Insuring the animals on your alpaca farm, especially breeding females and males
is a "no-brainer" for most people. The insurance premium
is approximately 3.25% of the animals value per annum, and as
such a female with a market values of $25,000 will have an insurance
premium of $812 per annum.
At Mulberry Alpacas we insure with Wilkins Livestock Insurers
Inc., the leading insurance agent for alpaca insurance. Wilkins
represent several of the top insurance companies worldwide, enabling
them to offer owners the best possible protection at competitive
Wilkins is a family business, and they also raise alpacas and
llamas on their own alpaca farm, so understand your needs.
Insurance coverage offered for alpacas can include:
- full mortality and theft.
- infertility coverage for your breeding males
- major medical coverage (you will have to shop around for this)
- named peril which is less expensive coverage but is limited
to specific perils only.
The cover usually starts once the alpaca is 90 days old - you
can get cover in the first 90 days of life but it will be very
expensive for your alpaca farm.
Animals with a market value of less than $30,000 are offered
cover without a veterinary examination. Animals with a market
value greater than $30,000 will require a veterinary examination.
Not all breeders insure an animal for its whole life. Some take
the view that once an alpaca has produced a cria of similar value
to itself then it no longer needs to be insured. We can always
explain this approach in greater detail when you visit our alpaca farm.
Wilkins Alpaca Insurance
To visit the Wilkins web site click here: www.livestockinsurance.biz