USDA ERS · state ranking · fiscal year 2023
Crop Insurance Loss Ratios
State crop-insurance loss ratios. Rankings require at least $1M in reported premiums so very small denominators cannot lead.
USDA ERS · FY2023 · Loss Ratio
New Jersey has the highest qualifying crop-insurance loss ratio at 490%, ahead of Massachusetts at 487%.
According to the USDA Economic Research Service Farm Income and Wealth Statistics.
- 490%
- #1 New Jersey
- 487%
- #2 Massachusetts
- 47
- states on this ranking
Loss ratio is indemnities relative to premiums in this ERS period, not a state's underlying agricultural risk. Premium floor $1M.
New Jersey leads this USDA ERS ranking of loss ratio at 490%, ahead of Massachusetts (487%) and Kansas (486%). According to USDA ERS Farm Income and Wealth Statistics for fiscal year 2023, PlainFarmData ranks all listed states on the same published series used for state detail pages.
- 47 states ranked on Loss Ratio
- #2 Massachusetts at 487%
- ERS fiscal year 2023 snapshot
| # | State | Loss Ratio |
|---|---|---|
| 1 | New Jersey NJ | 490% |
| 2 | Massachusetts MA | 487% |
| 3 | Kansas KS | 486% |
| 4 | Connecticut CT | 482% |
| 5 | Oklahoma OK | 469% |
| 6 | Florida FL | 433% |
| 7 | Texas TX | 421% |
| 8 | Hawaii HI | 403% |
| 9 | Mississippi MS | 374% |
| 10 | Vermont VT | 369% |
| 11 | Georgia GA | 365% |
| 12 | California CA | 342% |
| 13 | Washington WA | 342% |
| 14 | Arkansas AR | 325% |
| 15 | Nebraska NE | 318% |
| 16 | Louisiana LA | 313% |
| 17 | Colorado CO | 284% |
| 18 | New Mexico NM | 272% |
| 19 | Alabama AL | 271% |
| 20 | Oregon OR | 257% |
| 21 | South Carolina SC | 252% |
| 22 | Arizona AZ | 237% |
| 23 | Tennessee TN | 222% |
| 24 | Montana MT | 222% |
| 25 | Pennsylvania PA | 219% |
| 26 | South Dakota SD | 213% |
| 27 | Idaho ID | 201% |
| 28 | Missouri MO | 200% |
| 29 | Minnesota MN | 194% |
| 30 | Virginia VA | 191% |
| 31 | New York NY | 186% |
| 32 | Wisconsin WI | 181% |
| 33 | West Virginia WV | 178% |
| 34 | Kentucky KY | 173% |
| 35 | Maine ME | 170% |
| 36 | North Carolina NC | 168% |
| 37 | North Dakota ND | 156% |
| 38 | Iowa IA | 147% |
| 39 | Maryland MD | 133% |
| 40 | Utah UT | 129% |
| 41 | Michigan MI | 121% |
| 42 | Wyoming WY | 119% |
| 43 | Nevada NV | 98% |
| 44 | Delaware DE | 78% |
| 45 | Illinois IL | 55% |
| 46 | Ohio OH | 51% |
| 47 | Indiana IN | 39% |
Source: USDA ERS Farm Income and Wealth Statistics Fiscal year 2023 government payments by state
What to do with this ranking
Crop Insurance Loss Ratios leads with New Jersey at 490%. Three places to take it further:
- Open New Jersey's full USDA ERS profile, program mix and 5-year trend. View #1 in detail
- See every ranking cut, conservation leaders, disaster aid, crop-insurance loss ratios, and per-acre receipts. All rankings
- Read how these figures are sourced, computed, and verified before citing them. Methodology
Figures are the USDA ERS Farm Income and Wealth Statistics state snapshot for fiscal year 2023, a separate population from the 2022 NASS county Census.
Read our methodology - how this data is sourced, computed, and verified.
Explore more
Every figure on this ranking is rendered from USDA ERS Farm Income and Wealth Statistics, no number is typed in by an editor. Rankings are a live sort of ERS state rows for fiscal year 2023; no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.