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Beginners Board
Livestock insurance
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<blockquote data-quote="Running Arrow Bill" data-source="post: 918719" data-attributes="member: 9"><p>We have "blanket coverage" on our herd with our Farm & Ranch Policy. Each animal is thus insured for a token amount...probably about what one could get at the local Sale Barn for the animal, if that much. If one wants to "schedule" any given animal, it usually costs around 5 to 6% of the insured amount for a given animal for the annual premium.</p><p></p><p>Your F&R Agent would probably "farm out" the coverage to one or more of their underwriters/companys with any given company who handles livestock insurance. Check with your agent and go from there.</p><p></p><p>Sometimes, there are advs in the livestock journals by insurance agents who handle or specialize in livestock insurance.</p><p></p><p>Hope this helps!</p></blockquote><p></p>
[QUOTE="Running Arrow Bill, post: 918719, member: 9"] We have "blanket coverage" on our herd with our Farm & Ranch Policy. Each animal is thus insured for a token amount...probably about what one could get at the local Sale Barn for the animal, if that much. If one wants to "schedule" any given animal, it usually costs around 5 to 6% of the insured amount for a given animal for the annual premium. Your F&R Agent would probably "farm out" the coverage to one or more of their underwriters/companys with any given company who handles livestock insurance. Check with your agent and go from there. Sometimes, there are advs in the livestock journals by insurance agents who handle or specialize in livestock insurance. Hope this helps! [/QUOTE]
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