Federal Data HubUSDA Crop Insurance · JSON

Franklin, NC

Federal crop insurance · Summary of Business · 2022–2026

Insured liability
$132,114,118
Total premium
$15,048,673
Indemnities paid
$14,310,465
Loss ratio
0.9509 (indemnities ÷ premium)

Top insured crops

CropInsured liability
Flue Cured Tobacco$72,221,552
Soybeans$26,910,650
All Other Crops$18,889,914
Wheat$7,198,375
Corn$4,154,981
Pasture,Rangeland,Forage$2,562,985
Cotton$152,160
Grain Sorghum$23,501

The USDA Risk Management Agency's Summary of Business reports federal crop-insurance activity for every county. "Liability" is the insured value, "premium" the total cost (most of it federally subsidized), "indemnities" the claims paid for crop losses, and the "loss ratio" (indemnities ÷ premium) shows how claim-heavy a county is — values above 1.0 mean payouts exceeded premiums.

Source: USDA RMA Summary of Business. License: CC0 1.0.