Reset Shoe Charges are Not Much Less Than for New Shoes

When trimming and resetting four steel keg shoes, full-time farriers charge an average of $2.09 less than the charge for trims and setting four new steel keg shoes. ($153.44 vs. $151.35)

The difference for part-time farriers was 79 cents less for resetting shoes. ($107.26 vs. 106.47)

— 2018 American Farriers Journal Farrier Benchmark Study

Life Insurance Coverage Lacking in Farrier Industry

A major farrier industry concern is that only 61% of full-time farriers and 51% of part-time farriers have invested in any form of life insurance. This lack of long-term protection places family members at serious risk with a lack of needed income if a farrier unexpectedly passes away.

— 2018 American Farriers Journal Farrier Benchmark Study

Friday's Farrier Facts & Figures is brought to you by Markel Insurance.

Markel Corporation (NYSE – MKL) is a holding company for insurance, reinsurance, and investment operations around the world. Headquartered in Richmond, Virginia and founded in 1930, Markel reports its ongoing underwriting operations in three segments, and products originate from four insurance divisions and one reinsurance division. Markel Ventures, a subsidiary that makes strategic investments in companies outside of the insurance marketplace, is another important component of our business.

In each of our businesses, we seek to deliver innovative products and responsive customer service so that we can be a market leader. Our time horizon is long-term, our underwriting approach is disciplined, and our focus is on continuously improving the quality of the customer experience. Our financial goals are to earn consistent underwriting and operating profits and to combine those profits with superior investment returns to build shareholder value.