Horse Loan Insurance

[pinkcauliflowercat]

To take my part loan horse out, his owner has said I need insurance, I already have BHS Gold. I need approx £10,000 in custodial liability cover, £1,000 for tack protection, and £6,000 for vet fees. How can I go about this and does anyone have recommendations of companies that offer cover this high?

 

[ihatework]

Part loan - so you aren’t in full control of the horse?

In no way, shape or form should you be responsible for taking out vet or tack insurance - at the very most it would be a pro rata contribution to costs under the owners policy.

If they are trying to insinuate otherwise run fast in the opposite direction.

 

[Fieldlife]

I have seen rider insurance where you have these things, but it only covers when horse is being taken out by you as the rider. So isnt very expensive.

So not a field injury / injury if someone else riding etc.

 

[Fieldlife]

part loan doesnt exist in insurance terminology. From insurance you have the horse on full loan or you are a sharer / rider.

I would ask the owner to suggest a suitable rider policy.

 

[ponynutz]

I use Harry Hall rider insurance but I am in no way expected to cover vet/travel insurance as a part-loaner nor do I think it's a normal request.

I would offer to pay (and probably insist on paying at least something should the answer be no), of course, should anything happen while horse/tack was under my care but I'm not expected to have my own separate insurance for things I only use maximum 3x a week.

 

[Fieldlife]

I use Harry Hall rider insurance but I am in no way expected to cover vet/travel insurance as a part-loaner nor do I think it's a normal request.

I would offer to pay (and probably insist on paying at least something should the answer be no), of course, should anything happen while horse/tack was under my care but I'm not expected to have my own separate insurance for things I only use maximum 3x a week.

There are policies designed to cover riding related vet bills e.g. - https://www.petplanequine.co.uk/insurance/insurance-rider-plan.asp whether it is normal or not? As it is a minority of the likelihood of incurring vet bills tends to be fairly cheap.

 

[starbucker]

Very strange request. The owner is always responsible for vet fees. They should be thankful you are happy to excercise / give a bit of fuss to / do chores & to give them a day off. How cheeky! If they are concerned about damage they should set restrictions on activities, going out with company etc.

Public liability with harry hall is about £4 a month and is all Ive ever heard asked for

 

[starbucker]

Many insurance companies even need a recent 5 stage vetting to insure for more than £4000 vet fees so I think the owner may need a reality check

 

[Mrs. Jingle]

I have loaned out several horses over the years. They have always been to remain at my property but I have always arranged and paid for vet's fees insurance myself. Even for full loan, apart from anything else I would never trust someone loaning my horse to keep the insurance payments up if finances got tight for them, not even if I know them.

Your own rider insurance and public liability would be a good idea but apart from that the owner is really being cheeky, especially for a part loan. Personally I would look for another loan, if it starts out this grabby financially it does not bode well IMO.

 

[KatieDM]

The BHS Gold public liability/personal accident cover should be enough. As far as I’m aware (going through sorting a part-loan currently for myself!) with part-loan or share, the owner is responsible for the horse’s own insurance, vets and tack etc. It does seem cheeky and over the top, so I’d question it.

 

[PeterNatt]

It is the horses owner who should be insuring the horse. You should only be responsible for your personal accident insurance if you get injured.