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Crop-loss band · North Carolina
Person County, North Carolina — crop-loss band
- 2.05Low end of the band
- 3.00Middle of the band
- 3.89High end of the band
- 2018Worst year (4.92)
- 10Years filed
Person County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $1,127,448 | $4,161,877 | $7,766,047 | 222 | 222 | 3.69 |
| 2016 | $1,268,934 | $4,378,939 | $8,195,431 | 172 | 172 | 3.45 |
| 2017 | $952,442 | $2,018,297 | $5,066,380 | 111 | 110 | 2.12 |
| 2018 | $1,441,557 | $7,085,471 | $13,508,319 | 242 | 242 | 4.92 |
| 2019 | $1,921,535 | $5,767,716 | $12,528,740 | 278 | 278 | 3.00 |
| 2020 | $1,194,064 | $4,646,501 | $8,853,237 | 224 | 224 | 3.89 |
| 2021 | $921,849 | $1,912,867 | $4,619,102 | 128 | 128 | 2.08 |
| 2022 | $935,403 | $2,215,133 | $5,732,967 | 207 | 207 | 2.37 |
| 2023 | $1,546,615 | $3,165,721 | $7,673,766 | 213 | 213 | 2.05 |
| 2024 | $2,229,292 | $8,028,812 | $15,265,765 | 352 | 352 | 3.60 |
4 commodities insured in Person County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Flue Cured Tobacco | 10 | 2.84 | 4.75 | 6.22 | 2015 (7.17) | 4.94 |
| Soybeans | 10 | 0.87 | 1.42 | 1.68 | 2020 (1.76) | 1.42 |
| Wheat | 10 | 1.10 | 1.47 | 1.99 | 2015 (2.08) | 1.65 |
| Corn | 9 | 1.20 | 1.47 | 2.82 | 2024 (2.82) | 2.21 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Flue Cured Tobacco | $6,546,058 | $32,359,830 | $66,316,327 | 16,467 | 16,488 | 839 | 839 |
| Soybeans | $4,239,400 | $6,023,456 | $12,860,102 | 60,205 | 62,420 | 833 | 833 |
| Wheat | $1,922,781 | $3,163,060 | $6,246,192 | 36,691 | 36,741 | 292 | 291 |
| Corn | $830,899 | $1,834,988 | $3,787,132 | 9,780 | 9,669 | 185 | 185 |
Causes that carried Person County’s indemnity
Flue Cured Tobacco
- Drought $7,026,229 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $6,329,165 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $6,205,767 indemnity · 10 years
- Hurricane/Tropical Depression $3,919,562 indemnity · 5 years
- Wind/Excess Wind $2,697,647 indemnity · 10 years
- Heat $2,105,982 indemnity · 7 years
Soybeans
- Drought $3,325,352 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $820,579 indemnity · 10 years
- Heat $674,165 indemnity · 7 years
- Wildlife $504,863 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $277,114 indemnity · 2 years
- Hurricane/Tropical Depression $249,447 indemnity · 4 years
Wheat
- Excess Moisture/Precipitation/Rain $2,715,829 indemnity · 10 years
- Hurricane/Tropical Depression $139,679 indemnity · 1 years
- Freeze $84,925 indemnity · 4 years
- Cold Winter $76,192 indemnity · 3 years
- Heat $47,391 indemnity · 1 years
- Drought $47,178 indemnity · 7 years
Corn
- Drought $891,004 indemnity · 8 years
- Heat $436,040 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $244,770 indemnity · 6 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $159,107 indemnity · 2 years
- Hurricane/Tropical Depression $84,962 indemnity · 4 years
- All Other Causes $7,336 indemnity · 1 years
All county-crop bands in North Carolina →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.