If you own a horse, you already know that caring for such a large animal can be an overwhelming responsibility. In addition to keeping your horse healthy and safe, you have to ensure property and other people are protected from the horse. All of these factors combine to form an immense financial burden, but you can offset the costs of maintaining your horse by obtaining a comprehensive insurance policy.
When you do request a horse insurance quote , you should take the time to look at the coverage levels for each item. This may be especially important in terms of the health insurance portion of the policy, because even a minor illness or injury can be expensive to treat. Depending on the horse’s medical condition, you may be looking at hundreds or thousands of dollars in veterinary bills. If you have adequate coverage, you may only have to pay a small co-pay to get your horse the treatment he or she needs.
When your horse reaches his elder years or is critically injured, you may be facing the loss of use of the animal. If your horse is a racer or performer, obtaining coverage that can reimburse you for this loss may be especially important. Even if your horse is just a beloved family pet, facing a terminal condition can be costly as well as heartbreaking. Mortality insurance will help you cover the costs associated with the animal’s passing, so maintaining full or limited mortality coverage is important.
Your policy should also provide liability and property damage coverage. Horses are large and powerful animals, which means even a simple reaction can end up injuring a third party, or it can cause damage to the property of a third party. While the horse may not have been acting aggressively, the damage he causes can still be extensive. Liability coverage will help you handle a lawsuit that may result from accidents, which will save you from having to pay for damages out of your own pocket.
Just as health and life insurance helps people recover from illness and tragedy, maintaining insurance on your horse can help you to better care for your animal. Often, a horse is more than just an investment and we come to care for our horses as much as we care for any loved one. This makes it that much more important to maintain quality insurance that will help you provide a good and long life for your horse.