Crop-loss band · South Carolina
Cotton in South Carolina
- 1.17Low end of the filed band
- 2.16Middle of the filed band
- 2.73High end of the filed band
- 2015Worst year filed (3.95)
- 10Years filed
Every year the Risk Management Agency has filed for Cotton in South Carolina, summed across the 23 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.17 at the low end to 2.73 at the high end, with 2.16 in the middle. The worst year filed is 2015, at 3.95.
- $96,199,235Premium filed
- $235,748,204Indemnity paid
- $453,404,572Liability insured
- 9,923Policies
- 9,904Policies with a loss
- 716,901Quantity planted
- 1,273,008Quantity lost
Cotton in South Carolina, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $13,449,485 | $53,130,622 | $70,051,023 | 1,641 | 1,634 | 3.95 |
| 2016 | $8,075,983 | $20,845,116 | $38,805,116 | 886 | 884 | 2.58 |
| 2017 | $3,121,311 | $3,650,258 | $11,654,382 | 307 | 307 | 1.17 |
| 2018 | $13,258,576 | $35,378,645 | $70,182,631 | 1,343 | 1,342 | 2.67 |
| 2019 | $13,252,355 | $24,825,796 | $59,445,604 | 1,270 | 1,270 | 1.87 |
| 2020 | $7,965,995 | $21,717,665 | $34,179,435 | 1,047 | 1,045 | 2.73 |
| 2021 | $1,561,895 | $3,538,928 | $7,571,774 | 196 | 192 | 2.27 |
| 2022 | $17,297,176 | $37,376,665 | $71,923,910 | 1,348 | 1,347 | 2.16 |
| 2023 | $5,060,684 | $8,533,062 | $22,200,804 | 534 | 534 | 1.69 |
| 2024 | $13,155,775 | $26,751,447 | $67,389,894 | 1,351 | 1,349 | 2.03 |
Every county-crop the agency files in South 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.