Rewarding Best Pest Management Practices via Reduced Crop Insurance Premiums

Table 1

Percentiles of predicted good experience insurance premium discount factors for corn (maize), soybean, cotton, and wheat (source: United States Department of Agriculture Risk Management Agency database 1991–2002; adapted [46]).

	Predicted discount factor
Percentile	Corn	Soybean	Cotton	Wheat
95	0.980	0.977	0.996	0.990
90	0.963	0.957	0.991	0.981
75	0.919	0.910	0.978	0.957
50 (median)	0.900	0.896	0.949	0.929
25	0.896	0.894	0.918	0.916
10	0.892	0.884	0.911	0.911
5	0.892	0.876	0.906	0.911

Corn (Zea mays L.); soybean (Glycine max L. Merr.); cotton (Gossypium hirsutum L.); wheat (Triticum aestivum L.).