Posted 2014-12-29 9:22 PM Subject: Insuring an "older" horse?
I am a Freak
Posts: 3326 Location: Nowhere Special
Could anyone recommend an affordable insurance company for insuring an older horse? (19 years old) I check with Hallmark whom I have my others insured with and its going to run $2200 a year, wondering if I couldn't find it cheaper somewhere else but its hard to find places that will insure this old of a horse
Posted 2014-12-30 4:04 PM Subject: RE: Insuring an "older" horse?
No Tune in a Bucket
Posts: 2935 Location: Texas
Cannot really help with insurance, but I would probably just start a saving account with the $2200 a year to purchase a new horse in the event of something happens. If you put that much aside per year, you could have a nice starting nest egg for a new purchase.
Posted 2014-12-31 1:18 PM Subject: RE: Insuring an "older" horse?
Elite Veteran
Posts: 678 Location: Canada
Shop around someone has to have a better rate for you.
We pay 3% of the insured value for full mortality for our horses until they turn 21. Once they turn 17 they require a health exam yearly but the rate remains 3%
Posted 2015-01-01 4:21 PM Subject: RE: Insuring an "older" horse?
Elite Veteran
Posts: 926
Wow, the 3% is a deal. I'm insuring an older horse and it get's very pricey, so I ended up dropping the standard plan and going with an accident type. On this 3% who is the company? It sounds too good to be true because the risk obviously goes up on an older horse.
Posted 2015-01-01 8:52 PM Subject: RE: Insuring an "older" horse?
Elite Veteran
Posts: 678 Location: Canada
I use Henry Equestrian insurance. I am in Canada but had to find a US insurance policy a while ago and was quoted a very similar rate. You can call HEP as they may have a US division they can quote you on.
Insuring an "older" horse?
