Crop-loss band · New Mexico
Pasture,Rangeland,Forage in New Mexico
- 0.90Low end of the filed band
- 1.70Middle of the filed band
- 1.90High end of the filed band
- 2020Worst year filed (2.43)
- 10Years filed
Every year the Risk Management Agency has filed for Pasture,Rangeland,Forage in New Mexico, summed across the 15 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 0.90 at the low end to 1.90 at the high end, with 1.70 in the middle. The worst year filed is 2020, at 2.43.
- $179,938,238Premium filed
- $315,924,687Indemnity paid
- $658,980,728Liability insured
- 23,186Policies
- 23,186Policies with a loss
- 58,271,843Quantity planted
- 0Quantity lost
Pasture,Rangeland,Forage in New Mexico, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $158,811 | $142,767 | $699,959 | 17 | 17 | 0.90 |
| 2016 | $3,525,680 | $4,377,499 | $13,359,996 | 423 | 423 | 1.24 |
| 2017 | $5,632,752 | $8,711,314 | $18,967,790 | 658 | 658 | 1.55 |
| 2018 | $12,103,259 | $21,656,340 | $44,967,561 | 1,208 | 1,208 | 1.79 |
| 2019 | $9,853,184 | $16,785,838 | $41,285,690 | 1,123 | 1,123 | 1.70 |
| 2020 | $19,097,148 | $46,336,684 | $76,130,149 | 3,174 | 3,174 | 2.43 |
| 2021 | $25,679,963 | $45,589,397 | $87,589,149 | 2,938 | 2,938 | 1.78 |
| 2022 | $30,543,259 | $58,126,229 | $104,781,327 | 4,074 | 4,074 | 1.90 |
| 2023 | $40,384,153 | $68,453,764 | $149,917,452 | 5,197 | 5,197 | 1.70 |
| 2024 | $32,960,029 | $45,744,855 | $121,281,655 | 4,374 | 4,374 | 1.39 |
Every county-crop the agency files in New Mexico → 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.