Value of pony for insurance purposes only.

[The_snoopster]

This pony is not for sale I want advice on value only for my insurance, and have had him since he was 5 1/2 months old and have never adjusted his insurance value.

My newforest pony is currently being backed and schooled and is going extremely well, I have only at the moment got him insured for a small amount but obviously once broken his value will go up.
I have looked on some for sale sites to try and get an average price for something similar to him but the ranges of prices were so great I got quite confused to be honest.
He is 4 years old and standing around 14hh but looks like he as a bit more growing to do, he has a friendly temprement and has taken to his backing very well. He has a full NF passport and is freezemarked, fully vac,d and chipped.

This was him 3 days ago long reining for the first time, excuse bit this has been replaced for a smaller one.

When the insurance is adjusted he hopefully will be fully backed and schooled on. Thanks in advance.

 

[Dubsie]

We have a NF and I spent most of last year scouring the adverts!

A good sort, well mannered, good in traffic but no track record will typically be advertised at £1500-1800 when broken, being the taller end of the market, once he has more experience a few shows under his belt most people seem to ask about £2.5-3K+ for this height range

ETS he looks very sweet!

 

[The_snoopster]

Thankyou for your reply I was not expecting the price to be quite so high, I am secretly pleased. He really does not owe me very much he was a tiny colt when I bought him, and he was quite a challenge but has come on great and I am very proud of him.

 

[Fifty Bales of Hay]

He looks lovely! And yes the bigger NF's are the most desirable and there aren't as many of them around as say the 12.2hh-13.2hh range, so they do command a higher price. How is your's bred, is he forest bred or stud bred - what's his breedlines?

As to his value, yes you are quite right to increase it once he's backed as he will be worth more. If he's sound, going well and can walk, trot and canter and hack down the road, he's got to be worth at least £2000, if not more depending on his breeding and lines. Once he's a bit further on with his schooling and jumping, and competition record, again his value will increase once more. So next year you'll probably be increasing it again!