Loss of Use Insurance

A horse may represent a friend to many owners, but when they are a “business partner” too, will you be protected from the loss of the animal’s value? Protect your assets with loss of use insurance in the event your horse sustains accident, illness, or lameness, which renders him/her totally and permanently disabled, but does not require destruction for humane reasons. Options for external accidents or internal medical conditions are available depending on the animal’s use, age, value, and medical history. This loss of use insurance protection may be added to the equine mortality insurance policy. Typical questions asked are:

• Must the horse be in good health, with no injuries, sickness, disease or lameness issues, past or present?
• Are there minimum value requirements in order for the horse to qualify for this coverage option and age ranges?
• Which coverage option makes sense for my situation?

Our horse insurance specialist is prepared to answer your horse insurance questions regarding any specific conditions you think may meet requirements. A regular vet exam is required, along with x-rays and flexions for the navicular bone, Proximal Sesamoid bones, Fetlock joints, and tarsal joints.  

Please be aware that to file a claim, the veterinarian must make a written statement that the horse is PERMANENTLY disabled. The veterinarian must be sure that the horse will never be able to perform at a level comparable or close to the level at which it performed prior to the sickness, injury or disease that caused the disability.

These are just a few of the options you should consider when purchasing horse insurance. From equine medical insurance to equine mortality insurance coverage, Eaton & Berube can help you create the right loss of use insurance policy for your horse.