Why Do I Need Equine Insurance?

A horse is a major purchase and needs to be insured to protect your investment should anything happen to your horse. It is important to have horse insurance in place because so many different things could happen. The worst that could happen is obviously the death or theft of your horse, but you can also include vet's bills for the treatment of injuries and sickness in your insurance policy schedule.

Equine insurance is important because if something tragic happens and your horse dies you will not get your money back otherwise. It is up to the horse owner to protect themselves and their horse from unforeseen events. Horse insurance can also protect you against the soaring cost of vet's bills which can easily mount up quickly. The price of equine vet bills increases every year and you never know when something unpredictable is going to happen. One minute your horse can seem fine and the next he might show signs of illness. You never know when something is going to occur so it is best to plan ahead and be prepared.

Horses are valuable assets and thus can be attractive targets for theft; the only way to protect you against this is to have equine insurance. Horse theft is a lucrative business; thieves could easily gain access to your paddock and take your horses. It is also wise to take out liability insurance as well. You will then be protected not only in the event of a fall, if someone else is riding your horse, but also if your horse hurts someone else or damages property. In many competitions third party liability insurance is mandatory. However, in some competitions it is included in the cost of entry.

Buying equine insurance may seem like an unnecessary expense to some, but in the long run it will probably save you far more than the premiums cost. It is highly likely that you will need to file a claim at some point during the lifetime of your horse. All horses experience injuries and sickness at some time in their life. The cost associated with horses is huge and without insurance they can be impossible to afford. There are plenty of insurers who offer equestrian cover and there are also insurance companies who specialise in it. As with other types of insurance, do your research carefully and you should find exactly the type of coverage you are looking for.

As the UK's fastest growing independant ethical insurance company, AFI have been dedicating all net profits to the welfare of animals around the world for many years now. We are proud to have added horse insurance to our product list. For an insurance quote on your horse, pony or donkey call our dedicated horse insurance team on 0844 57 32 100.