Working with horses means you can combine your personal and professional passions, but sometimes things can go wrong; horses are unpredictable. The average person in the UK involved with horses can ensure by being an active, savvy consumer they can take out a policy correctly tailored to their circumstances at a competitive price.
Why Comparing and Researching Horse Insurance is Essential
Horse insurance is an incredibly complex segment of the broader animal and pet insurance industry. Combine this with how painstaking it can be to research different horse insurance policies, and there is a temptation just to get a quote from a couple of providers and select the plan that has the lowest premium.
If you do, however, you risk overlooking key differences that mean all insurance providers and policies are different. Because you are not comparing a like for like, it is difficult to rely on the costs of premiums alone to make an informed decision.
It is vital to be aware that a one size fits all policy is not relevant to horse insurance as every horse and circumstance will differ.
Most good horse insurance specialists permit horse owners to select specific cover options that tailor to their requirements. Building an insurance policy that is personalised to you should see secure coverage protecting your needs if anything goes wrong.
Only once you have narrowed down your research, identifying two or three providers that can all offer the personalised options your activities need, should price be a consideration. Then, it makes sense to select the cheapest horse insurance price from your insurer shortlist.
How Can WiseHorse Help You?
We provide you with all the resources needed for an in-depth horse insurance comparison which helps you take out the right cover through informed decisions. We compare horse insurance quotes, undertake reviews of companies and policies and provide in-depth step-by-step guides and horse-related articles. Benefit from our extensive research and information all in one resource hub and take out a policy that closely aligns with your requirements.
Follow step-by-step guides to ensure you take out the best horse insurance policy
Horse cover, as a bespoke product, generally, cannot be chosen on price alone. Our research means you do not need to sift through a mountain of information. We have dedicated guides that include comparing the best horse insurance that allow you to compare the key features and benefits quickly to set you on the right path to making an informed policy selection.
Read detailed reviews of the top UK insurers
Why Do I Need Horse Insurance?
Consider the following problematic scenarios:
- If your horse suddenly suffers illness, injury or requires an emergency procedure, can you afford the medical bills?
- An accident involving your horse may result in injury to yourself or others. If legally responsible, can you pay any legal bills and compensation amounts?
- If your horse dies unexpectedly, can you afford a replacement?
With the ensuing financial and emotional damage, every horse owner needs answers in place for these types of questions before an urgent situation arises.
In the UK, it is not legally required to have cover in place despite a horse being such a significant financial commitment. Yet a policy carefully tailored to your requirements could make the difference, allowing you to keep your horse and avoid financial disaster.
Horse insurance reduces the worry of meeting these unexpected bills and means that you can enjoy your equine pursuits in complete peace of mind.
What Does Horse Insurance Cover?
Insurers will usually provide mandatory cover for death, straying and horse theft. They will provide coverage up to the maximum level you have declared on the policy schedule, typically the purchase price.
There is a myriad of additional features, cover and excess levels that can bolt on to your policy. They include public liability, personal accident insurance, saddlery and tack and vet fee options including excesses. Each cover type has a maximum limit, and for vet cover this applies on a per incident basis.
Some owners take out protection purely to protect against high vet bills after treatment. Others consider personal accident cover for the rider is crucial.
You can learn about every single aspect of insurance for horses from avoiding pitfalls to factors affecting an equine insurance quote in our comprehensive guide to horse insurance.
We have provided this infographic which highlights every single standard feature and optional extra potentially available on a horse policy, to give a feel of the depth of coverage available that can tailor to your situation.
Careful Considerations for your Horse Insurance
It is crucial to understand all the features of horse insurance and which ones match closely to your needs before you consider getting a horse insurance quote and committing to a policy.
The key to starting your path to a robust policy is to ask yourself what your core horse-related activities are and work from there.
We cover this in more detail in our in-depth horse guide, but questions you need to ask yourself regarding your horse ownership and activities may include:
- Am I hacking near the general public? Does this require third party insurance?
- I enjoy eventing, particularly dressage and show jumping. Is there an increased injury risk to the horse and myself?
- Are my stables secure? Will my reins, bridles, harnesses, saddles and other equipment be safe?
- We compete in Europe. Do I need additional insurance for my horse?
The WiseHorse Knowledge Hub
Our website library of in-depth reviews, guides and articles will help you make that informed decision before taking out the most comprehensive insurance policy for your horse.
Before you deal with an insurance professional, you should understand the jargon, types of cover relevant to you and questions that you should ask.
If you own a horse, there are other horse related insurance products available. We have also completed detailed guides for different types of insurance. Equestrian insurance can be wide-ranging, beyond standard horse cover. Further personal and business equine products we researched includes but is not limited to the following:
- Veteran horse cover for animals over a certain age, typically 20 years old
- Horse rider insurance for riders that do not own a horse
- Horsebox insurance covering vehicles used in the transportation of a horse
- Third-party insurance covering accidents involving your horse and members of the public.
- Horse trailer insurance providing coverage involved in the transport of your horse
What is the cost to insure a horse?
The cost to insure a horse starts from around £10 a month and is a basic level of cover for death, theft and straying. Additional options such as vet fees, personal accident, public liability and loss of use coverage can see equine insurance quotes reach over £100 a month depending on the levels required.
Which horse insurance cover do I need as a horse owner?
Legally, you do not require horse insurance, but if you ride in public areas at the minimum, you should have public liability insurance. If anyone is injured or property damaged due to an incident with your insured horse, claims for compensation may result. Public liability from an insurance company will cover you for the damages up to a pre-defined amount.
What is the best horse insurance policy?
The answer is the insurance policy that accurately matches your horse-related activities. If you have complex needs, then a policy that an insurer carefully tailors to your circumstances is highly likely to be more beneficial than one based on just price. Conversely, if you have straightforward insurance requirements, a cheap horse insurance policy may be perfectly suitable.
Which horse insurer should I use?
Getting cover for your horse is complex. Compare equine insurance providers based on varied criteria, not necessarily the one that will get a quote with the lowest premium. Essential is whether the insurer’s staff are knowledgeable and specialist in the horse sector. Also, are there enough optional and standard policy features available for your insurance to tailor to your circumstances?
Is it legal to ride your horse on the road?
The answer is yes. You can ride a horse on roads legally in the UK with minor rules and laws only put in place to reduce traffic build-up, and potential situations involving a riding accident that could endanger life.
Should I declare pre-existing conditions to an insurer?
Not declaring a horse’s pre-existing conditions could be severe enough to invalidate a claim. Insurers will ask you to disclose honestly at the start of the policy any injuries or illnesses that your horse has suffered. It is best to keep all dialogue with your insurer fully transparent.
Can a horse be insured without vetting?
Many insurers will provide cover for a horse without vetting if the purchase price is below a specific value. As the purchase price of the horse goes up, two-stage or five-stage vetting are often necessary. Vets will look for a sign of disease, and the overall horse’s condition including limb, heart, skin and a teeth check. It makes sense to ask prospective insurers what vetting documentation is needed before purchase to make sure the horse is fully insurable, and if all the vet fee cover is available or if there are exclusions.
Who is the BHS?
The British Horse Society or BHS is a charity that raises funds to improve safety, welfare and access in the horse industry and community. As a gold member, public liability, personal accident and expert legal advice are offered in addition to donating to a worthy cause.