Valuation for Insuarnace purposes please

[cariadssogreat]

14.1 rising 10 year old welsh part bred mare. Very nice stamp, would show at county level. 3 good paces on the flat, established lateral work. Has a nice pop, jumps coloured and natural fences up to 1.20m. Schooled round XC course, done pony club and hunting with previous owner. Always snaffle mouth, hacks alone and in company, 100% traffic, goes first or last. 100% box, shoe, clip, catch etc. Up to date with teeth, vaccs, micro chipped etc.

Thank you so much

 

[quirky]

Do you not insure a horse for how much you paid for it????

 

[Louby]

My horse is insured mainly to get cover for vets fees, 3rd party liability. I insured him for what I paid for him as a just backed 4 yr old. I have never increased this value as a lower value keeps the premium down.

 

[hadfos]

Just insure for what you think you can replace for!!!Otherwise you will pay unnecessary high premiums(unless you lie about the purchase price)!!If you put market value....and then what they are worth they will only pay the original market value!!I only ever insure to replace with a decent youngster that i can bring on!