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Factors Explaining Farmers' Insurance Purchase in the Dutch Dairy Sector AgEcon
Ogurtsov, Victor A.; Van Asseldonk, Marcel A.P.M.; Huirne, Ruud B.M..
This paper analyzed the impact of farm and farmer characteristics on the acceptability to dairy farmers in the Netherlands of an all-risk insurance package and underlying specific categories of insurance coverage. The major farm characteristics considered were structural, operational and financial variables, while farmer age was the major farmer-specific characteristic analyzed. The specific insurance categories reviewed were damage, legal, disability, liability and health insurance. The results suggest that there are common and insurance-specific factors that can improve the design of insurance policies for dairy farmers.
Tipo: Conference Paper or Presentation Palavras-chave: Insurance; Farm characteristics; Risk; Dairy farm; Livestock Production/Industries; Risk and Uncertainty.
Ano: 2006 URL: http://purl.umn.edu/7774
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