This document discusses various types of insurance coverage for equine businesses. It outlines mortality, medical, and surgical coverage options for horses. It also describes liability coverage for equine activities, including personal horse ownership, commercial operations, professional services, and events. Higher umbrella liability limits are recommended to supplement primary policies. The takeaway is to carefully review policy details between insurance providers.

1. February 25, 2012

2. Equine Insurance
Using Insurance to Protect Your
Equine Business Investment
Wade Ellerbroek
Licensed Real Estate Broker, Insurance Broker and Appraiser
Ellerbroek & Associates

3. Overview
Introduction
Coverage for your horse
Coverage for your equine activity
Umbrella liability coverage’s
Take home message

4. Coverage for Your Horse
• Mortality Coverage
Life insurance
All risk
Covers theft
Premiums based on
• Breed
• Bloodlines
• Age
• Use

5. Coverage for Your Horse

6. Coverage for Your Horse
• Major Medical
• Similar to a policy you carry on yourself or
your family
• Covers accidents, injuries or illness
• $250 deductible/
claim
• Annual premium

7. Coverage for Your Horse
• Surgical Only
 Includes anesthesia
 Covers accident, injury or illness
 In addition to surgery it will pay up to 35% of surgical fees
for hospitalization (X-rays, medication & lab tests)
 After care, board & transportation are not covered
 A lot of illnesses do not require surgery and thus are not
covered (EPM and West Nile)
 Option provides your horse with up to a $5,000 yearly limit
 $50 deductible/claim
 Premium

8. Coverage for Your Horse

9. Coverage for Your Horse
• Stallion infertility
• Commonly referred to as AS&D
• Provides coverage in the event that stallion
permanently incapable of settling mares in
foal as a result of accident, sickness or
disease
• Coverage not available first
breeding season
• Premium

10. Coverage For Your Horse
• Loss of Use
• Horse becomes totally and permanently incapable of
fulfilling the functions for which the horse is used
• Its condition does not necessitate
destruction for humane reasons
• Will pay 75% of the horse’s value if
you choose economic destruction
• Or the company may take
possession & title to the horse
• Premium

11. Coverage for Equine Activities
• Equine liability policies are designed to help
protect you if you are sued by a 3rd party due to
property damage or bodily injury while involved
in any of your owned equestrian exposures
• Coverage is provided for defense fees & for
claims for which you are legally liable up to the
policy limits
• Annual policy limits of $300,000, $500,000 or
$1,000,000

12. Coverage for Equine Activities
• Personal Horse Owners Liability Coverage
• Provide coverage for bodily injury or property
damage to 3rd parties caused by the insured
personally owned horse when used for non-
commercial purposes

13. Coverage for Equine Activities
• Equine Commercial General Liability
• Perform any commercial equestrian activities
such as
boarding, instruction, training, breeding, hors
e sales, etc…
• Coverage can be extended to activities off
premises such as riding
instructor or trainer who
travels to clients facilities
or horse shows

14. Coverage for Equine Activities
• Equine Professional Liability Coverage
• Coverage for claims & defense fees resulting
from any negligent act, error or omission
arising from your professional equestrian
activities
• Example – trainer who
rents facilities

15. Coverage for Equine Activities
• Care, Custody & Control (CCC)
• Legal liability coverage for horses entrusted to you by
their owners
• Consider if you board, train or breed horses for others
• If a horse is injured or dies while in your care and you
are found negligent
• Provides coverage for the medical care or replacement
cost of the horse up to policy limits
• Defense costs also covered
• Policy limits on a per horse/year basis

16. Coverage for Equine Activities
• Horse Shows & Events
• Liability coverage for single horse
shows, clinics or equestrian events
• Provided for the actual event day/s &
includes days for both set up & take down

17. Coverage for Equine Activities
• Riding Clubs and Associations
• Coverage is designed to provide liability coverage
for member organizations and their public event
days
• Public event days are those activities to which
non-club members of the general public are
invited
• Coverage for up to 7 public event days during the
year with coverage for additional days available
• Directors & officers errors &
omissions coverage's

18. Umbrella Liability Coverage’s
• Higher limits are available & recommended
for your consideration
• Umbrella policies can add up to $5,000,000
additional coverage

19. Take Home Message
• Please read your insurance policy carefully
• Coverage's will vary from company to
company

20. Contact Information