The findings are largely consistent with the anticipated relationships discussed above and with the descriptive information in table 2. The results in table 4 indicate that users of insurance are characterized by significantly larger acreages, older ages, higher debt-to-asset ratios, greater leasing of farmland, higher perceived risk (self-assessed probabilities of
receiving APH payments), higher expected yields, and greater importance attributed to risk management. Among the users of insurance, intentions to increase acreages are positively and significantly associated with use of both yield and revenue insurance relative to hail insurance.