How Farriers Charge for Lameness Work
|Options||% of Farriers|
|Normal trimming and shoeing charges only||17%|
|Extra charges for specific work (materials, specialty shoes, etc.)||90%|
|Charge an hourly rate||24%|
— 2019 American Farriers Journal Lame Horse Survey
Farrier Work is #1 Income Source
Some 37% of full-time farriers have non-related farrier business activities compared to 86% for part-time farriers.
— 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.
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