Now that I am the proud owner of a 2nd awesome sauce baby horse I have begun to think about insurance again. I never insured Houston but I had been strongly considering insuring Annie as I can’t really replace her. She is worth way more than I paid for her at this point and while my vet has a really cool program for colic surgery I would like to have additional major medical coverage on both creatures.
If I am lucky I will never have to use it but I don’t want to be in the position of not being able to pay for a life saving procedure or even diagnostics. At Karen’s recommendation I decided to contact THIS for some quotes. I liked the options they had to offer and ended up getting a binder on Luna. Once I recover from the purchase of a new pony Annie will also get a policy.
To get major medical you have to have mortality. For me this meant 3.25% of Luna’s purchase price plus the major medical premium. I opted to get $15,000 of coverage which might be over kill but the premium wasn’t drastically different and it reduced the co-pay % down from 20% to 15%. In the grand scheme of things the monthly cost isn’t very high and could be worth its weight in gold!
I have to say that my experience getting insurance for Luna was way more pleasant than any other process I have gone through for cars, house, or even myself. THIS has great reps and I think it took all of 3 emails (I couldn’t call due to work) and then one phone call and I had a binder letter. Do yourself a favor and make sure that you find a good broker if you are thinking about getting coverage for your horse(s).
P.S. I have created a petition that will go to FEI regarding a proposed rule change that would take out the grey area or personal discretion pertaining to the Eventing blood rule. If you also think that a change needs to happen you should think about signing and sharing the petition.