Having a horse can be a wonderful thing. Horses make wonderful companions. However, owning a large animal can be quite expensive, especially if medical issues or injuries arise. In order to protect yourself, and your horse, it may be in your benefit to purchase health insurance for horses. Before purchasing a policy, it’s important to shop around. Here are some things to consider while looking.
The Type of Policy
There are a few different types of health insurance policies for horses. Common ones include major medical, surgical and full mortality. There are also policies for loss of use and personal liability. You will need to determine what type of policy suits your needs best.
Every horse health insurance policy has different things that it will and won’t cover. In general, no policy will cover pre-existing conditions. Each insurer has its own definitions of what’s considered a pre-existing condition. If your horse currently has any injuries or illnesses, you should look into seeing if they would be covered.
The Company Itself
Check out the company before you buy anything. Find out how long the company has been doing business. Read reviews. Check into how reputable it is. It’s also important to make sure that the company has a lot of knowledge about horses.
The Cost of the Policy
Each company may charge different premiums for similar coverages. Compare every quote that you get to find out the deductibles, out of pocket expenses and what the company will provide coverage for. Comparing quotes will help you to get the best coverage for the best price.
The right horse health insurance policy can help to protect you financially while allowing you to provide your companion with the care they need. Not every policy is created equally. It’s important to shop around first and compare policies to make sure you’re getting the best protection for your money.