Obstructive Aspects and Future Perspectives of the Agro Insurance Program

The article “Restricting Aspects of the Agricultural Insurance Program and Prospects” describes the role of agricultural insurance in the Georgian economy and paths for development. The climatic and geographical position of Georgia allows us to develop this area and strengthen the economy. Thus, we believe that the topic is relevant. The article talks about the changes that were implemented to reduce the risks of agricultural insurance. The results of the study are presented, the analysis of which gives an idea of the quality of existing risks and ways to eliminate them. In addition, problems that hinder the better development of agricultural insurance in the country have been noted, namely: 1. Less government support 2. Lack of private agricultural insurance. 3. Discrepancy between product prices and market prices. 4. Lack of comprehensive insurance for agricultural risks. The article presents an analysis of the results of the survey and corresponding recommendations, namely: 1. The government needs to pay more attention to the agricultural insurance program to make it farmer friendly. 2. It is desirable for farmers to have the opportunity to purchase private agricultural insurance regardless of the state program; 3. It is necessary to review prices for agricultural insurance products, since they do not correspond to market prices. 4. Full insurance of agricultural risks is necessary. Taking all this into account will help solve the problems of agro-risks throughout the country. The article presents the opinions and advice of the authors, seen from the point of view of scientists, and their implementation in practice will help the insurance market to conduct its activities effectively. Keywords: agricultural risks, prices in agricultural insurance, state and private agricultural insurance.