Insuring your Horse - Advice on Buying Equine Insurance
insurance is a specialised type of insurance policy that provides
insurance cover for horses, riders, horseboxes and trailers for accidents,
3rd party claims, loss of uses, vets fees, theft and other options. There
are a variety of options available from most equine insurance companies.
With equine insurance, as with most things in life,
you tend to get what you pay for.
Choosing to buy a cheap equine insurance policy to cover your horse for
claims for veterinary fees or loss of use may not be the best value or
the best choice.
A good equine or horse insurance company will pay out on claims
quickly and do not hide exclusions in the small print
to avoid paying out in full on your insurance claim.
When choosing an equine insurance policy its
a good idea to ask several people that you know for their advice and personal
experience with their own horse insurers.
Purchasing a good equine insurance policy will give you the peace of
mind to know that if your horse has an accident, falls ill, is stolen
or causes damage to someone elses property that you will be able to make
decisions on what is the right treatment for your horse or pony following
full advice from your vet and not make decisions based on what you can
afford if you do not have insurance.
In addition most equine insurance policies will insure your horse
against third party claims where your horse or pony is involved in any
damage to property or injury to a person in an accident.
Most insurance companies will provide cover for legal advice in the event
of a claim.
Most Common Claims
on Horse Insurance Policies
- Veterinary fees for illness
- Vet fees due to an accident
- Death caused by an illness
- Death due to an accident
- Damaged or stolen saddlery, rugs and tack
- Permanent incapacity or loss of use
- Public liability
- Theft or straying
- Dental cover - horse or rider
- Personal accident to rider
Events that Equine
Insurance Policies can cover
- Loss of your Horse or Pony if it is stolen
- Death or destruction of your horse or pony on humane grounds
due to an accident or illness.Permanent Loss of Use
- Payment of Veterinary Fees arising
from accidental injury or illness
- Third Party Legal Liability
- Theft or damage to Saddlery, Tack, Rugs and Horse-drawn
- Personal accident
- Personal Liability
Making a Horse
Phone your equine insurance company as soon
as possible to let them know that you may be making a claim
and explain what has happened.
They will send you a claim form.
If claiming for veterinary fees your vet will
also need to fill out part of the form.
Your veterinary practice may charge you a fee for completing
an insurance claim form.
Your insurance policy does not usually cover this fee.
Advice on How to Choose a Good Horse Insurance Policy
Ask friends who are horse ownersabout their
experience with Equine Insurers - were they easy to deal with,
were they sympathetic, did they offer good advice, did they
pay out within a reasonable time etc?
You could also ask your local veterinary practice
for advice on choosing a company that they have a good opinion
Decide exactly what type of equine insurance cover you will
Get and carefully compare several quotes from different specialist
equine insurance companies.
Check for exclusions and limits
on insurance claim payouts.
Don't make your decision on a choice of insurance on price
Equestrian Activities Covered by Horse Insurance
Most Horse Insurance Companies provide insurance
policies that cover different types of use.
Make sure that you get the correct insurance
coverfor your horse.
Activities that your horse or can usually be insured for
include: Breeding, Showing, Gymkhanas, Show jumping, Arab
Racing, Dressage (at different levels), Pony Club and Riding
Club Events, Hunter Trials, Driving, Racing, Cross Country
Team Chasing, Novice to Advanced Eventing, Long Distance Riding,
Polo, Hunting, Hunter Trials.
Insurance premiums will vary according
to the level of competition that your horse or pony is competing
Insuring your Horse - Advice on Buying Equine Insurance and
choosing the best equestrian insurance policy for a horse or pony