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Hail Insurance on Growing Crops

Author

Listed:
  • Ellickson, John C.

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.

Suggested Citation

  • Ellickson, John C., 1951. "Hail Insurance on Growing Crops," Agricultural Information Bulletins 308629, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:308629
    DOI: 10.22004/ag.econ.308629
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    File URL: https://ageconsearch.umn.edu/record/308629/files/aib56.pdf
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    Cited by:

    1. Johnson, Jerome E. & Coon, Randal C. & Enz, John W., 1989. "Economic Benefits of Crop-Hail Reduction Efforts in North Dakota," Agricultural Economics Reports 23388, North Dakota State University, Department of Agribusiness and Applied Economics.

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