Crop Insurance Purchase Decisions: A Study of Northern Illinois Farmers
No hay miniatura disponible
Fecha
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
When selecting crop insurance
coverage, farmers must consider
multiple factors. The importance
associated with factors that are
considered when making crop
insurance decisions varies among
individual farmers. As available
crop insurance options increase,
selecting the appropriate coverage
becomes a more complicated
process. The prevalence of crop
insurance participation and the
existence of multiple selection
criteria also makes understanding
participant decisions more
difficult. This paper provides
findings of a mail survey
conducted among farmers in
northern Illinois. Mainly, this
paper examines factors influencing
farmers’ crop insurance purchase
decisions, types of coverage
purchased, and farmers’ risk
attitudes.