As the Dorset Show fast approaches, farmers are being advised to review their insurance policies to ensure that their prized pedigree breeding animals are fully covered.

Agricultural risk expert, William McCarter from Lycetts, a rural insurance brokerage, highlighted the importance of proper insurance, particularly as the value for champion animals can far exceed standard coverage limits.

“Prize animals can be valued way above the usual limit of £10,000 for a single animal that most insurers include under farm combined policies," he said.

“If they or any of their progeny win titles at this year’s county shows, the value may rise further. It’s important you let your livestock insurer known about nay new valuations to ensure you are fully covered in the event of injury or theft.”

William also emphasised the need for farmers to check their policies regarding livestock in transit. Many policies may only cover animals up to £4,000, but farmers often transport prize animals worth significantly more to shows and sales. Ensuring the correct sum insured is vital to avoid financial loss.

Another critical aspect of insurance coverage for farmers is public liability protection at county shows.

William said: "If a bull or cow escapes and runs rampage at a show, destroying property or even injuring a child, there could obviously be huge ramifications and a watertight public liability policy will be vital."

He noted that some farms still have public liability limits of £5million, despite £10million now being considered the minimum recommended indemnity limit.

For those with animals that are specifically valuable, McCarter has advised insuring them on a full mortality basis, offering broader protection than the standard herd coverage.

“Farmers with pedigree animals should definitely talk to their insurer or broker to make sure they are covered, or discuss top-up options before setting out," he added.