Nov 18, 2020

Bundling Horse Insurance with Parker Equine Insurance

By Jimmie Schramm - Athletux Equine
USEA/Jessica Duffy Photo.

For large commercial equine operations, it is essential that all horses in the business are protected with an insurance policy specifically designed to meet individual owner needs and at the same time ensure proper equine coverage. You might be a top level rider with a string of horses or maybe you are a breeder or an owner with several imported sport horses. Whatever the case, it is important that each horse is covered by an equine insurance plan to hedge against the unforeseeable.

What most people who are in this situation don’t realize is that there are additional insurance options out there for them. Parker Equine Insurance goes beyond the individual insurance plan for the individual horse. Most people don’t know that you can group your horses together into one large insurance policy that has a deductible on the mortality as opposed to several individual policies. Most people also don’t realize that creating coverage like this, with the help of your insurance agent, can save owners time and a lot of money.

“People don’t know about deductible policies,” says Donna Parker of Parker Equine Insurance. “It’s is a shame because the savings can be huge.”

Huge indeed. If horses are put together in one insurance policy, it brings down the morality insurance rate. Mortality rates can drop as much as 60 percent. It does require a minimum number of horses or a minimum total insured value.

“You are combining young horses with older, more seasoned horses, into one policy,” says Donna, “so the young horses who are less at risk, bring down the mortality rates on the older competition horses. The major medical is added on the same way as an individual policy, so if you don’t have a mortality claim in two years, you save enough to pay the deductible should there be a mortality claim.”

The savings can be great. Not only does the mortality rate drop, but the deductible does too, and this can lead to even more money saved.

Additionally, there is the peace of mind of knowing that all of your horses are covered under one complete plan, because, let’s face it, the one that has a claim is always the one you didn’t buy insurance for. The hassle of multiple insurance plans, different payment schedules, and different policy expiration dates is taken out of the equation.

The bottom line is, if you think you are in the market for multiple horse insurance such as this, ask your insurance agent about this option. Coverage such as this is personally customized, and you are not going to see plans like this offered on standard equine insurance websites. Owners need to inquire.

“Bundling horse insurance is something we definitely do,” says Donna. “We recently designed a policy for a well-known professional event rider covering all her horses in a large group plan. Customized plans are something we are very happy to set up for people who have a large string of horses.”

Parker Equine Insurance will work closely with you to acquire the best coverage to protect all of your horses during training or competition and well into their future. A customized insurance plan covering multiple horses is worth the inquiry. To find out more about Parker Equine Insurance, please visit www.equine-ins.com and be sure to follow Parker Equine Insurance on Facebook and @equine.insurance on Instagram.

Jan 27, 2023 ATC

Introducing the New Modified Rider Division at the 2023 AEC

The United States Eventing Association (USEA) is pleased to announce the addition of the Modified Rider division beginning at the 2023 USEA American Eventing Championships (AEC), presented by Nutrena Feeds. The USEA AEC will move back to the Kentucky Horse Park in Lexington, Kentucky August 29–September 3, 2023.

Jan 26, 2023 Young Event Horse

Get a Taste of Eventing with the New Event Horse Program

Are you interested in competing in the sport of eventing but aren’t quite sure how to get started? Do you have a horse that is looking for a new career? Consider participating in a USEA New Event Horse (NEH) competition in 2023! The USEA NEH Program was created to be an introduction to the sport of eventing for both horse and rider, and the 2023 NEH Calendar is now available here.

Jan 25, 2023 Profile

Dondante Steps Into The Spotlight with 2022 Standlee USEA Horse of the Year Title

Will Coleman had a huge 2022 with his string of horses, including a team silver medal at the FEI World Eventing Championship in Italy on Off The Record and top four-star placings with Chin Tonic HS, but it was Dondante whose consistency paid off to earn the Standlee Premium Western Forage USEA Horse of the Year title.

Jan 24, 2023 Volunteers

The VIP Volunteer: Julie Murray

Julie Murray has loved horses since she could breathe, so when her daughters showed an interest in Pony Club and then eventing, she was thrilled to go along for the ride.

Murray started volunteering at the Fallbrook Pony Club near her home in Fallbrook, California, serving as an intermediate district commissioner.

Official Corporate Sponsors of the USEA

Official Joint Therapy Treatment of the USEA

Official Feed of the USEA

Official Saddle of the USEA

Official Real Estate Partner of the USEA

Official Equine Insurance of the USEA

Official Forage of the USEA

Official Supplement Feeding System of the USEA

Official Outerwear of the USEA

Official Competition & Training Apparel of the USEA