How much to insure a foal for?

Depends, obviously you have spent much more than just his stud fee getting him to this stage but how much more do you want to spend on premiums?? Personally, I would leave it at stud fee only until he is older, at least then if the worse does happen (God forbid!
shocked.gif
) you have the cost of putting Mum back in foal. If, however, you intend to sell him (don't shoot me
blush.gif
- I don't know the circs!!) then maybe insuring him for his retail value at weaning would be a better idea??!!
crazy.gif
 
i insured beyonce for less than her value as a foal but alot more than her stud fee.
shes now insured for alot less than her value as her yearling, but her premiums are already £670 so i doubt i will put it up to her true value until shes 3 and i come to ride her!
 
I don't know what your stud fee was but I usually insure my foals for £1000 which would cover that and stud costs (hopefully!) but I don't 'do' vet cover with so many. To me, it is just a back up if the worst happens and gives me something back in my hand as opposed to an empty pocket at a bad enough time as it would be. That's not meant to sound as mean and uncaring as it came out btw, just practical!
 
Thanks... his stud fee was £850, but then obviously it cost a lot more than that to actually get Hannah in foal with equitainer costs (brought the stud fee to £920) and then the vet costs etc etc.

He will be going away at weaning which is why I am asking... I am wondering whether I should increase his value to sale price at weaning should the worst happen while he is away (I am not saying it will do, but you have to think of the worst possible scenario don't you).
 
I insure most my foals for £3/£4k including vet fees up to £1k so at least I get something back should anything happen. I did it through Julie Andrews Horse Insurance and they gave me discount for several foals which was great.
 
The thing is you can insure for the amount you think is right but the insurance companies will oftenonly pay out market value which is a lot less
 
Best (and safest though probably the most expensive) thing to do is to insure up to the maximum sale price he is likely to fetch in the next 12 months. Ironically, as it is often much easier to sell foals than yearlings (because of the aah!! factor) that means the top foal price for something of his breeding rather than what yearlings of his bloodlines are fetching.
 
You must log in or register to reply here.
Top