Hail Insurance on Growing Crops

John C. Ellickson

No 308629, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: Excerpt from the report: Farmers pay more than 50 million dollars a year as premiums on about 1,250 million dollars of crop-hail insurance. This bulletin deals with the types of contracts that may he obtained, settlement of losses, and other important provisions of the contracts. Also included is a short sketch of the developments leading to the present status of crop-hail insurance. Of special use to farmers is a discussion, beginning on page 14, of how crop-hail insurance may he used along with Federal all-risk crop insurance. When crop prospects are average or better, crop-hail insurance is especially useful in protecting prospective net income.

Keywords: Agricultural and Food Policy; Crop Production/Industries; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 22
Date: 1951-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersab:308629

DOI: 10.22004/ag.econ.308629

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