Loss of use

Depends what the value of the horse is I'd say and what you use it for. A friend of mine has just had to make the decision to have his horse PTS as had an ongoing tendon/ligament problem that wasn't going to heal although vet had suggested a much longer box rest period (8 mths - it had already been on rest for approx 3 months). He made the decision this was not fair on the horse so had it put down instead.

However, from an insurance point of view this wouldn't necessarily consitute a loss of animal/death claim as not on immediate humane grounds (even though prognosis for horse was v poor). This is where if you had Loss of Use cover you could claim for the total loss without any argument. If you tried to claim under the Death section the insurers could argue it was not a case for immediate destruction and that further treatment could have been carried out.

However, another point to note is that, if the prognosis was poor and in fact it would cost more (depending on vets fees limit) to continue with treatment than it would be to settle a loss of animal then the insurance company may agree to the horse being PTS (based on vets report) and could then settle all or part of the value of the animal.

Point being, if you had Loss of Use you'd definitely be covered for the above situation but if you didn't you could find a claim was refused.

Hope this makes some sense (and isn't just waffle?) I work in horse insurance (not claims) but had just been discussing this sort of situation with one of our claims handlers earlier today!
 
I suppose it depend on whether you would be happy to accept a horse that could not do what you want.

For example, say you like hunting and doing local level XC & SJ. If your gelding had a ligament injury that meant he could only hack lightly or do dressage (not a total write off)- would you be able to keep him and stick to that, would you be able to afford to loan him and buy another, or could you bear the loss of selling him at a greatly reduced price and buy something else more suited.

It might be worth aslking how much more your policy would cost with loss of use and then make your decision. You might be suprised.
 
It's not as expensive as i thought - got a quote for an 8 year old Irish TB and it was £35 a month inc vets fees to £5000, personal liability and loss of horse.
 
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It's not as expensive as i thought - got a quote for an 8 year old Irish TB and it was £35 a month inc vets fees to £5000, personal liability and loss of horse.

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OMG! That's what I pay for Monty's insurance without loss of use!
Thanks everyone, I have already had to buy another horse as my other horse is no longer capable of doing what I want to do so there is no way I could afford to do that again if anything happened to Monty
 
yes mine is with NFU - I can't have it on Ty as he's a) blind in one eye and b) over 12 - although according to his teeth he's more like 9!
 
"It's not as expensive as i thought - got a quote for an 8 year old Irish TB and it was £35 a month inc vets fees to £5000, personal liability and loss of horse."

Are you sure that is including Loss of Use cover? Loss of Horse/Animal may just refer to Death cover which is standard cover?
 
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It's not as expensive as i thought - got a quote for an 8 year old Irish TB and it was £35 a month inc vets fees to £5000, personal liability and loss of horse.

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That's really good! Which company is that?
 
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"It's not as expensive as i thought - got a quote for an 8 year old Irish TB and it was £35 a month inc vets fees to £5000, personal liability and loss of horse."

Are you sure that is including Loss of Use cover? Loss of Horse/Animal may just refer to Death cover which is standard cover?

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Yep specifically asked for Loss of Use and Loss of Horse....ty is £45 without due to his blindness but this horse had no known past illness/injury
 
I'm with NFU aswell.
He has no past medical probs and is rising 7 so it would be worth it then?
I couldn't have loss of use with D because of his coffin joint
frown.gif
 
I had quote from NFU last November for vets fees and loss of use and it was just under £1000 a year for a horse valued at £6k. I was so taken aback got them to double check it and they said it was right. Didnt get horse in end so didnt matter. Seems big difference from what you are paying.
 
My mare is covered for vets fees and loss of use (horse insured at £5k even though she is worth more than that) and its £37 or thereabouts a month. That's with the NFU.
 
ah, Ty's is £45 but then he has all the tack on his policy too. I think the other one with Loss of Horse was £40 thinking about it ..... definately not over £45 though....
 
Right just managed to check it - can't cut and paste email though as system still down:

Loss of Animal, Loss of Use, vets Fees and PL = £544

Loss of Animal, Vets Fees & PL = £385

so I was right! Horse valued at £3000
 
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Just looked at policy, Monty is insured for:
Loss of animal £2900 (price I paid for him)
Vet Fees upto £5000
Personal Liability £2,500,000
Tack £1000

and is £4.75 a month
I thought I had personal accident aswell
blush.gif

Going to give them a ring

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WOW £57 a year for all that! Whose it with?
 
I have loss of use for Star with NFU, with her valued at £5k (as highest i could get without having to get scans etc) and tack etc included and it's arounf £58 a month
blush.gif
she's 10 yrs ISH, covered for BD, SJ etc....
 
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Just looked at policy, Monty is insured for:
Loss of animal £2900 (price I paid for him)
Vet Fees upto £5000
Personal Liability £2,500,000
Tack £1000

and is £4.75 a month
I thought I had personal accident aswell
blush.gif

Going to give them a ring

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WOW £57 a year for all that! Whose it with?

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Sorry I meant £34.75 a month
tongue.gif
 
I had my horse insured for loss of use. Two years ago he was diagnosed with kissing spines. NFU paid about £2500 for his treatment with Tildren and cortisone, and when there was no improvement I got 80% loss of use on him (he was insured for dressage and hacking and could no longer do dressage), then put him out on loan to a hacking home and bought another horse. You have to decide how much of a risk you can take. Only problem is, my premium for the new horse has been loaded due to my "claims history" even though the claims are for another horse for a condition which was completely out of my control.
 
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