Protect Yourself Against Loss With Equine Insurance
Owning a horse involves a considerable financial investment whether you are involved in showing or simply enjoy trail riding. While the initial cost of purchasing a horse can vary widely, the expense does not end there. Even owning and caring for a bargain equine purchased for $500.00 involves continuing expenses that include housing, feed, veterinary care and equipment. These expenses do not even include purchasing a trailer and tow vehicle which will be needed unless you have convenient access to riding trails.
Although owning equines does require the expense of upkeep for the animal at minimum, you obviously believe all the effort and financial responsibility is worthwhile. Horseback riding is a great form of physical exercise, and is safe for the most part if the horse is properly trained. Just as with any form of physical activity, accidents can and do happen to both the rider and the horse. This is why it is important for you to have horse insurance that has a wide range of coverage.
Owning and enjoying a horse for any category from pleasure riding to high performance showing is usually safe and uneventful. Many equestrians are not presented with any incidents that require equine insurance, but insurance is a life saver when an illness or accident does occur.
There are various types of equine insurance available to meet the needs of every horse owner. If you are the sole owner of one or more equines, you may consider a policy that covers major medical and surgical expenses. Horse mortality insurance compares to a life insurance policy for humans, and you may choose either full or limited coverage according to your needs. Loss of use is an additional option you may want to include in your equine insurance policy.
Farm or ranch policies are available if you are the owner of a boarding facility or horse breeding operation. As a business owner, you will need to protect yourself and your property against liability claims. Your insurance agent can advise you as to which type of policy best suits your situation.