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.
Young horses from all over the world have flocked to Le Lion d'Angers, France for the Mondial du Lion young horse championships, including this year's Holekamp/Turner Grant and The Dutta Corp. Prize recipients Cole Horn and MBF Cooley Permission to Land (Cobra x Deeply Dippy K). Horn and the 7-year-old Irish Sport Horse gelding bred by Knightfield Stud are representing the U.S. in the 2021 FEI Eventing World Breeding Championships for Young Horses in the 7-year-old CCIYH3*-L Championship.
With 24 USEA Young Event Horse (YEH) Program competitions on the 2014 calendar, young event horses all across the country had the opportunity to shine and qualify for the 2014 USEA YEH Championships. The YEH West Coast Championships were held at Galway Downs in Temecula, California, while the YEH East Coast Championships took place at Fair Hill International in Elkton, Maryland. Following 2014’s YEH finale, many of the graduating class of the 2014 USEA Young Event Horse Championships have gone on to make their mark on the upper levels of eventing.
Following the cancellation of the Jersey Fresh International Three-Day Event for 2022, US Equestrian will open a one-week bid process to fill the date on the 2022 U.S. Eventing Calendar. Per the 2022 U.S. FEI Eventing Calendar Policies and Procedures, applications to host the CCI4*-L level during the 2022 competition season are accepted by invitation only.
The addition of a new event to the competition calendar is always exciting, but the Event at TerraNova in Myakka City, Florida aims to really wow their first-time competitors at their inaugural event with top-notch competition facilities, stunning course design, exceptional amenities, and a horse show experience unlike any other. With a roster of 142 entries altogether from Starter to the in their CCI4*-S level, the Event at TerraNova is off to a great start!