Insurance quotes - have prices increased?

[FestiveSpirit]

Looking to insure a 10 yr TB for PN eventing, no loss of use cover, for £5000.

I bought him a year ago and got insurance through KBIS for £697, have just asked Petplan for a quote and its £897

Will probably go with NFU this year (renewal not until 14th Oct so havent got a quote from them yet) but have insurance costs increased a lot? I'm sure it didnt used to cost this much

 

[ihatework]

Drop the value of your horse.

You should be able to get cover with NFU for around the £30 a month mark.
Remeber if something happens they only pay out market value of horse anyway.

 

[FestiveSpirit]

His market value is £5k

But yeah, will probably end up dropping his value to get a cheaper quote depending on what NFU quote me

 

[PippiPantoPony]

I have 11 yo £5k plus £5k vets for dressgae, hacking etc with shearwaters for about £500. No loss of use as that would be over £750 pa

 

[FestiveSpirit]

Might stick to Intro eventing as that is a different class of use than PN - any excuse not to jump slightly bigger fences too

 

[KatB]

I use NFU cos they include eveyrthing in their cover. I loved the people at KBIS, but they were that bit more expensive. Lu is insured for 2.5k, her market value is alot more, but I wont pay premiums for something I hope I never have to use!!! Its £30 a month for her, and she is insured for everything, upto Intermediate eventing, hunting etc etc.

 

[ihatework]

NFU just lump everything into one catagory (apart from adv eventing and teamchasing, polo etc).

I'd debate the market value personally but then it's none of my business what you choose to insure your horse for, I was just saying that in the event of horse loss NFU would want evidence of market value.

 

[0ldmare]

Nope same as last year

 

[FestiveSpirit]

[ QUOTE ]
NFU just lump everything into one catagory (apart from adv eventing and teamchasing, polo etc).

I'd debate the market value personally but then it's none of my business what you choose to insure your horse for, I was just saying that in the event of horse loss NFU would want evidence of market value.

[/ QUOTE ]

Well, how about a receipt for purchase at that price? I havent got one at the mo since I bought him from a friend, but would be able to get one. But then the question wasnt about whether I was quoting the correct market value of my horse, was it?

 

[ihatework]

Like I said, how you value your horse is none of my business.
But I was trying to be helpful in suggesting how you could get your premium down whilst not loosing cover.

 

[jesterfaerie]

Mine has gone up but one by around £10.