Crop-loss band · Texas
Cotton in Texas
- 1.44Low end of the filed band
- 2.15Middle of the filed band
- 2.51High end of the filed band
- 2020Worst year filed (2.52)
- 10Years filed
Every year the Risk Management Agency has filed for Cotton in Texas, summed across the 148 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.44 at the low end to 2.51 at the high end, with 2.15 in the middle. The worst year filed is 2020, at 2.52.
- $4,606,826,309Premium filed
- $10,329,665,108Indemnity paid
- $13,773,896,095Liability insured
- 290,877Policies
- 290,738Policies with a loss
- 36,319,810Quantity planted
- 50,708,699Quantity lost
Cotton in Texas, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $132,319,039 | $191,181,016 | $407,371,559 | 11,740 | 11,739 | 1.44 |
| 2016 | $87,983,452 | $178,615,144 | $305,944,291 | 9,383 | 9,333 | 2.03 |
| 2017 | $205,545,090 | $447,396,769 | $690,205,377 | 18,799 | 18,764 | 2.18 |
| 2018 | $493,451,614 | $1,125,419,564 | $1,479,624,311 | 35,198 | 35,184 | 2.28 |
| 2019 | $393,508,178 | $846,579,317 | $1,425,751,813 | 32,377 | 32,361 | 2.15 |
| 2020 | $419,911,978 | $1,056,261,934 | $1,363,472,318 | 32,857 | 32,855 | 2.52 |
| 2021 | $214,407,123 | $492,010,159 | $684,841,378 | 13,045 | 13,036 | 2.29 |
| 2022 | $1,175,591,824 | $2,951,168,350 | $3,423,902,824 | 49,222 | 49,219 | 2.51 |
| 2023 | $761,662,134 | $1,604,594,845 | $2,053,487,053 | 44,357 | 44,355 | 2.11 |
| 2024 | $722,445,878 | $1,436,438,010 | $1,939,295,172 | 43,899 | 43,892 | 1.99 |
Every county-crop the agency files in Texas → 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.