While some horses are pets, most quality using and breeding horses are valuable investments worth thousands of dollars. As such, it is crucial to make sure you as the owner or lessor are protected from accidents and illnesses that may lead to expensive medical bills and treatments. Fortunately, horse medical insurance is available on most equines to provide coverage for a variety of risks to help you protect your horse, your investment, and your bank account.

Types of Equine Insurance Policies

• Horse Medical Insurance – This policy generally covers veterinary costs, surgery, and treatments in case your horse gets injured or sick up to the chosen limits in an insurance policy. Horse medical insurance may also provide protection for emergency transport and stabling costs in case your horse needs to be taken to a veterinary hospital.
  
• Horse Mortality Insurance – This policy provides coverage in case your horse dies due to accidents or sickness. Horse mortality insurance does not, however, provide reimbursement for burial, cremation, or disposal costs.
  
• Ranch Insurance – This policy provides coverage for property damage, liability, and business interruptions related to your horse ranch or facility. Ranch insurance can also cover equipment, feed, and supplies in case of theft, damage, or loss.

What to Consider When Choosing an Equine Insurance Policy

• Coverage – Make sure that you understand what your insurance policy covers and what it does not cover. Read the fine print carefully and ask questions to clarify any confusing terms or conditions.
  
• Cost – Equine insurance policies can be expensive, so make sure that you can afford the premiums and that the policy provides good value for your money.
  
• Reputation – Choose a reputable highly rated insurance provider with a track record of providing exemplary service and paying out claims promptly.
  
• Customization – Look for an insurance policy that can be tailored to your specific needs and requirements. Some insurance providers offer customizable policy options and financing that can be adjusted to fit your budget and coverage needs.
  
• Deductibles – Ask if there is a deductible on the insurance policy.  If there is, consider the deductible amount and choose a policy that offers a deductible that you can afford and is reasonable for your specific situation.