Do You Really Need Insurances For Your Horse?


This is often the question that most horse breeding owners always ponder, but it is natural to have insurance ready in the event that financial losses are going to come. Horse owners have their horses insured in order to protect themselves from losing too much of their financial assets because they were not ready. Equestrians also have purchased their very own showjumping and eventing insurance so that they can protect their horse in the event of being stolen, got away or accidentally killed while on transit. Being a horse breeder, both your stallions and mares should be protected, too. There are times when stallions are infertile and cannot impregnate a single mare, which results to losses on your part. Thoroughbred insurance and stallion insurance are recommended to horse farm owners if they want to protect not only their financial assets, but also to protect your horses from the harsh unpredictability of Mother Nature.

First of all, you need to know what makes thoroughbred insurance and stallion insurance different from each other. Thoroughbred insurance policies cover the mortality of your equine investments, only in death and not against injury. It also covers the horse in the case when it becomes killed, lost or other policies include FLT or Fire, Lightning and Transportation. This one is a limited policy than the full mortality policy. This provides coverage to losses or deaths that are caused by transportation accidents, lightning, and fire. Death by disease or sickness is not covered in this policy, which makes it less expensive compared to the full mortality policy. There are certain cases in which insurance companies will not comply with your claims in the case that a number of your horses are killed in an unexplained way. Insurance companies investigate the case to see whether or not the situation calls for the insurance to cover it. When your horses are killed intentionally, you will lose the chance to get insurance coverage for it.

Stallion insurance is more geared towards the stallion’s ability to impregnate a mare. The mortality policy of stallion insurance covers the time when the stallion has become permanently impotent, infertile or loose the ability to impregnate the mares which is a result from a disease they contracted or from an illness and accident. Another policy included in this coverage insurance is the loss of income. Horse breed owners can insure from the loss of income which is resulted from their stallion unable to do their stud duties, especially during their breeding season. This policy is totally dependent on how the wording is written out, which can exclude or include the loss because of the stallion’s death.

Other than thoroughbred insurance and racehorse insurance, there are insurances for mares, too, especially if they are barren. It would affect your business and income if your stallion is very healthy, yet the mare is not. Insurance policies do not just hand out the claims if they see that there is nothing wrong with your stallion, yet the problem lies with your mare. You will also meet some policies that requires fifty mares per stallion to get it insured, although this can be arranged depending on the insurance company you are dealing with. To get the best out of your insurance policies, select at least three insurance companies before you settle with one, and compare their policies or coverages to see where you can get a good competitive price for your own protection and your horse breeding business.

FAQ’s About Horse Insurance and Equine Insurance


The thing about insurance is, during the selling period, it seems pretty simple enough to understand. All you need to know usually is what are the requirements to become eligible, what are the benefits covered, how much is the cost. This applies to all types of insurance, including horse insurance and equine insurance. However, when it comes to the signing of the contract and policy, when we look at the fine print, that is usually the time when every thing becomes a bit confusing and fuzzy, but a lot of people still decide to sign anyway, and their questions don;t get answered. So if you continue reading this article, we will try to answer as many frequently asked questions as we can about thoroughbred insurance companies.

If you are wondering if there is insurance offered for your beloved horse to make sure your investment is well protected, the answer s a big resounding YES! This is usually called Mortality insurance, and this coverage is given should your horse die from an accident, illness or injury. Death due to theft is also being covered in this policy. This is an equivalent to life insurance for humans.

Some breeders also wonder if their horses can also get some sort of health insurance coverage. An equivalent is usually called major medical insurance. But, this is usually an add on for another type of insurance, usually for Mortality insurance, and it cannot be purchased stand alone.

Horse lovers and breeders are usually aware that colic is one of those medical disorders that are common in horses, and for those who have more than one horse they want insured, a lot have been inquiring if their horses are still eligible for insurance even if they already have had colic. The answer to this question varies from one insurance company to another b,ut the generally accepted standard is, your horse may still be eligible for medical insurance if you will be able to provide a satisfactory colic statement or clean veterinary certificate of examination.  However, there will be an exclusion on your policy if your horse has had abdominal surgery.

Another common question that comes into mind is until what age can horses be insured? Again, this varies from company to company, but they generally offer Full Mortality insurance up to age of 20 years, but overage rates will increase the cost to insure once a horse is over 12 or 15, depending on the breed and use of the horse.

Some horse owners want to protect themselves from being sued if ever their goes on rampage and hurts people, or damages property, so they ask if some for of liability insurance is also being offered. The answer is yes, some stallion insurance companys offer equine liability policies, available for both private horse owners and commercial horse owners. This policy offers the owners protection when any one sues them for bodily injury, or damage to property that were cause by a horse that they own.