2013년 11월 24일 일요일

About 'horse life'|The Horse Life







About 'horse life'|The Horse Life








If               you               own               or               lease               a               horse,               you               need               to               consider               equine               insurance               coverage.

There               are               a               number               of               different               types               of               equine               insurance               coverage,               so               before               your               purchase               a               policy               or               policies,               you               should               evaluate               your               needs               based               on               the               value               of               your               horse,               how               it               is               used               and               your               personal               financial               situation.

Among               the               types               of               horse               insurance               are               the               following.
               Personal               Horse               Owners               Liability               Insurance.

This               is               insurance               that               protects               you               in               the               event               that               you               are               sued               because               of               harm               caused               by               your               horse               and               makes               payments               in               the               event               that               your               horse               causes               property               damage               or               bodily               injury.

This               coverage               does               not               extend               to               someone               riding               your               horse.

Your               homeowner's               insurance               policy               or               umbrella               liability               policy               may               provide               some               coverage               to               others               who               ride               your               horse,               but               it               is               a               good               idea               to               check               with               your               insurance               agent               before               making               this               assumption.
               Equine               Mortality               Insurance.

This               is               life               insurance               for               a               horse.

Whether               you               need               it               and               for               what               amount               depends               on               the               value               of               your               horse.

If               you               own               a               relatively               inexpensive               horse               that               is               used               for               recreational               riding,               you               may               choose               to               forego               it.

On               the               other               hand,               if               you               own               valuable               show               horses,               you               may               want               to               purchase               equine               mortality               insurance.

To               obtain               mortality               insurance               for               your               horse               you               will               need               to               estimate               its               value.

This               can               be               done               by               using               a               bill               of               sale,               an               appraisal               or               the               price               commanded               in               the               sale               of               a               comparable               horse.

In               addition,               for               some               horses,               you               may               be               able               to               estimate               value               based               on               a               percentage               of               prize               winnings               or               training               costs,               performance               levels               and               so               on.

One               reason               to               consider               mortality               insurance               is               that               you               cannot               obtain               major               medical               and               surgical               insurance               for               horses               except               in               conjunction               with               mortality               insurance.
               Equine               Major               Medical               and               Surgical.

This               is               an               add-on               to               equine               mortality               insurance               and               cannot               be               purchased               separately.

Some               mortality               insurance               includes               limited               coverage               for               colic               surgery               (usually               up               to               60%               of               the               value               of               the               horse               to               a               maximum               limit               of               $3,000),               but               you               may               want               additional               coverage               for               other               illnesses               and               injury               since               veterinary               fees               for               horses               can               be               high.
               If               your               horses               are               part               of               a               business,               you               may               need               additional               horse               insurance               or               commercial               policies.
               As               with               any               insurance,               shop               around               and               compare               rates               and               coverage               before               purchasing               a               horse               insurance               policy.

One               good               way               to               find               a               reputable               company               that               provides               equine               insurance               is               to               ask               to               other               horse               owners               who               already               have               insurance               for               recommendations.

In               addition,               you               can               check               with               specialty               insurers               like               Fry's               Equine               Insurance,               which               advertises               that               it               is               one               of               the               oldest               equine               insurance               agencies               in               the               country               (see               www.frysequineinsurance.com)               or               Markel               Insurance               Company               (see               www.horseinsurance.com).
               When               applying               for               horse               insurance,               be               prepared               to               provide               detailed               information               about               your               horse               including               its               value,               its               age               (after               age               15               there               probably               will               be               restrictions               on               coverage),               how               it               will               be               used,               how               it               will               be               cared               for,               whether               you               provide               certain               medical               care               such               as               vaccinations               yourself,               who               will               be               using               it,               and               so               on.

If               your               horse               is               worth               more               than               $50,000,               you               will               probably               need               a               health               report               from               your               vet.
               Sources:
               www.frysequineinsurance.com;               Equine               Insurance/Horse               Insurance               Business
               www.horseinsurance.com,               Markel               Insurance               Company
               www.mize-insurance.com,               Horse               Insurance               FAQs
               www.horse-sense.org,               Jessica               Jahiel's               HORSE               SENSE               Newsletter               Archives






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