How to Take Full Advantage of Equine Liability Insurance

This article will discuss the benefits of equine liability insurance and the types of coverage. Read on to learn about commercial equine liability insurance and the benefits of the coverage. We will also discuss care, custody, control coverage, and infertility insurance. While every insurance policy comes with its help, learning more about these policies before purchasing is essential.

Commercial equine liability insurance

If you’re an equestrian professional, you may be wondering if you need commercial equine liability insurance. This type of insurance is specifically designed for equestrian professionals. It covers legal liabilities and defense costs for any horse event organizer but excludes injury or damage to property or participants of the event. For these reasons, it’s often referred to as spectator coverage. 

When determining whether you need commercial equine liability insurance, you must consider what type of equine activities you’re involved in. For example, if you’re a boarding stable, you may want to purchase premises coverage for independent horse professionals who work at your stable. In addition, although a standard homeowner’s insurance policy does not cover business activities, accepting money from horse owners to ride horses qualifies as a business activity.

Care, custody, and control coverage

If you own and ride horses for business, you may want to consider equine liability insurance. This type of insurance covers your costs for injuries, property damage, and defense costs if you are sued. It covers medical expenses, replacement costs, and legal defense if your horses are injured or killed due to your negligence. There are many benefits to owning this type of insurance, and the price depends on the type of policy and the value of your horse. If you have a horse farm, this insurance is critical. You will need to choose the coverage and deductible that best fits your needs.

Complete Mortality: A full mortality policy protects your horse against a more comprehensive list of causes than a standard plan. It covers the cost of post-mortems and removal of the horse’s body. This type of insurance will also cover the costs of emergency stabling if your horse is injured or dies. While full mortality insurance is more expensive, it gives you financial peace of mind. It also costs a flat fee depending on the annual limit.

It is also helpful in cases where you trailer other people’s horses. These policies include limits for each horse and each procedure. 

This coverage can be confusing for many owners. Equine liability insurance is available through brokers or specialty insurers. The cost of replacing a horse can be substantial. However, you can purchase a policy to protect yourself against property damage or personal injury. If you have a horse-related business, you should consider getting Equine liability insurance.

Infertility insurance

Many people think Equine liability insurance covers everything – but what is infertility insurance? It’s a benefit of the policy covering the equine’s inability to conceive. However, infertility coverage is not always available with horse insurance.

Infertility coverage can cover both the mare and stallion’s unborn foal. It takes effect 45 days after the mare’s last service and lasts until 30 days after the foal is born. In addition, general mortality coverage can cover animals transported.