MrMeldrew
Well-Known Member
Do any insurance companies have discounts for more than one horse or special deals for multiple horses.
Insuring several horses...any discounts?
- Thread starter MrMeldrew
- Start date
breezing
Well-Known Member
E &L do a discount for 3 or more horses and I think NFU will give a discount but you will have to ask because they wont offer it unless you do
lily1
Well-Known Member
Try SEIB
inapickle
Member
petplan do
HelsB
Well-Known Member
[ QUOTE ]
E &L do a discount for 3 or more horses
[/ QUOTE ]
Nononononononononononnnnnnnnnnnnnnnnnnoooooooooooooooooooooooooooooooo......!!!!!!!!
Don't do it!
E &L do a discount for 3 or more horses
[/ QUOTE ]
Nononononononononononnnnnnnnnnnnnnnnnnoooooooooooooooooooooooooooooooo......!!!!!!!!
Don't do it!
tedster
Well-Known Member
petplan discount if 3 or more insured with them
The_snoopster
Well-Known Member
Yes petplan i think i got 10% off my third horses policy every bit saved is a help.
MrMeldrew
Well-Known Member
Thanks all.
I'm wondering if it would be better just to do what I'm dong then and put some aside for 'just incase'. I have public liability for them all anyway so it would just be vets fee's.
You'd think someone would do a block insurance for multiple horses though.
I'm wondering if it would be better just to do what I'm dong then and put some aside for 'just incase'. I have public liability for them all anyway so it would just be vets fee's.
You'd think someone would do a block insurance for multiple horses though.
cptrayes
Well-Known Member
If you have three or more horses it makes no economic sense to insure at all. Over the course of many years you will spend far less money to have them uninsured and take a non-competing membership with British Dressage which will give you 3rd party cover or check your house insurance, it's usually on that too. (mine has an exclusion for hunting, unfortunately)
You need to have a sum of money in the bank that you can call on for any large bill that crops up in the first few years, but if you save the premiums and have no claims, you'll soon have a very large pot.
Some years may be bad - I have lost a horse worth £2,500 to blindness and paid for a tie back £2,200 in the last three years, but if you stick at it you will save a lot of money unless you are incredibly unlucky for several years in a row.
It gives you much more interest in what the vet is asking you to pay for and why. It often gives you lower bills to say "this horse is uninsured". And you need to ask yourself how you will feel if the horse colics and you are being asked to stump up £3000 for the operation to open it up and fix it. It's also a much safer proposition if your horses live at home and you have full control of the risks, like introducing new horses (disease and fights) and repair of fencing.
You need to have a sum of money in the bank that you can call on for any large bill that crops up in the first few years, but if you save the premiums and have no claims, you'll soon have a very large pot.
Some years may be bad - I have lost a horse worth £2,500 to blindness and paid for a tie back £2,200 in the last three years, but if you stick at it you will save a lot of money unless you are incredibly unlucky for several years in a row.
It gives you much more interest in what the vet is asking you to pay for and why. It often gives you lower bills to say "this horse is uninsured". And you need to ask yourself how you will feel if the horse colics and you are being asked to stump up £3000 for the operation to open it up and fix it. It's also a much safer proposition if your horses live at home and you have full control of the risks, like introducing new horses (disease and fights) and repair of fencing.
MrMeldrew
Well-Known Member
Thanks
This is actually how I have been managing them but every now and then I get cold feet and wonder if I should be insuring them. I think it dawning on me that they are getting older but then I guess they won't be covered for as much anyway because of that.
I have liability on my house insurance so that is covered which is my main concern.
This is actually how I have been managing them but every now and then I get cold feet and wonder if I should be insuring them. I think it dawning on me that they are getting older but then I guess they won't be covered for as much anyway because of that.
I have liability on my house insurance so that is covered which is my main concern.
Drum
Well-Known Member
your probably better putting aside some money each month than insuring several.
when we only had 2 they were both insured but when anything went wrong most things were excluded; then the premiums go up and they no longer insure for legs, for example. one of my horses was never lame or sick in his life, yet his premium was about 1/3 of what he was insured for each year, and he was only about 7 at the time!
the biggest cost we found when things went wrong was the actual cost of keeping them, going from grass livery to stabled livery with checks during the night etc. and our insurance didn't cover that.
weve had 2 youngsters put down in the last few years, both for things that were specifically excluded from the premiums i was quoted for. i think the vets help you make the right decision when they know its not covered by insurance.
