Exactly What You Will Have To Remember As Regards To Policies Designed For Horse Riders

 

Whether you are new to equitation or you have been practicing for a long time, the safest thing to do is purchase insurance, both for you and the horse you are riding. There are various types of insurance available on the market based on the type of sport you are practicing with your horse, whether it is just riding, polo or even hunting.

All riding enthusiasts should have a third party insurance, regardless of the level of risk the sport you are practicing involves. Even if you do not hurt yourself or the horse, there is always the chance that you could hurt someone else, and the lawsuit costs will be through the roof. When you are taking the chance of owning an uninsured horse, in the event that the horse will hurt itself or be stolen, you will only stand to lose the exact value of the horse. However, if your equine escapes and causes damage to other people's property, you could be held responsible for a much larger sum of money.

If you have a special breed of horse that competes in riding contests, then you might end up owing a great deal to your creditors and sponsors when your horse is unable to perform. Even most riding schools either provide third party insurance or ask the students to sign a contract that clears the institution from any horse accident related accident. This is mostly because horses tend to respond to the reactions of the riders, and newcomers are usually very unsure of themselves when dealing with horses. Even though domestic horses tend to be very calm, empathizing with a nervous and insecure rider can affect their behaviour and this can lead to serious consequences.

The premiums of insurance policy covering both the horse and rider also vary depending on the age of the horse and the training it has. Insurance companies consider that a well trained horse that has been around humans for most of his life is less likely to cause trouble, endanger his rider or manifest abnormal reactions, therefore he is not a liability.

Buying a horse implies a great deal of responsibilities, but your horse can also be an amazing companion and the loyalty of a horse towards a rider that takes care of it is unparalleled. Being insured for every possible situation means that you can enjoy your companion for many years to come.