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Crop-loss band · Florida
Miami-Dade County, Florida — crop-loss band
- 2.06Low end of the band
- 3.40Middle of the band
- 8.12High end of the band
- 2017Worst year (8.42)
- 10Years filed
Miami-Dade County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $150,542 | $390,134 | $1,421,228 | 18 | 18 | 2.59 |
| 2016 | $1,397,899 | $2,884,625 | $17,880,812 | 31 | 31 | 2.06 |
| 2017 | $352,127 | $2,966,230 | $4,574,389 | 54 | 54 | 8.42 |
| 2018 | $9,991,347 | $81,172,499 | $180,691,832 | 161 | 160 | 8.12 |
| 2019 | $1,103,317 | $3,991,700 | $19,630,167 | 27 | 27 | 3.62 |
| 2020 | $997,735 | $4,839,639 | $21,681,665 | 43 | 43 | 4.85 |
| 2021 | $1,370,765 | $4,659,634 | $16,908,228 | 29 | 29 | 3.40 |
| 2022 | $2,982,709 | $7,262,276 | $44,095,349 | 38 | 38 | 2.43 |
| 2023 | $21,194,580 | $67,005,472 | $172,363,823 | 94 | 94 | 3.16 |
| 2024 | $3,373,892 | $19,730,727 | $50,454,186 | 45 | 45 | 5.85 |
4 commodities insured in Miami-Dade County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Nursery (FG&C) | 9 | 1.75 | 3.15 | 8.34 | 2018 (8.34) | 4.58 |
| Fresh Market Sweet Corn | 10 | 1.14 | 2.75 | 4.90 | 2022 (7.78) | 3.08 |
| Avocados | 10 | 1.91 | 7.93 | 13.90 | 2017 (19.76) | 10.03 |
| Apiculture | 10 | 0.39 | 0.97 | 1.83 | 2015 (1.96) | 1.27 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Nursery (FG&C) | $40,369,511 | $185,083,433 | $501,979,275 | 0 | 0 | 239 | 239 |
| Fresh Market Sweet Corn | $1,794,062 | $5,532,588 | $17,440,577 | 7,200 | 6,365 | 66 | 66 |
| Avocados | $380,747 | $3,817,913 | $8,309,896 | 2,724 | 2,724 | 134 | 133 |
| Apiculture | $370,593 | $469,002 | $1,971,931 | 13,140 | 0 | 101 | 101 |
Causes that carried Miami-Dade County’s indemnity
Nursery (FG&C)
- Hurricane/Tropical Depression $97,920,531 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $35,573,540 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $31,357,528 indemnity · 7 years
- Freeze $8,549,952 indemnity · 2 years
- Tornado $6,865,860 indemnity · 2 years
- Plant Disease $1,072,856 indemnity · 3 years
Fresh Market Sweet Corn
- Excess Moisture/Precipitation/Rain $2,727,746 indemnity · 10 years
- Insects $1,389,325 indemnity · 3 years
- Wind/Excess Wind $1,382,455 indemnity · 8 years
- Frost $12,916 indemnity · 2 years
- Flood $12,528 indemnity · 1 years
- Plant Disease $7,618 indemnity · 1 years
Avocados
- Hurricane/Tropical Depression $2,176,232 indemnity · 4 years
- Wind/Excess Wind $727,038 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $312,927 indemnity · 7 years
- Plant Disease $207,042 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $200,434 indemnity · 1 years
- Frost $54,380 indemnity · 2 years
Apiculture
- ARPI/SCO/STAX Crops Only $469,002 indemnity · 10 years
All county-crop bands in Florida →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.