Part Loans - insurance...

[Mr Punch]

I had decided to sell my horse but now have someone coming to see him about part loaning him.

He is insured but is it a good idea if the person is suitable that they also have their own rider insurance. I'm not sure how it works. I presume that my insurance would still cover him for third party costs if the other person was riding him had an accident or he caused any damage to a car etc? Would the purpose of their insurance to be for if they had an accident to cover any loss of earnings etc and not vets fees which would be covered on my insurance ?

I appreciate if they did have an accident they could still bring a claim against me personally which my insurance would cover.

Thanks !

 

[FestiveFuzz]

I'd recommend they take out BHS gold membership which will cover them for personal accidents upto £10,000 I believe

 

[Mr Punch]

Thanks. They are coming to see him tonight x

 

[ihatework]

I don't have 3rd party on my horse insurance, primarily because I have BHS Gold cover which does me for all my horses.

However I now have 1 horse part loaned out, and it's a pretty grey area if they would be covered 3rd party whilst riding. For that reason I have stipulated they take out their own rider insurance as a condition of the part loan