What is horse insurance?

Only horse owners know how truly important and expensive our horses can be, and we would be lost without them. As horses are flight animals, they can tend to get scared easily and injure themselves when faced with potentially dangerous situations.

This is why horse insurance should be a must for any horse owner, to save them from the vet bills that can pile up with the lovable yet unpredictable animals.

Vet fee cover

One of the most common reasons to claim on horse insurance is for veterinary fees. Veterinary medicine can be expensive and if you do not have the means to pay an unexpected bill of up to several thousand dollars for an emergency surgery for colic, or a lameness investigation, you may be faced with the unpalatable decision of whether or not to have your horse destroyed.

Petcover horse insurance offers two levels of cover for vet treatment, following an injury or illness. “Standard Cover” pays up to $10,000 in any one claim or in any one year with an excess of $200 per condition. The other option is “HiXS Cover” which pays up to $7,000 in any one claim or in any year with an excess of $1,000.

Veteran Plans

Petcover horse insurance Veteran Plans are a value for money package offering essential cover for horses and ponies aged from 17 to 29 years. It covers up to $3,000 following the death of your horse due to injury or if it is lost, strayed or stolen, including advertising and reward.

Horse insurance

While your horse may find themselves getting sick or injured, horse insurance covers much more than just the basic veterinary bills. Some of the other horse insurance options include:

Mortality, Theft & Straying – which refers to either the death of your horse or its physical disappearance, whether by theft or by straying. This covers the sum insured or market value – whichever is the lesser – should the horse pass away or has to be euthanised on humane grounds, or was to be lost or stolen during the period of insurance.
Permanent loss of use – this area of cover exists to protect you if your horse were to suffer an injury or illness so severe that it will never be able to participate in the activity it is insured for again. The disability has to be permanent and it has to prevent the horse from doing the activity that it is insured for.
Disposal after death – this covers up to $3,000 towards the cost to remove and dispose of your horse’s body if it dies or is humanely destroyed.
Saddlery & Tack – this cover replaces or repairs, saddlery & tack that has been stolen, damaged or destroyed. The insured saddlery & tack must be kept in a locked tack box, vehicle or building.
Horse float cover – Petcover offers insurance for your horse float or horse drawn vehicle. If your float or horse drawn vehicle is destroyed, stolen or damaged the cover will repair or replace up to the sum insured or market value, whichever is the lesser.

Horse Liability cover

Horses are naturally flight animals and due to their natural instincts can act out of the ordinary and potentially cause risk to themselves and to others. In any situation where a third party is injured (or worse) or their property is damaged, they can look for financial compensation.

You could face being taken to court and having to cope with paying damages which could potentially run into thousands of dollars if you are found legally liable for the actions of your horse should they cause damage or injury.

Overall, horse insurance is there to protect you and your horse from the unexpected that is inevitable as a horse owner.