Purchasing horse insurance is a good way to control your expenses when it comes to horse ownership. Anyone who has spent any time around horses knows they are expensive as a hobby, and if you are trying to make a profit, the challenges are great.
One of the thing that makes horse ownership so expensive is the healthcare related costs that go along with them. Horses are large animals with delicate legs and digestive systems. This makes them prone to all sorts of lameness issues as well as colic, a digestive illness that can be deadly. Seeking veterinary care is generally pricey as well since you either need to pay an extra fee for the veterinarian to visit your facility or transport your horse to the office.
With that in mind, it is easy to see why medical expenses can add up quickly for horse owners. The idea of having to forgo treatment for your beloved horse for financial reasons is too painful for most people to consider. By investing in horse insurance you can make the decision that makes sense for you and your horse, in consultation with your veterinarian, without worrying about the financial implications.
It is important to note that medical horse insurance covers diagnosis and treatment for illnesses and injuries. It does not cover the cost of annual visits for vaccinations and routine healthcare. It will cover ongoing treatment for conditions such as lameness, and many policies also cover surgical care.
It is important to talk with an experienced insurance agent when purchasing insurance for your horse. They can walk you through the different options offered and help you make the best choice for your particular circumstances. In addition to medical coverage, it is possible to get mortality and loss of use coverage for your companion. This coverage will reimburse you for the value of your horse if he passes away or has to be euthanized. If he suffers an injury that prevents him from doing the job he was performing when insured, you can collect a percentage of his value under loss of use coverage.