Insurance Advice for Youngster

[ester.mk]

Hi all!

Would really appreciate some advice with Big Scary New Ownership fast incoming! My mum and I (tech savvy youngster being put on research duties) purchased a then-4-month-old foal in September last year who’s being transported to our livery yard in April as a yearling from Ireland to Shropshire. He’s a registered Irish cob, silver bay colt to make 15.1hh, not gelded yet as the vet out there says he’s not ready. He’s had no issues, will have flu & tet vaccines and strangles test before transport. He’s only going to do schooling and hacking as a general rule as he’s mostly for my mum, but I’d like to take him out at unaffiliated dressage potentially in the future.

I’ve loaned, shared, and worked with horses but never bought. Wondering what insurers people recommend, and when we should start insuring - he’s ours now so should we start policy ASAP or wait until he’s with us so any vettings etc are easy and we don’t have to faff about changing his address and the like once he gets here.

As for what insurer - I’ve seen multiple horses severely colic in the last 1.5 years so would like him fully covered there, he’s with us for life so ideally - though a long time off - something that will cover him into his veteran years, and that covers us if he injures someone in the field as a footpath goes through our yard.

I’ve also heard of some insurers wanting a 5 stage vetting following backing to continue the plan? If the rest of the plan hit all the marks and wasn’t bank breaking this wouldn‘t be a deal breaker but not preferred.

I’d love to hear what insurance you use and how much they charge for what cover, as well as any insurance related advice you could offer!

Picture of future-vet-bill for tax (newborn for cute points, fully in ugly yearling stage currently):

 

[TheMule]

Congratulations!
I'd want both a first and second jab for flu and tet before transporting. If you already own him then it's a bit irrelevant but just be aware that you could have a fairly large vets bill if he hasn’t dropped both testicles- Spring time will start to kick in hormones so you will want them off asap!
I would definitely get him insured before he travels over- Julie Andrew’s is an insurance broker, they can help you get the best policy for what you want. Just be aware that it will be more expensive without a vet check/ history of things like IGG at birth

 

[horseman1985]

Such a cutie! Congratulations
Of course, it is better to insure as soon as possible, you never know when trouble will happen. After I had to pay a large sum, I always pay the insurance on time. Now I have basic medical insurance, we pay about $150 a month and my soul is calm. We also insure long-distance transportation on a one-time basis, if this is required

 

[eggs]

Definitely insure now as you will be responsible for costs if he needs vet treatment before he gets to you. I use NFU and have never had to get a new vetting once my youngsters were backed (some were homebred and some were bought as foals). I also haven’t had to have a vetting when insuring a foal.

He should have had his first tetanus jab when he was born and should have at least the first two doses of flu before travelling.

I would be a little concerned if both testicles haven’t dropped by now as that could end up being an expensive gelding.

 

[ester.mk]

Thank you all for your help! We’re going with NFU and he’s arriving in about 2 weeks. We’re not too worried about gelding just yet but thank you all for your concern. Can’t wait for his arrival!