Crop-loss band · Virginia
Corn in Virginia
- 0.92Low end of the filed band
- 2.17Middle of the filed band
- 2.99High end of the filed band
- 2021Worst year filed (3.33)
- 10Years filed
Every year the Risk Management Agency has filed for Corn in Virginia, summed across the 37 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 0.92 at the low end to 2.99 at the high end, with 2.17 in the middle. The worst year filed is 2021, at 3.33.
- $44,692,223Premium filed
- $112,686,310Indemnity paid
- $299,748,873Liability insured
- 8,792Policies
- 8,787Policies with a loss
- 638,408Quantity planted
- 623,706Quantity lost
Corn in Virginia, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $505,912 | $1,101,806 | $3,046,494 | 97 | 94 | 2.18 |
| 2016 | $2,997,364 | $2,766,181 | $15,643,358 | 398 | 398 | 0.92 |
| 2017 | $4,180,960 | $6,847,757 | $25,199,517 | 733 | 733 | 1.64 |
| 2018 | $2,305,140 | $4,849,008 | $15,055,452 | 673 | 673 | 2.10 |
| 2019 | $2,539,139 | $4,890,645 | $15,513,923 | 582 | 582 | 1.93 |
| 2020 | $7,106,786 | $19,240,694 | $50,674,232 | 1,115 | 1,115 | 2.71 |
| 2021 | $1,991,495 | $6,627,848 | $14,367,846 | 571 | 569 | 3.33 |
| 2022 | $1,429,395 | $3,103,305 | $9,598,381 | 218 | 218 | 2.17 |
| 2023 | $5,199,658 | $14,143,542 | $39,570,580 | 1,066 | 1,066 | 2.72 |
| 2024 | $16,436,375 | $49,115,524 | $111,079,090 | 3,339 | 3,339 | 2.99 |
Every county-crop the agency files in Virginia → 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.