170 Dead Cows

[cowman]

Coppertop: I concur...please post the info.
Sometimes life hands you a really crappy deal. There was a small writeup about this wreck in the Advocate yesterday and it sure makes you feel sorry for this guy. Says he can't even bare to go look at the mess anymore. They had a picture of one froze cow half out of the water.

[topper]

Don't most producers carry insurance on their herds for drowning, lightning, etc. I'm sure most in my area do. I had a bull walk out on the ice and fall through a few years back and I got paid for him. Of coarse insurance never seems to cover the price of a replacement but it sure would be a lifesaver in this case.

[cowman]

topper: I don't think many do? Not sure what the cost would be? I think most people just figure occasionally things happen and you just eat it? Of course no one would expect a total wreck like this?
A long time ago I insured a couple of high priced purebred hfrs. I bought and the premium was 4%! Only insured them for one year.

[dfarms11]

the ins isnt that much I think I pay about a buck or 2 per animal per year, thats pretty cheap ins if you ask me!

[coppertop]

According to the farmer, MOST of the cows weren't insured.
Donations of cattle or items for the silent auction or cash may be made by calling the Viking Auction Market at:
780-336-2209.
A silent auction is planned prior to the bred cow sale on Friday. According to the information I obtained, there has been no specific fund set up at a bank but that may occur shortly. At one Christmas event in Edmonton last evening an announcement was made that a group of people would be in the lobby during the intermission collecting for the Erickson family, and people were lined up to put money into the collection buckets.

[topper]

Got me curious so I checked my policy. The rate is .25 so 170 cows@say 1200 dollars each would cost you $510. I don't think I'll be dropping my policy anytime soon.

[coppertop]

I have always carried insurance on the livestock right down to the miniature donkeys.

[cowman]

Yea, but coppertop, you have WAY to much money!

[grassfarmer]

Insurance? I'd rather take my chances with the thieves with masks than the ones with suits.

[coppertop]

cowman, don't know where you got the idea I have WAY too much money !! Actually, over the years we have lost two cows to lightening, and were paid out at the insured cost, not the market value at the time of loss, so that in itself paid for several years insurance premiums.

I have had severe hail damage to my buildings twice over the past years, and when all was said and done, the insurance premium was a mere pittance of what I received in goods and payout.