October 2021
NAES Favorites
May 2005 used for October 2021
Lets say you have a racehorse riding in your trailer that’s involved in a minor fender bender; the horse is really ok but you need money ‘cause you’re almost broke…now, what to do? Obviously, go zing the “rich” insurance company.
NAES was contacted by a large insurance company to value an Eastern running Thoroughbred. The most value I could get on the mare was $10,000. The claimant, however, put in for $279,000…what a difference!
The claimant hired an old friend to act as an “appraiser”, and turned in a quite fanciful rendition of why the horse was worth so much.
Now the mare in question hadn’t won more than $10,000 total in the previous two years and, obviously, could not be bred.
I provided a studied review of just exactly why the horse couldn’t be worth as much as the claimant wanted and since the horse was un-injured the claimant received a very small sum.
I must assure you that I’ve appraised race horses into the millions but the value just has to be there…oh, what a thought!
Archived Blogs - at this link
Proving again that the truth is stranger than fiction...
I pick out a specific case from the hundreds
that I have worked on in the past years and give you a brief
rendition of the facts and outcome. And, I may cover related topics.
Taking advantage of situations that have occurred to others may lead
you to say things to yourself like, “Boy I’m glad
that didn’t happen to me!” Anyway, for sheer entertainment
value, you’ll like them.
After reading the Blog, please feel free to call or e-mail with any questions or comments. Although I will not be taking comments on this blog, your feedback is welcomed. |
NAES is the leader in multiple breed equine appraisals. We can give you the most accurate and professional qualified appraisal in the industry. more...
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| David D. Johnson operates North American Equine Services,
LLC as its President and CEO. The company, based in Phoenix,
Arizona specializes in litigation consulting, related activities
and horse appraisals for the legal and insurance communities
and has been doing so for the past 39 years throughout North
America. more... |
| As the premier financial appraisers and evaluators of the equestrian sport in the United States and North America and because we operate in the public spotlight, we are expected to conduct our affairs in a manner consistent with the great trust that has been placed in us. more... |
As a licensed official with the United States Equestrian Federation (USEF), Mr. Johnson fully supports and promotes the organization’s efforts with the safety and welfare of horses and riders. The USEF has instituted a Safe Sport Policy available at this link.
Questions and answers regarding the USEF Policy are available as FAQ’s at this link. NAES has had similar policies in place since its inception.
NAES clients expect absolute confidentiality in their dealings with our firm. more... |
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Featuring breeds
that are threatened
May -Dec, 2021
October 2021
American Cream Draft
Tracing the breed's origin you have to go back to1902. A draft mare from Iowa with a creamy coat and amber eyes, called Old Granny consistently produced foals with her genetics traits. more...
Past horses of the month |
NAES - Ethics
October 2021
Q. If a horse is in a fender bender accident with no serious injuries. The owner who is in need of money sees the insured horse as a way to profit from the accident. Does the owner have a case, based on an inflated appraisal?
Click Here for the Answer |
| Current & Past Tips |
NAES, while not giving legal advise of any kind, provides a full range of services to horse owners, and the legal and insurance communities. Check our Legal Services page for more.
- FREE phone discussion for however long it takes to discuss anything horse-related.
- NAES can then guide you in the areas of standards & practices, accident investigation and anything involving horse activities.
- We also provide expert witness testimony for settlement conferences, arbitrations, mediations and at trial. |
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