Why Horse Medical Insurance Matters For Horse Owners

Horse Medical Insurance

Having a horse medical insurance policy can save you a lot of money if you are ever unable to work because of an illness. Depending on your insurance policy, you may also be able to recover lost wages.

Loss Of Use

Adding loss of use to your equine medical insurance can provide financial support for your horse’s veterinary care. The policy pays out a specified percentage of the horse’s value if it is permanently disabled from performing the insured activity. Loss of use coverage is designed to protect you and your horse should the unexpected happen. You should be aware of the requirements of your policy, but you should also be prepared for the costs of regular veterinary care. Depending on your horse’s age and condition, this type of coverage may be appropriate for you. There are two main types of loss of use coverage. The first is external injury only, which covers your horse’s injuries resulting from an accident or injury. The other is the full loss of use, which covers your horse’s injuries and disabilities.

Permanent Disability Or Loss-Of-Use Endorsement

Adding loss-of-use insurance to an equine medical insurance policy protects against financial loss should your horse’s health suffers from an unexpected illness or injury. This type of insurance pays a percentage of the insured value of the horse, depending on the policy. The premium for loss-of-use coverage is generally higher than major medical coverage. It can be added to a full mortality policy or a 30-day mortality-only policy. It may also be added to an International Transit policy. To qualify for loss of use coverage, a horse must be between three and twelve years old, have good health, and be insurable. A veterinarian exam is usually required before the policy is issued. The exam will include x-rays of the front feet and hocks. The policy must be written with an insurer licensed to do business in your state. Make sure the insurance company is financially stable and has a good reputation. You should also ask about the financial stability of the underwriting company.

Homeowners’ Policies May Cover Horse Liability.

Whether you own a horse for recreation or to provide an income, it’s crucial to have a good insurance policy in place. This includes liability insurance. It’s also important to understand what types of activities are covered by your policy. There are two types of liability insurance. The first is coverage that covers bodily injury, and the second covers property damage. Both can be obtained. There are many policies available today. The standard Homeowner’s policy is designed to cover typical homeowner exposures. It may not cover large domesticated animals such as horses, and it may not cover outbuildings that are used for agricultural purposes. Some policies have a small cap on medical expenses payouts. This is important because a horse injury can be very expensive. Most insurers require that you inform them of any horse injuries. Some policies will cover a small percentage of the horse’s value. This may be enough to cover the medical expenses for a laceration or tendon injury.

Horse Medical Insurance
Horse Medical Insurance


Buying horse medical insurance is a great way to help keep costs down. However, it’s essential to understand your options before purchasing a policy. The types of coverage available will vary by the insurance company. You’ll also need to know how to file a claim. There are two types of equine medical insurance: surgical and major medical. Both types of policies cover veterinary expenses, but the costs will vary depending on the coverage. Some policies will also cover alternative treatments. A surgical-only policy will only cover medical expenses for a horse requiring surgery. It will not cover routine care, room, and board, or diagnostic testing. The policy does not cover a hospital stay, but it will reimburse the cost of anesthesia. It’s a good option if your horse needs surgery but you don’t need a full hospital stay.

Leave a Reply

Your email address will not be published. Required fields are marked *