Spatial relationship between average corn crop insurance base premium rates and hurricane incidence in the Mississippi Delta region (2002-2021) (IMAGE)
Caption
Spatial relationship between average corn crop insurance base premium rates and hurricane incidence in the Mississippi Delta region (2002–2021). This figure gives the county-specific base premium rates averaged across both irrigated and nonirrigated corn and the 6-h storm tracks for hurricanes relevant to our study that made landfall in the Mississippi Delta region over the period 2002–2021. We note the base premium rate is interpreted as the amount of actuarially fair premium paid per dollar of purchased liability.
Credit
U of Arkansas System Division of Agriculture image
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