Florida Horse Hay Sales and Delivery
Insurance of all kinds has become endemic in our society today; car insurance, home owners insurance, health insurance, and everything in between. The role of insurance in our lives is the protection of our assets. And when it comes to horse insurance, the goals are the same. For those who own one or more horses, horse insurance provides them with the same peace of mind as any other insurance policy.
Just as a serious collector of antique cars would think nothing of purchasing a comprehensive insurance policy to protect his financial interests, the owners of horses must similarly protect their interests. Horse insurance policies are purchased just like any other insurance policy – through reputable underwriters that specialize in this particular type of insurance. The breadth and subsequent price of the insurance policy depends on the type and level of coverage that the horse owner chooses to purchase.
In most cases, horse insurance is purchased because the livelihood of the horse owner depends on the functionality of the horse. For instance, those horses that are used for racing or breeding – and subsequently bring their owners a financial return – are often considered to be prime candidates for horse insurance.
There are a number of different options when it comes to horse insurance and each owner must examine the policies as they relate to their particular situation. Insurance policies can often be customized to fit the owner’s particular situation and needs but there is some common practices standard to most policies.
One such horse insurance policy includes coverage for the death of the animal. In this case, the owner receives a pre-determined lump sum payout in the event of an untimely death of the horse.
In the event of permanent incapacitation, due to injury or illness, the horse insurance policy will often pay the owner a percentage of the amount the horse would have earned throughout a healthy lifetime. This coverage is often extended to race or show horses.
For horse breeders, a horse insurance policy that covers infertility is often necessary, as the inability to breed particular horses could result in a significant loss of revenue.
In some cases, owners will purchase a horse insurance policy that acts much like a health insurance policy for humans, covering major medical care in the event of illness, and even specific surgical procedures should the animal require surgical intervention.
There are often caveats placed on a particular horse insurance policy that extends coverage for injury or death to the horse as a result of particular risk factors such as lightening or during the transportation of the horse. These are factors that are spelled out in detail in the policy and are often pricey add-ons. But, depending on the particular situation, it may be well worth the cost.
Most importantly, it is essential that anyone interested in purchasing a horse insurance policy do so through a knowledgeable and trustworthy underwriter. If you are unclear about a particular company’s reputation, you should be sure to do your homework. Just as you do with any other insurance policy, get a variety of quotes and comparison shop. In so doing, you can find horse insurance that makes significant allowances for the care of your horse and subsequently protects your financial interests.
Riley Hendersen
http://www.articlesbase.com/pets-articles/protecting-our-horses-with-horse-insurance-121451.html
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10 Responses to Protecting Our Horses With Horse Insurance
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Florida Horse Hay
Do Amish people need some equivalent of car insurance for their horse and carriage?
I've always wondered about this – if a car got into an accident with a horse and carriage, and the horse and carriage owner was at fault, I'd imagine they'd need car insurance or some equivilant to protect them against the costs of the accident.
Do not expect any Amish to answer this question
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All vehicles used on a public road must be insured regardless of who owns them.
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life
No insurance needed on an Amish carriage. If an accident was their fault they would have to pay for the damages.
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It is actually possible to get insurance on horse-drawn vehicles and for horses as transport. It depends on the state as to whether it is compulsory.
Amish vehicles do need the correct reflectors and even lights in some areas, for safety.
EDIT
Elegante's point is very well made, and it is in line with Amish beliefs. They do, however, conform to legal requirements for insurance where expected. I have some Amish friends who mentioned this.
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No. But most will be covered by their 'farm policy'.
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30 years a cop
No, the Amish do not use insurance of any kind, because they believe that this goes against God's will.Should an accident occur or the need for financial support arise, the community helps out.
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Not in PA. The Amish are not required to carry liability insurance on a horse and carriage. Nor does it require licensing or inspection.
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They don't need insurance. See, first of all, the Amish travel at a trot. That's as fast as they go. Second, a horse has a brain – they're about as smart as a 4 year old. It's darned hard to convince a horse to trot headfirst into a tree, or headfirst into an oncoming vehicle.
I used to live in Lancaster, and there ARE car/buggy accidents – but what happens, is a car is speeding on the roads, at night, and usually rearends the horse and buggy. It's UGLY, and I've never seen one where the horse/buggy combo was at fault.
An interesting side note – Amish don't sue. They believe that any injuries done by a car, in an accident, were God's will.
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Over the years as a claims adjuster I have many claims involving cars and Amish buggies (mostly in WI). They don not carry insurance and are not required to do so. The only requirement they have is to put the orange triangle on the back of the buggy.
Also, a good place to check is…
http://www.knowledged.info/go.php?link=insurance
Best of luck to you.
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