What Does Horse Insurance Cover?
Horse insurance can provide financial support for a number of different health and treatment requirements your animal might have. Other types of coverage include public liability, death, and theft. Keep reading for some of the most popular horse insurance features.
Major Medical: Major medical is one of the two types of equine health insurance available. It’s the type you’ll need should you want help with veterinary treatments, medication, or covering the costs of surgery through illness, injury, and even accidents. The cost of life-saving treatment is often so high that euthanasia is often the only option for those without insurance.
Surgical: Surgical is the second type of horse health insurance. Rather than cover costs of treatment and medication, surgical insurance is solely to help with any emergency surgeries or necessary surgeries due to injury. Neither surgical or major medical insurance cover routine care or pre-existing conditions. Taking out either of these policies will also require mortality insurance.
Full Mortality: Full mortality is essentially life insurance for your horse. Should your horse die, whether through an accident, injury, illness, or humane destruction, equine insurance companies will reimburse you for the agreed-upon value of your horse. This also includes theft and horses up to the age of 20 can be covered.
Limited Mortality: Though similar to full mortality, limited mortality insurance only covers death for fewer causes. Where full mortality would cover for most accidents and injuries, limited insurance will only cover for distinct causes like flooding, fire, and lightning, and whatever else is written into the policy. The best horse insurance companies will offer several other causes in their limited mortality policies.
Colic Surgery: As the leading cause of death in domestic horses, colic surgery is mostly fatal without abdominal surgery. There are several types of colic in horses and it’s usually contracted through parasites or a lack of roughage. colic surgery is an expensive procedure and often requires a lot of aftercare, and will usually cost up to $10,000. Not everyone has $10,000 lying around which is why it would be better to have insurance lined up.
Loss of Use: Loss of use will reimburse you should your horse no longer be able to provide its insured function. Much like the mortality insurance, loss-of-use insurance can be taken out to cover specific causes. Should you choose the full policy, your horse will also be protected in the event of all accidents, injuries, illnesses, and diseases during its horse lifespan.
Is Horse Insurance Worth It?
If you plan on buying or a horse or you don’t have insurance for the one you have, it’s most definitely worth investing in. Owning a horse means making a financial commitment too, as they’re bound to run into health complications at some point in their life. Having insurance means being prepared for when this eventually happens and having the financial support to get through it.
If you don’t have insurance, you’re also not protected in the event of death or should your horse get stolen. Policies can cover much more than just your horse’s vet bills but the more you include in your horse insurance, the more expensive it will be. Be sure to consider what your horse needs but also how much you can afford to spend.
Common Health Issues Horse Insurance Should Cover
Besides colic or sunburn in horses, these quadruped face several other health issues, but they can all be covered with horse insurance. Below are some of the most common horse diseases that can be covered with insurance.
- Equine Arthritis - Arthritis is a problem for horses just like humans. Though it tends to occur in older horses, it can happen to horses of all ages. Erosion of the joints is caused by inflammation and can leave long-term damage on a horse’s joint structures. It can affect any joint in the body and it’s commonly found in the knees and shoulders.
- Laminitis - This condition is very common during a horses lifespan and can be incredibly painful for them. It occurs in the tissues that bond the hoof wall to the pedal bone. It’s usually caused by poor trimming of the hooves and repeat trauma through activities like riding and jumping. If one limb suffers, a horse will carry most of its weight on the other limbs, which can also cause laminitis.
- Cushing’s Disease - Cushing’s disease can be tough for vets to diagnose. It’s a problem with the pituitary gland in the brain, which plays an important role in a horse’s wellbeing. As the gland gets larger, it results in the overproduction of hormones which leads to symptoms like decreased strength, recurring infections, and delayed shedding. Cushing’s disease isn’t to be confused with Equine Metabolic Syndrome.