Abstract
Decision Making Federal crop insurance against individual farm yield losses in the form of multiple peril contracts has been available for some crops since 1938. Following the 1980 Federal Crop Insurance Act, the number of crops and the geographic coverage of the federal crop yield loss insurance program was greatly expanded. Beginning in the late 1980s, in addition to traditional multiple peril contracts, new policies were developed based on yield losses at the county level and offered for a limited number of crops in a limited number of counties.
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