Insurance questions for people who have a horse on loan.

[Baileysno1]

Things have been a bit nuts lately so haven't posted for ages. Anyway I'm staying in the UK and taking a friends horse on loan with a view to buy. He has evented sucessfully at Novice level and was being used for her daughter to do pony club, however he rolled a pole jumping indoors and his leg blew up at first they thought it was a suspensory but after scanning it wasn't hes fully recovered and back in work but the vet has said maybe it was a warning, hes 12 and has had an intense life so hes coming to me for dressage hacking and a bit of local showing. Hes just perfect I'm convinced its all fate and he was meant to be mine.

Anyway they don't have him insured, I'd feel better if he was so am thinking of insuring him myself, its a 'just in case' situation really, I've never claimed for little things and obiously his leg would be exempt, its more for big the things like surgery, accidents, death ect, does anyone insure their loan horses themselves?

 

[KatB]

Alot of companies do now insure for loan horses so may be worth speaking to a few about what cover they can offer?

Hope everythings ok with you

 

[Baileysno1]

Yes fine thanks! Although won't be needed an event saddle now

Glad I made the decision to stay, i'll post some pics of the new boy tomorrow, will be on the look out for a dressage saddle now!!

 

[badgerdog]

I've insured a few loan horses myself, most companies do it I think. Good luck with your horse, he sounds lovely.

 

[PennyJ]

Yes, I did, I insure with NFU and they insured the pony for me at my expense, just noting on the policy that the pony was on loan to me and owned by XXXX

 

[poiuytrewq]

Yes we have a pony on loan and i insure her myself- the owners wanted money back should she die in our care. I also have her insured for limited vets bills (she is quite old).
You still have to take into account what would happen if the horse kicked a car or someone in the street so i think its a good idea

 

[the watcher]

Some insurers will cover a horse on loan, bur will usually wish to see a copy of any loan agreement. There is the knotty problem of cover for loss of use or death as well - in theory only the owner should be able to insure for these.

In practice it is always best for the owner to have the insurance.

 

[amandaco2]

ive fully insured my loan horse.
would risk not doing so as am taking her on public roads and want her fully covered for vet bills.