Poly Hive
Queen Bee
- Joined
- Dec 4, 2008
- Messages
- 14,096
- Reaction score
- 401
- Location
- Scottish Borders
- Hive Type
- National
- Number of Hives
- 12 and 18 Nucs
At the moment there are two sorts as I understand it.
Bee Disease Insurance or BDI for short which compensates for frames, floors and excluders but not for the hive bodies.
Third party liability which most have via the BBKA or Local Association, and there are differing limits for that some offer 5million and some but 2.
The astute reader will have spotted a couple of holes here, the primary one being no compensation for bees lost to disease, and the 2nd one being no payment for lost hive bodies.
There is a model where the Association acts as insurer for hives and public liability. However where there are big losses in a year, then the pay out limited to 10% of the pot to avoid going bust is split between the claimants, so in a poor year the pay out might be pennies and in a good one pounds.
If there were to be a policy which was aimed at proper coverage not just bits and bobs here and there, how much would you the consumer be willing to pay?
Beekeeping has traditionally been a low cost hobby but times change and I feel there is a place now for more of a superior insurance which covers the beekeeper properly but that of course will come at a price as does any good insurance.
Over to you.
PH
Bee Disease Insurance or BDI for short which compensates for frames, floors and excluders but not for the hive bodies.
Third party liability which most have via the BBKA or Local Association, and there are differing limits for that some offer 5million and some but 2.
The astute reader will have spotted a couple of holes here, the primary one being no compensation for bees lost to disease, and the 2nd one being no payment for lost hive bodies.
There is a model where the Association acts as insurer for hives and public liability. However where there are big losses in a year, then the pay out limited to 10% of the pot to avoid going bust is split between the claimants, so in a poor year the pay out might be pennies and in a good one pounds.
If there were to be a policy which was aimed at proper coverage not just bits and bobs here and there, how much would you the consumer be willing to pay?
Beekeeping has traditionally been a low cost hobby but times change and I feel there is a place now for more of a superior insurance which covers the beekeeper properly but that of course will come at a price as does any good insurance.
Over to you.
PH