Need Equine mortality Insurance opinions asap

[Tappiano]

Insure the foal. They are cheap.

What's your definition of cheap? If you have a foal on a low cost breeding is it worth paying $700 for mortality insurance when the chances are the foal is more likely to get hurt than die? I believe you cannot insure them for more than x percent of the advertised stud fee unless you have an appraisal so unless you have spent a considerable amount of money on the stud fee it's a decision that needs to be made after careful consideration.

[docjocoy]

Insure the foal. They are cheap.

What's your definition of cheap? If you have a foal on a low cost breeding is it worth paying $700 for mortality insurance when the chances are the foal is more likely to get hurt than die? I believe you cannot insure them for more than x percent of the advertised stud fee unless you have an appraisal so unless you have spent a considerable amount of money on the stud fee it's a decision that needs to be made after careful consideration.

The deal I have on my foals for mortality insurance is 2X the stud fee which cost about $900, more or less depending on the stud fee. I don't insure them untill they are 1 month old, as the insurance is higher before then. I have unfortunately had 3 claims, each time the underwriter was great to work with and paid off the claim in a very timely manner.

[Laurierace]

My filly is insured for the minimum which is 5k so that I could purchase major medical. She is worth approximately 20k so that part is easy. Total premium was $350 for both policies. I have 5k in major medical coverage plus an extra $2500 for colic coverage. That is cheap.

[FiftyYearsPlus]

Some years back I lost a G1 placed producing mare in KY through carelessness, that was insured. Even though the mare had been under continuous oversight by a top KY clinic, the insurance company tried to run on the payout.
If this ever happens to you, you will find there is less than 1% of attorneys that will represent a policyholder vs. an insurance company. Also, unscrupulous lawyers in the state will try to stall progress on your case until the 1 year appeal period expires.
Better to select an extremely diligent farm to board with, and insist on immediate notification in the event anything unusual occurs to your mare.

[clh]

I dealt with Kiger Insurance Company for years and had no problems with them. They paid a claim of mine promptly and worked with me when I had a horse that I was debating on whether to put down or try to keep saving. I wouldn't hesitate to recommend them to anyone.

[LB]

Some years back I lost a G1 placed producing mare in KY through carelessness, that was insured. Even though the mare had been under continuous oversight by a top KY clinic, the insurance company tried to run on the payout.
If this ever happens to you, you will find there is less than 1% of attorneys that will represent a policyholder vs. an insurance company. Also, unscrupulous lawyers in the state will try to stall progress on your case until the 1 year appeal period expires.
Better to select an extremely diligent farm to board with, and insist on immediate notification in the event anything unusual occurs to your mare.

Our experience with insurance claims (2 claims in 15 years, with 10-15 horses insured) was similar. We no longer insure.