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2017•RePEc: Research Papers in EconomicsOpen access

Performance of Crop Insurance: Tool within the 2017 Crop Insurance Decision Tool

Gary Schnitkey, Schnitkey, Gary

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Abstract

A new "Product Performance" section has been added to the 2017 Crop Insurance Decision Tool.By using this section, users can examine per acre premiums and payments from alternative crop insurance products from 1995 to 2015, thereby allowing users to gain a feel for the historical performance of crop insurance products.For corn, users will notice that the 2012 drought had large impacts on crop insurance performance. User SelectionsFrom the 2017 Crop Insurance Decision Tool, users will select "product performance" from the menu and make the following selections (see Figure 1):

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A new "Product Performance" section has been added to the 2017 Crop Insurance Decision Tool.By using this section, users can examine per acre premiums and payments from alternative crop insurance products from 1995 to 2015, thereby allowing users to gain a feel for the historical performance of crop insurance products.For corn, users will notice that the 2012 drought had large impacts on crop insurance performance. User SelectionsFrom the 2017 Crop Insurance Decision Tool, users will select "product performance" from the menu and make the following selections (see Figure 1):

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Available abstract

A new "Product Performance" section has been added to the 2017 Crop Insurance Decision Tool.By using this section, users can examine per acre premiums and payments from alternative crop insurance products from 1995 to 2015, thereby allowing users to gain a feel for the historical performance of crop insurance products.For corn, users will notice that the 2012 drought had large impacts on crop insurance performance. User SelectionsFrom the 2017 Crop Insurance Decision Tool, users will select "product performance" from the menu and make the following selections (see Figure 1):

Key concepts: Crop insurance, Crop, Business, Agribusiness, Agricultural science, Actuarial science, Agricultural economics, Economics

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