $ 5,816,291 Premium filed, $ 17,976,395 Indemnity paid, $ 58,757,337 Liability insured, 1,228 Policies, 1,223 Policies with a loss, 108,541 Quantity planted and 100,166 Quantity lost.