OT, insuring cattle

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OT, insuring cattle Moderators: luluwhit, gotothewhip, cindyt, crossspur, ForumAdmin Jump to page :	Last activity 2016-02-03 6:40 AM 6 replies, 3510 views View previous thread :: View next thread
General Discussion -> Barrel Talk


mkrott Reg. Jul 2005	Posted 2016-01-26 7:14 PM Subject: OT, insuring cattle
Elite Veteran Posts: 803 Location: South Central MO	I wanted to look into insuring a small (dozen or so) cows and wanted to know who you all could recommend. I called my insurance agent and got a quote but would like to compare with a couple other companies. Any suggestions? Thanks in advance
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SG. Reg. Sep 2003	Posted 2016-01-26 9:00 PM Subject: RE: OT, insuring cattle
Blessed Location: Here	Farm Bureau State Farm etc It will depend on your area more than likely so just shop within your area with various agents
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Dinero10 Reg. Mar 2004	Posted 2016-01-27 1:46 PM Subject: RE: OT, insuring cattle
Go Your Own Way Posts: 4947 Location: SE KS	we have a farm plan thru farm bureau to cover everything on the farm and any cattle loss due to natural disasters. So : last year one of our steers was hit by lightening and vet confirmed, FB paid off based off current market.
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lindseylou2290 Reg. Aug 2013	Posted 2016-01-27 2:16 PM Subject: RE: OT, insuring cattle
Expert Posts: 2457	Depends on if this is a registered set of cattle or commercial cattle. We don't insure unless shipping major dollar animals across the country, then it is at the buyers expense. Commercial cattle - go through whomever holds your farm insurance. They can have specific rider attachments for mortality insurance that will replace lost livestock at current market prices. Registered/ seed stock - we've used American Livestock. We have never had a claim and insurance is usually around $10/$1,000 valued price. Its a little complicated determining the value price on seed stock, but not horrid. website for reference - http://livestockins.com/
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ND3canAddict Reg. Sep 2003	Posted 2016-01-28 8:03 AM Subject: RE: OT, insuring cattle
Straight Shooter Posts: 5725 Location: SW North Dakota	We have State Farm for blanket livestock coverage. We've had a few claims over the years for lightning; the deductible is pretty high on the plan we have. I have 30 of my own cows that run with my husband's 330. A couple of years ago, three of mine must have all been drinking at the water tank at the same time lightning struck it. They all 3 got fried. They were really good, young, bred commercial angus cows and the market for this type of cattle was very high. The insurance company wouldn't call them bred cows until they were in their 3rd trimester- would only pay out on slaughter cow price and the deductible was $1500. It hardly paid. :( A good policy would probably be cost prohibitive.
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Bigfoot Reg. Nov 2012	Posted 2016-01-28 10:39 AM Subject: RE: OT, insuring cattle
Extreme Veteran Posts: 464	I suggest liability only. I wouldn't have livestock period without that. IMHO insuring against natural disaster is a waste of money, unless you live in a scary place.
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mkrott Reg. Jul 2005	Posted 2016-02-03 6:40 AM Subject: RE: OT, insuring cattle
Elite Veteran Posts: 803 Location: South Central MO	Thanks for all your input, working on some quotes now!!!
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