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Crop-loss band · Indiana
Washington County, Indiana — crop-loss band
- 0.67Low end of the band
- 1.22Middle of the band
- 2.40High end of the band
- 2015Worst year (3.36)
- 10Years filed
Washington County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $821,166 | $2,760,414 | $5,223,746 | 108 | 108 | 3.36 |
| 2016 | $1,207,876 | $1,675,838 | $7,166,892 | 151 | 151 | 1.39 |
| 2017 | $1,096,865 | $730,392 | $7,509,330 | 157 | 157 | 0.67 |
| 2018 | $715,795 | $1,626,756 | $6,218,297 | 119 | 115 | 2.27 |
| 2019 | $1,903,240 | $4,012,141 | $14,554,433 | 307 | 307 | 2.11 |
| 2020 | $319,512 | $364,845 | $2,988,370 | 72 | 72 | 1.14 |
| 2021 | $629,783 | $1,510,016 | $5,138,072 | 93 | 93 | 2.40 |
| 2022 | $742,856 | $852,299 | $5,040,648 | 66 | 66 | 1.15 |
| 2023 | $519,081 | $632,960 | $4,397,033 | 41 | 41 | 1.22 |
| 2024 | $1,193,281 | $1,444,791 | $9,894,874 | 96 | 96 | 1.21 |
2 commodities insured in Washington County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Corn | 10 | 0.69 | 0.92 | 3.22 | 2021 (4.61) | 1.79 |
| Soybeans | 10 | 0.65 | 1.35 | 2.41 | 2015 (3.66) | 1.62 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Corn | $4,437,525 | $7,953,971 | $30,436,645 | 61,420 | 57,608 | 535 | 533 |
| Soybeans | $4,711,930 | $7,656,481 | $37,695,050 | 90,546 | 80,938 | 675 | 673 |
Causes that carried Washington County’s indemnity
Corn
- Excess Moisture/Precipitation/Rain $6,355,842 indemnity · 10 years
- Flood $824,979 indemnity · 6 years
- Drought $395,242 indemnity · 6 years
- Decline in Price $151,452 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $59,325 indemnity · 2 years
- Plant Disease $57,197 indemnity · 2 years
Soybeans
- Excess Moisture/Precipitation/Rain $4,582,021 indemnity · 10 years
- Drought $1,844,564 indemnity · 9 years
- Flood $504,131 indemnity · 5 years
- Plant Disease $208,029 indemnity · 2 years
- Decline in Price $196,931 indemnity · 6 years
- Wildlife $77,706 indemnity · 8 years
All county-crop bands in Indiana →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.