Guide to Navigating Horse Insurance Claims and Preparation Tips

By Laura Connaway of Connaway & Associates Equine Insurance Services Horses are more than just companions and competitors; they represent a substantial financial investment. Securing insurance coverage is an essential step toward safeguarding your assets. Despite diligent care, unforeseen events like accidents, illnesses, or injuries can occur. Understanding your policy and reporting procedures beforehand is crucial. Shared Responsibility in Horse Insurance When your insurer agrees to cover your horse, both parties share the financial risk in exchange for premium payments. The insurance agreement details the duties of both the owner or lessee (the insured) and the insurance provider (the carrier). It's important to notify your insurer about any changes in your horse's health—such as accidents, illnesses, or injuries—especially those requiring veterinary attention beyond routine care. Minor issues can often be reported as an "incident only," but if the condition persists or worsens, it may lead to a formal claim. Timely reporting within the policy's specified period is vital to maintain coverage. Elective procedures, like gelding or surgeries, also require prior notification befo...