Factors affecting the development of wheat farming insurance in Hamedan County

Agricultural insurance is the most efficient tool for governmental supports to deal with hazards. Also, it has the highest capability to deal with hazards. Agricultural insurance can be one of the most appropriate mechanisms for investment security in agricultural sector. The main purpose of this study was analyzing factors affecting development of wheat insurance in Hamedan County. This study is based on a correlation-descriptive methodology. The data were collected by questionnaire from wheat farmer's insured. To determine the validity of the questionnaire, opinions of professors and specialists were used. Assessment of the questionnaire's reliability was done during a pre-test step by gathering data from 30 samples related to the population. Thus, reliability of the questionnaire was calculated using Cranach’s Alpha which was between 0.82. In this study, wheat farmer's insured were as the study population in the Hamadan County during 2010-2011 farming year. To determine the sample size, Cochrane formula was used and the number of 225 wheat farmer's insured of Hamedan County selected by systematic random sampling. Results show that positive relationship between the variables such as satisfied insurance makers from services by the Agricultural Insurance Fund (AIF), administrative affairs in insurance contracts, the entire cultivated surface, reparation rate and payments, to be owed to banks, and the frequency of extending insurance contract with the variable development of wheat insurance. The six mentioned variables predict totally 88.6% of the wheat insurance development changes. Therefore, the findings of this study can be contributed agricultural planners and agricultural products insurance fund.