Your Pet Care

Search My Pet Care

What to Consider when Purchasing Equine Insurance

By Nicholas Hunt TEXT SIZE Minus Plus

A horse can be a sizeable financial and emotional investment; therefore, it is a good idea to protect your investment by purchasing some form of equine insurance. Equine, or horse, insurance is nothing new, and is designed to protect you financially should your animal get sick, injured, or even die. Though not inexpensive, equine insurance will have you better prepared if your horse requires costly medical procedures.

Equine mortality insurance is the most common type of insurance purchased by horse owners. The policy can insure the horse for up to 100% of its value. Premiums range from 3.2-3.8% of the animal's value, which is determined by its original purchase price, training, and performance records. Some, though not all, equine mortality insurance policies even cover humane destruction of the animal.

Horses can also be put on a health insurance policy. This covers accidents and illnesses that may befall the animal, as well as its dental care and physical check ups. Common equine illnesses like mud fever and rain rot are also covered, and even major events like broken bones or cancer.

Major medical insurance is another type of insurance to consider, and is much more affordable than health insurance. With major medical insurance, you obtain coverage for costly medical procedures like diagnostics, surgery, and post-operative medication. Routine exams, vaccinations, and de-worming, however, are not covered.

What if your horse does not get sick, but instead accidentally kicks or bites someone? To avoid paying high litigation costs, you may consider obtaining personal horse owner liability insurance. This type of insurance protects you should your horse cause damage or injury, and it also pays legal fees that you incur because of negligence.

A final type of horse insurance is commercial liability insurance. If you own a ranch or any kind of commercial property on which people work or perform shows, then you need to protect yourself from lawsuit costs should people get hurt.

How do you decide between all these different insurances? Find a good equine insurance agent. This person will know the value of your horse and what types of insurance are needed. Make sure you have your agent explain the costs and benefits of each insurance policy, and get your price quotes and coverage information in writing. Also, talk with fellow horse owners and obtain agent references.

In conclusion, by buying health insurance for your horse, you will have the confidence that, should something happen, your horse will be taken care of and you will be protected from high medical fees.

About the Author
Nicholas writes for a site offering information on horse and rider insurance cover, along with more general pet insurance tips.

Article source:

Tags: , , , ,

More ArticlesConsider Your Horse Insurance Options Carefully

Horse insurance has maybe never crossed your mind - you've probably never even heard of it, nonetheless considered purchasing it. But many horse owners have come to realize that.. (more)

Health Insurance for Pets in Pennsylvania

Dog owners in the state of Pennsylvania are more then eligible to purchase pet health insurance for their dogs from the American Kennel Club. (more)

Related Articles Suggested Reading More ArticlesHow to Get Cheaper Pet Insurance

After all, the insurance should be specific to the pet, and cover the sort of problems that pet is likely to develop as they age, or suffer as the result of an accident or mishap. Pet owners should talk with their vets about .. (more)

USA Pet Health Insurance

Many American pet owners don't realize that there are similar pet liability insurance plans available in the United States. Pet owners who would like to purchase pet liability insurance to cover any damages their pets might be responsible.. (more)

Pet Health Insurance in Florida

Because of the hurricanes that can sweep up and down Florida's coastline pet owners in Florida should consider purchasing a pet health insurance plan that will protect their pets in event of a hurricane. (more)

Pot Bellied Pig Health Insurance

In addition to health insurance pot bellied pig owners should probably consider getting some type of liability insurance in case their pot bellied pig accidentally hurts someone. (more)

Insurance for Pets

Pet owners who purchase pet health insurance plans from pet health insurance companies do so for a variety of reasons. Pet owners are advised to purchase a pet health care insurance plan as early in their pet's life as possible. (more)