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Crop-loss band · Kentucky
Owen County, Kentucky — crop-loss band
- 0.95Low end of the band
- 2.36Middle of the band
- 4.06High end of the band
- 2015Worst year (5.69)
- 10Years filed
Owen County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $160,710 | $913,729 | $1,667,745 | 31 | 31 | 5.69 |
| 2016 | $255,646 | $1,026,858 | $2,245,472 | 29 | 29 | 4.02 |
| 2017 | $294,111 | $1,053,885 | $2,339,956 | 32 | 32 | 3.58 |
| 2018 | $293,627 | $1,191,698 | $2,390,718 | 53 | 53 | 4.06 |
| 2019 | $462,873 | $1,368,552 | $2,820,145 | 64 | 64 | 2.96 |
| 2020 | $179,147 | $170,680 | $1,213,489 | 24 | 24 | 0.95 |
| 2021 | $112,032 | $186,667 | $659,762 | 13 | 13 | 1.67 |
| 2022 | $141,032 | $332,792 | $744,368 | 30 | 30 | 2.36 |
| 2023 | $113,436 | $176,594 | $819,195 | 41 | 41 | 1.56 |
| 2024 | $174,064 | $394,254 | $1,387,550 | 58 | 58 | 2.27 |
2 commodities insured in Owen County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Burley Tobacco | 10 | 0.93 | 2.53 | 4.02 | 2015 (5.69) | 3.44 |
| Pasture,Rangeland,Forage | 7 | 0.20 | 2.20 | 4.54 | 2018 (4.54) | 2.26 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Burley Tobacco | $1,592,307 | $5,473,626 | $11,313,185 | 3,642 | 3,697 | 194 | 194 |
| Pasture,Rangeland,Forage | $594,371 | $1,342,083 | $4,975,215 | 23,018 | 0 | 181 | 181 |
Causes that carried Owen County’s indemnity
Burley Tobacco
- Excess Moisture/Precipitation/Rain $3,798,209 indemnity · 9 years
- Drought $506,389 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $315,689 indemnity · 4 years
- Wind/Excess Wind $276,364 indemnity · 3 years
- Plant Disease $246,419 indemnity · 4 years
- Freeze $180,251 indemnity · 1 years
Pasture,Rangeland,Forage
- ARPI/SCO/STAX/MP Crops Only $1,342,083 indemnity · 7 years
All county-crop bands in Kentucky →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.