Miller, Stephen E. Kahl, Kandice H. Rathwell, P. James
Abstract
We estimate actuarially sound premium rates for individual yield guarantee and income protection crop insurance products for Georgia and South Carolina peaches. In most cases, the premium rate for an income protection product equals or exceeds the premium rate for an individual yield guarantee product for a given coverage level and average farm yield. Although the premium rates for the two products differ in a statistical sense, they do not appear to differ in an economic sense except at high coverage levels for growers with very high yields.
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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 1999 Annual meeting, August 8-11, Nashville, TN with number
21699.
Length: Date of creation: 1999 Date of revision: Handle: RePEc:ags:aaea99:21699
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