Being a caretaker of horses, whether as a business or a hobby, can signify a concern for one’s liability in relation to caring for horses belonging to others (third parties). One crucial means of safeguarding the costs of potential liability involves the purchase of care, custody, and control liability insurance (CCC).

Understanding CCC Insurance

This coverage holds a pivotal role in equine businesses involving boarding, breeding, training, and rehabilitation of horses and other equine. Wouldn’t it be alarming to discover, after a disastrous event for which you are responsible, that your regular liability insurance does not cover the animals entrusted in your care? This is where CCC insurance steps in.

It is designed for businesses entrusted with the care, custody, and control of horses owned by others. In the context of a farm or ranch, this refers to non-owned horses or other equine under your supervision and care. A CCC policy covers you for damage, injury, or death of such animals while in your care, custody, or control if you are found liable, negligent, and responsible for the loss. Ordinary liability policies often exclude this, making CCC a crucial add-on to your General Liability Insurance plan.

Importance of Ranch Insurance

Running a ranch implies dealing with potential risks every day. Your property, equipment, buildings, livestock, and horses are all exposed to various hazards. This is where ranch insurance becomes a need for your financial protection as a package policy.  The farm and ranch package policy provides four types of insurance:  Damage or loss to your house, barns, stables, arena, and other outbuildings; personal property related to your home and farm and ranch business; and personal (non-commercial) and general liability (business / commercial).

The Farm / Ranch package policy offers coverage that can extend beyond traditional hobby farm or homeowner policies. It insures you for the value of your home and ranch structures.  Equally important is the coverage it can include for the loss of farm personal property, machinery, horses, and other livestock.

Remember to look for ranch insurance policies that include a Care, Custody, and Control policy if you board or care for horses or other equine belonging to others.

Owning a horse farm or ranch and livestock can tie a significant amount of your wealth to what you love.  Safeguard your investment with farm and ranch coverage. Stay prepared and protect your passion.