Texas/New Mexico Stateline | I have been paying big bucks for cargo insurance on my truck hauling cattle for hire. Lots of insurance companies won't cover livestock because they have so many claims. Last year it was like $1500 for $50,000 cargo insurance with $1000 deductible. (won't cover a load of feeders anymore would have to increase that) My insurance company if I have an accident and livestock are injured, we are to shoot the cripples and take the rest to the nearest sale barn and check them in under the insurance co. name, they get the proceeds. Cattle buyer sends an invoice for what they paid for the load and the insurance pays the total value.
I don't know about this business of injured cattle being the buyers problem. It has happened twice to me and both times I was stuck with buying the cattle.
Edited by milofarmer1 2/18/2012 21:44
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Responsibility when shipping cattle
