Equine Special Accident
WHAT IS IT?
This policy is a less expensive alternative to Full Mortality & Theft. It covers your horse for death or humane destruction caused by sudden external accident with theft included. It does not cover against sickness, disease, or natural causes.
REQUIREMENTS
The horse must be free from lameness, injury, or physical disability. The age of the equine must be between 24 hours and 20 years.
COST
Rates typically run 2% – 2.5% for all horses.
EXAMPLES
- You have a 12-year-old broodmare worth $8,000. She lives out in the pasture at the ranch, and you want to have some sort of coverage on her, but you don’t need all the coverage a full mortality policy would give. You take out a Equine Special Accident on her. A few months later, she is struck by lightning and is killed. You call your insurance agent at Plains Horizon Equine Insurance and report the accident. The policy pays her $8,000 value.
- You have your 18-year-old youth barrel horse insured for $7500 with an Equine Special Accident policy. He is running through the pasture and runs into a pipe fence and breaks his leg. You call your insurance agent at Plains Horizon Equine Insurance and report the accident. The vet comes, and the horse has to be put down. The policy pays out the $7500.
Examples are for information purposes only. Every case is unique. Contact an agent for details. (877) 569-8960.