Why Insure?

Over the last several years, more and more horses are being insured. The purchase of a horse or horses is a significant investment relative to purchase price and ultimate maintenance. For many buyers, the purchase of a horse or horses represents the biggest portion of their total spending ability. Purchasing insurance is obviously a way to protect such an investment. I think it is also safe to say that most insurance buyers remain somewhat uninformed as to the process and policy, just as most of us have never read our household and/or auto insurance policy.

Which Policy?

The most commonly purchased insurance policy is for mortality coverage. This policy, like other policies, requires an examination by a licensed veterinarian prior to approval by the issuing company. The examination is paid for by the purchaser of the insurance. Most companies require the same, basic examination to be reasonably sure that the horse or horses in question are in good health and that pre-existing problems (previous colic surgery, laminitis, allergic bronchitis, etc.) do not exist which may influence the horse’s future health. This requires a physical examination as well as an accurate history