Bricole Reincke on How to Get the Most out of Your Horse Insurance

Bricole Reincke

Making sure that you get your horse insurance right will make the biggest difference in your horse’s health and the quality of your rides together. Therefore, how can you make sure you’re not wasting money by purchasing policies or add-ons that you don’t really need. Each equestrian can get different values from their horse insurance based on what they actually need in a policy.

A few good tips are:

1) Make sure that the policy you pick that provides short-term savings doesn’t lead to long-term problems.

2) Read the fine print to become familiar with the terms and conditions of your policy.

3) Don’t bother to insure your horse for activities they don’t compete or participate in.

4) Consider taking on a higher payment per month if your horse is looking to have more medical conditions, and take a lower payment when your horse is younger and healthier.

5) Keep an open dialogue with your insurer when your horse goes in for treatment to make sure you aren’t caught off-guard.

6) Have your horse vetted properly before purchasing; it’s the best for of preemptive insurance you can get.

Katie Hopkins is a marketing consultant for the company Petplan Equine. According to her analytics, there has been a rise in overall claims ever since 2019. The number-one condition was arthritis. Arthritis usually begins to have the greatest impact on a horse later in life. However, it is possible to nip this in the bud before it becomes a real problem. Therefore, the overall level of care given to the horse as preventative maintenance will relate to the type of coverage needed for your horse.

Veterinary fees paid out in 2019 to cover the issues of horse arthritis totaled over 1.3 million dollars. The second most common issue in 2019 in horses were gastric ulcers. However, gastric ulcers were so common the year prior that in 2018, just over 1.9 million dollars were spent in veterinary claims.

These figures highlight the great significance of having quality horse insurance. Keeping a good policy in your back pocket in case the worst happens will keep you financially intact and prevent you from having to make potentially uncomfortable decisions. When your horse requires unexpected medical treatment and the vet begins to tally up the bill, you can rest easy knowing that your horse is treated like one of the family. As such, to get the most out of your horse insurance, you’ll want to look at them from that perspective, and support them just as much as they support you.

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