Wpływ ubezpieczeń dotowanych upraw na wynik finansowy wybranych rodzajów produkcji roślinnej
The effect of the subsidized crop insurance on the financial result of selected types of plant production

Summary/Abstract: The changing environment of farms, i.e. the increasing number and intensity of catastrophic phenomena and the obligation to limit direct aid provided by the state as part of ad hoc activities, has led to intro- duction of subsidized crop insurance in Poland. However, the scope of notoriously changing regulations in this area leads to questioning the efficiency of insurance protection offered to the most important entities: farms. The aim of the study is to determine the impact of using insurance cover in subsidized insurance on the financial result obtained from production of selected crops and with respect to events causing mass damage: winterkill and drought. Based on the methodology of calculating the financial result of a farm, an assessment of the impact of the insurance contracts on the farm assets replace- ment capacity index (ZOM) was carried out. The intention of subsidized crop insurance was to offer stability of functioning to farms affected by the impact of unfavourable weather phenomena. The con- ducted analysis clearly shows that the efficiency of insurance protection against winterkill depends both on the economic parameters of the farm’s operation and the applicable regulations in the field of technical conditions of insurance contracts, while in the case of insurance against drought, on two parameters – the rate for insurance and the level of the deductible.

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