"Farmers' Attitudes towards Crop Insurance under Climate Change Threats"

Abstract

This study examines Farmers' Attitudes towards Crop Insurance under Climate Change Threats. The question under study is: what factors influence farmers' willingness to pay for crop insurance? To accomplish the task, we collected primary data from 44 farmers through a questionnaire and face-to-face interviews using the contingent valuation method .The data collected through questionnaires the was done through Statistical Package for the Social Sciences (SPSS). Descriptive analysis of the data reveled that a large number of farmers were unfamiliar about the crop insurance concept. Furthermore, we found that the income level of households is the main factor that influences farmers’ willingness to pay for crop insurance programs. And most of the farmers are unaware of crop insurance programs. Based on the findings of the research, we recommended that policymakers first raise awareness among farmers about crop insurance programs and then adapt programs to increase insurance adoption and effectiveness.