The Viability of a Crop Insurance Investment Account: The Case for Obion, County, Tennessee
Delton C. Gerloff
No 35429, 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida from Southern Agricultural Economics Association
Abstract:
This paper evaluates the feasibility of farmer-owned crop insurance accounts. The accounts, similar to retirement accounts, accumulate pre-subsidy premiums and dispense indemnities. Government involvement is that of guaranteeing loans if indemnities exceed the account balance. Substantial government savings occur through insurance premium subsidy elimination.
Keywords: Crop Production/Industries; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 20
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaso:35429
DOI: 10.22004/ag.econ.35429
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