Agricultural Insurance in Russia: New Tariffs and Expert Opinions

In the first half of this year, insured areas totaled 9 million hectares, significantly less than in 2024. The main reasons for the decline include the cancellation of enhanced per-hectare support and increased risks in the country's southern regions. As a result, insurance payouts by the end of the year could reach 9.2–9.7 billion rubles.

Experts divide agricultural insurance into two types: with and without government support. The first type has strict conditions and covers only certain risks, while independent insurance allows for more flexibility in risk selection.

Insurance programs also vary: "Multi-Risk" covers the impact of various adverse weather conditions, while the "Emergency" program requires an official disaster declaration to receive a payout. Farmers' opinions on the effectiveness of agricultural insurance vary: many consider it unsatisfactory and useless, as payments are often delayed or not made at all.

Some experts advocate for improving the agricultural insurance system in RUSSIA, suggesting better mechanisms that work in other countries, such as Spain, where the system is more understandable and effective.