when we only had 2 they were both insured but when anything went wrong most things were excluded; then the premiums go up and they no longer insure for legs, for example. one of my horses was never lame or sick in his life, yet his premium was about 1/3 of what he was insured for each year, and he was only about 7 at the time!
the biggest cost we found when things went wrong was the actual cost of keeping them, going from grass livery to stabled livery with checks during the night etc. and our insurance didn't cover that.
weve had 2 youngsters put down in the last few years, both for things that were specifically excluded from the premiums i was quoted for. i think the vets help you make the right decision when they know its not covered by insurance.
cptrayes
Well-Known Member
Uninsured, you begin to understand just how much money vets charge for things that don't need doing at all! One of my horses had spavins and the vet said "we'll take xrays" - £200 and more. There were clear bony changes and warmth on the inside of his hocks and he was unsound with a characteristic footfall, (all indicating inflamed and unfused hock joints) so I said "how will the result of the xray change how we treat him?" Answer - "it won't". So why the xrays - pure curiosity, or to run up the bill?
When small cuts are stitched up, routine antibiotics are given, irrespective of the risk of gut disturbance, or worse, from antibiotics. It makes much more sense with an experienced owner of a home-living horse to monitor the horse closely and give it antibiotics if the cut looks at all inflamed or the horse's temperature rises. I've never had one yet.
There have been several times over the years that I have taken out stitches myself when the vet has wanted to charge a visit fee and treatment charge (about £80 in total with VAT) to do it, as if it's somehow difficult and not just a snip with a pair of scissors. On the tie-back they gave me a staple remover, they know me now!
Except the new recruit, who took out my newest horse's wolf teeth - and suggested in all seriousness that I needed a follow up visit (£80 again!) for her to stick her finger in the hole to tell me that the horse was ready to have a bit in his mouth again. I nearly fell over laughing.
No wonder insurance premiums are so high!
When small cuts are stitched up, routine antibiotics are given, irrespective of the risk of gut disturbance, or worse, from antibiotics. It makes much more sense with an experienced owner of a home-living horse to monitor the horse closely and give it antibiotics if the cut looks at all inflamed or the horse's temperature rises. I've never had one yet.
There have been several times over the years that I have taken out stitches myself when the vet has wanted to charge a visit fee and treatment charge (about £80 in total with VAT) to do it, as if it's somehow difficult and not just a snip with a pair of scissors. On the tie-back they gave me a staple remover, they know me now!
Except the new recruit, who took out my newest horse's wolf teeth - and suggested in all seriousness that I needed a follow up visit (£80 again!) for her to stick her finger in the hole to tell me that the horse was ready to have a bit in his mouth again. I nearly fell over laughing.
No wonder insurance premiums are so high!
ISHmad
Well-Known Member
Every year I think I'll go down the self insure route. But then I bottle it just in case anything major happens. We have some savings but not a bottomless amount and I just couldn't bear any decisions to be made purely for financial reasons only. So keep stumping up the dosh.
mrblue
Active Member
petplan do give you a discount but i still found NFU far cheaper without a discount also NFU terms for claiming are much better as they don't ask for a percentage of the costs like petplan do!!
SpruceRI
Well-Known Member
This is an interesting thread!!
I, like others on here, have thought about not insuring, and then can't quite do it....because my fear is, not having the money that needs to be spent to mend my horse.
On the other hand.... friends say that you should have a threshhold in your mind, at which you'd spend before you'd think the horse wouldn't have a good quality of life if it survived.....
I don't get that, because the simplest injuries can cost huge amounts....
And the other thing that's been said, is never to tell your vets that you're insured. And then the horse gets the bog standard treatment, not the exhaustive tests.
Again..... I don't know.
I just feel I haven't got enough in savings to cover all eventualities.
On the other hand I've already paid £4320 to Petplan for Rosie's insurance over 12yrs.... and claimed about £800, so they've had good money out of me and still added stupid exclusions to the policy!
Hum....
I, like others on here, have thought about not insuring, and then can't quite do it....because my fear is, not having the money that needs to be spent to mend my horse.
On the other hand.... friends say that you should have a threshhold in your mind, at which you'd spend before you'd think the horse wouldn't have a good quality of life if it survived.....
I don't get that, because the simplest injuries can cost huge amounts....
And the other thing that's been said, is never to tell your vets that you're insured. And then the horse gets the bog standard treatment, not the exhaustive tests.
Again..... I don't know.
I just feel I haven't got enough in savings to cover all eventualities.
On the other hand I've already paid £4320 to Petplan for Rosie's insurance over 12yrs.... and claimed about £800, so they've had good money out of me and still added stupid exclusions to the policy!
Hum....