摘要：Georgia (GA) and South Carolina (SC) growers have complained that the premi-ums are too high and the yield guarantees are too low in the current crop insurance prod-uct for peaches. Their concerns have been reflected in Congressional directives to theFederal Crop Insurance Corporation (FCIC) that require review of the current peach cropinsurance product, and the development of a pilot insurance program that takes into ac-count the cost of production or protects income from peach production. This paper pro-vides a comparison of estimated actuarially sound premium rates for individual yieldguarantee and income protection crop insurance products for GA and SC peaches. Insubsequent sections of the paper we provide background on the individual yield guaran-tee and income protection products, discuss our procedures for estimating premium rates,present our results, and offer our conclusions.
