Hi everyone!
If you remember, before the holidays we began our blog posts talking about different types of Equine Insurance. Today, we would like to finish that blog segment by talking briefly about Health Insurance and other types of Insurance that equestrians should consider. Enjoy!
Health Insurance
Another type of insurance that owners of valuable horses might consider is Major Medical and Surgical coverage. This insurance can help you pay for major surgeries and medical procedures. It does not cover you for vaccinations, care for mares and foals, or other routine veterinary procedures. What is, and is not covered under these policies varies widely and your horse may have to pass an exam. Again, there may be specific processes for making a claim, so be sure you know exactly what your policy includes and what must be done to complete the claim.
Other Types of Insurance
Other types of equine-related insurance include Loss of Use, which tends to be an expensive insurance, mainly for performance horses should they sustain an injury or illness that renders them unfit for use. Shipping insurance can be purchased for horses being transported-say breeding stock being imported from another country, or a show horse being hauled across several states. Horse trailer insurance may be purchased to protect you should your trailer be damaged in an accident. Coverage can also be bought for tack and equipment.
Whatever insurance you buy, be sure you understand exactly what you are purchasing and what you are signing for. Your insurance agent should be able to explain any terms you do not understand. If you use your horse for any type of equine-related business, such as breeding, lessons, trail rides, or you board horses, you need to talk with your agent about commercial insurance that will protect you and your employees.
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