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Crop-loss band · North Carolina
Camden County, North Carolina — crop-loss band
- 0.62Low end of the band
- 2.36Middle of the band
- 6.54High end of the band
- 2018Worst year (7.73)
- 10Years filed
Camden County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $103,278 | $243,774 | $2,250,853 | 56 | 56 | 2.36 |
| 2016 | $48,792 | $101,625 | $1,046,892 | 19 | 19 | 2.08 |
| 2017 | $67,956 | $42,190 | $1,412,112 | 15 | 15 | 0.62 |
| 2018 | $36,836 | $284,779 | $1,200,035 | 38 | 38 | 7.73 |
| 2019 | $159,072 | $1,040,271 | $2,600,935 | 44 | 44 | 6.54 |
| 2020 | $245,059 | $853,446 | $5,650,311 | 95 | 95 | 3.48 |
| 2021 | $105,577 | $572,962 | $2,199,132 | 43 | 43 | 5.43 |
| 2022 | $96,956 | $175,454 | $2,102,716 | 26 | 26 | 1.81 |
| 2023 | $106,384 | $186,425 | $2,470,816 | 38 | 38 | 1.75 |
| 2024 | $207,951 | $797,052 | $3,542,219 | 43 | 43 | 3.83 |
3 commodities insured in Camden County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Soybeans | 10 | 0.59 | 2.44 | 5.48 | 2018 (6.61) | 3.24 |
| Potatoes | 8 | 1.10 | 2.13 | 7.84 | 2021 (7.84) | 4.32 |
| Corn | 10 | 0.23 | 2.57 | 4.60 | 2018 (12.12) | 3.55 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Soybeans | $450,382 | $1,461,227 | $11,903,000 | 37,152 | 22,767 | 251 | 251 |
| Potatoes | $331,516 | $1,432,589 | $4,114,709 | 2,100 | 2,100 | 36 | 36 |
| Corn | $395,963 | $1,404,162 | $8,458,312 | 14,729 | 12,884 | 130 | 130 |
Causes that carried Camden County’s indemnity
Soybeans
- Excess Moisture/Precipitation/Rain $867,583 indemnity · 10 years
- Drought $367,967 indemnity · 8 years
- Hurricane/Tropical Depression $95,665 indemnity · 3 years
- Decline in Price $42,911 indemnity · 4 years
- Cold Wet Weather $40,546 indemnity · 1 years
- Heat $21,053 indemnity · 4 years
Potatoes
- Excess Moisture/Precipitation/Rain $626,898 indemnity · 6 years
- Heat $444,020 indemnity · 6 years
- All Other Causes $180,835 indemnity · 1 years
- Drought $180,835 indemnity · 1 years
Corn
- Drought $677,871 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $434,527 indemnity · 7 years
- Decline in Price $138,341 indemnity · 6 years
- Heat $72,969 indemnity · 3 years
- Hurricane/Tropical Depression $35,767 indemnity · 3 years
- All Other Causes $21,295 indemnity · 2 years
All county-crop bands in North Carolina →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.