Race horses are a valuable, long-term investment. To ensure that owners and trainers cover their financial losses in the event of an injury or accident, race horses are insured in much the same way as any other high-value asset.
Table Of Content:
- Race horse coverage is long shot—Restrictions and price cause ...
- Can Horses Be Insured? What About Racehorses?
- Race Horse Owners - AgriBusiness® - Great American Insurance ...
- Race Horse and OTTB Thoroughbred Insurance | Kay Cassell Equine
- Are WPT Racehorses Insured? - West Point Thoroughbreds
- Do racehorse owners take out insurance policies on their ...
- Racehorses - HQ Insurance
- Insurance - TOC Online | TOC Online
- Horse Power: mortality insurance for horses at all ages and stages.
- INS AND OUTS OF HORSE INSURANCE
1. Race horse coverage is long shot—Restrictions and price cause ...
https://roughnotes.com/rnmagazine/2006/october06/10p078.htm
Oct 6, 2006 ... The agency's president, Michael Levy, told Rough Notes that the primary coverage for race horses is all-risk mortality (ARM). “There is no ...
2. Can Horses Be Insured? What About Racehorses?
https://horseracingsense.com/can-horses-be-insured-what-about-racehorses/
May 5, 2022 ... Horses can be insured (whether barrel, trail, or other) with various insurance options, from mortality insurance, medical coverage, liability, ...
3. Race Horse Owners - AgriBusiness® - Great American Insurance ...
https://www.greatamericaninsurancegroup.com/for-businesses/product-details/agribusiness/race-horse-owners
A Race Horse Owners Insurance Policy (RHO) is for racing stock owners that are not directly involved in breeding, training or racing, but instead contract ...
4. Race Horse and OTTB Thoroughbred Insurance | Kay Cassell Equine
https://www.kaycassell.com/race-horse-and-ottb-thoroughbred-insurance/
Race Horse and OTTB Thoroughbred Insurance is available on a case-by-case basis and OTTB's must be sound and healthy in order to obtain insurance, but we work ...
5. Are WPT Racehorses Insured? - West Point Thoroughbreds
https://www.westpointtb.com/are-wpt-racehorses-insured/
Jan 6, 2015 ... The insurance company also provides emergency colic surgery coverage up to $5,000 as part of the mortality policy. For a policy covering a horse ...
6. Do racehorse owners take out insurance policies on their ...
https://www.quora.com/Do-racehorse-owners-take-out-insurance-policies-on-their-racehorses-prospective-and-current-racehorses-like-they-do-on-show-horses
Very seldom. · I have owned racehorses for many years. Only one was insured, this was my Graded Stakes winning mare. · You must remember, the vast majority of ...
7. Racehorses - HQ Insurance
https://hqinsurance.com.au/thoroughbred-insurance/racehorses/
Thoroughbred Insurance Racehorses. Racehorses get put through their paces and therefore it is important to have the right cover in place.
8. Insurance - TOC Online | TOC Online
https://www.toconline.com/racingownership/owner-handbook/insurance/
As a rule, the premium for mortality insurance on racehorses is about 5% of the value of your horse, and IF you are paying the appropriate amount in premium, ...
9. Horse Power: mortality insurance for horses at all ages and stages.
https://axaxl.com/fast-fast-forward/articles/horse-power
Apr 30, 2021 ... Such a loss of a thoroughbred race horse or show horse can be ... At AXA XL, half of the horses we insure do not race or compete.
10. INS AND OUTS OF HORSE INSURANCE
https://www.ownerview.com/sites/default/files/BH1-InsuranceFeature.pdf
Jan 7, 2017 ... other forms of insurance.” The costs associated with horse own- ership as well as declining Thoroughbred foal crops have led to fewer owners ...
Is there a standard insurance policy for race horses?
No, most policies are tailored to the individual horse's needs. Depending on the breed, age and training schedule of the horse, different coverage options may be available. Generally, though, most policies will provide some form of liability protection and medical coverage for unexpected injury or illness.
Who is responsible for paying for race horse insurance?
The horse’s owner/trainer is typically responsible for paying all insurance premiums. These costs can vary widely depending on the breed and level of coverage required.
Are pre-existing conditions covered by race horse insurance?
No, pre-existing conditions are not generally covered by race horse insurance policies. It is important to discuss any known health issues with your insurer prior to purchasing a policy.
How does one go about obtaining race horse insurance?
Most insurers will require an in-person assessment of the animal prior to issuing a policy. They may also request documentation such as recent medical records and proof of purchase/ownership of the horse before issuing coverage. You will also likely need to provide information about your own personal background and experience in handling horses when applying for a policy.
Are there any special considerations when insuring stallions?
Yes, many insurers will offer specialized liability protection due to the potential risks associated with stallions. Additionally, stallion owners may be able to purchase separate reproductive coverage in order to protect their investment from potential losses due to infertility or reproductive complications with their animal(s).
Conclusion:
Race horse insurance is an important tool that protects both owners and trainers against potential financial losses as well as providing peace of mind should anything happen to their animal(s). There are a variety of policy options available that can be tailored according to specific breed type and needs so it’s important to do research before deciding which one best fits your situation.