Loaning

[Silgram]

Eddy will be going on loan in the autumn, have ironed out most of the details but whas not sure what the norm is regarding horse insurance. Should I continue to pay it or do they?

 

[lexiedhb]

I did when mine went on loan, but only for my own peace of mind. I think it would be fine to do it either way!

 

[Emma123]

Mine's going on loan too!

Shall I ring NFU to inform he's going on loan? He'd still be covered for the period of the loan contract under my insurance...

(Sorry hijakcing the thread!)

 

[Silgram]

You should tell insurance company that he is being looked after by someone else. Are you paying for the insurance?

 

[Emma123]

Yep he's already covered for a year from March this year..and he's going on loan until December so he'll still be covered. Also it's my own peace of mind that he's covered if anything did happen

Ok I shall have to ring NFU

 

[Spot_the_Risk]

When I loaned mine I carried on paying it for peace of mind, and we are collecting a horse for initially 3 month loan on Monday, and the owners are carrying on with that for now.

 

[chestnut cob]

I pay for my pony and the loaners reimburse me. Same for the mare I have on loan.

 

[fruity]

I pay for my mares and the loan lady pays me through a standing order every month,that way i know she has insurance cover but i don't have the pleasure of paying for it!
IMO it's the best way to do it.