Valuation for insurance purposes please

[shadowboy]

14hh PBA Gelding
Rising four.
County winner- superb breeding from Ninfield and Broomwood lines
No blemishes.
Done nothing other than showing so far....

 

[Bossanova]

I'd just insure for a minimal value- 1k maybe to keep costs down.

 

[Marchtime]

It depends on why you are insuring him. Is he insured simply to cover vets bills or are you insuring for loss of use? Would you buy another horse if you lost him? Whilst the last is a difficult question to be asked I think it's worth mulling over.
If you are simply insuring for vets bills then a minimal amount would suffice.
However if you are insuring so that if anything did ever happen you could buy another/loss of use etc, then i'd advise to insure for top price. Look through horse and hound adverts and see what it would cost to buy something similar.
I only sound so pragmatic because I lost a very talented young eventer 6yrs ago. He was insured for a minimal amount as I hadn't got round to changing it from when we bought him. Whilst losing him was heart breaking a few months later I made the decision to buy another. The insurance money did not come close to what was needed to buy anything like him.
Whilst money won't replace the horse you lose or help with the agony, it is worth considering what a similar horse would cost to buy.