How much does it cost to insure a horse and his rider?

Answer 1

Horse insurance typically starts at abut $40 a month. However, it all depends on the nature of the insurance: * Types. Your insurance may include: death of horse, permanent loss of use of horse, theft of horse, vet costs, trailer, tack, public liability, or personal injury. Insuring one or two items will of course be less expensive than insuring everything. * Amount. Insuring a horse for $5 000 is cheaper than insuring a horse for $500 000. * Deductable. Likewise, if you have a large deductable the insurance premiums will be less than if you have a small deductable. * Current Value or Replacement Value. The value of most things (saddle, tack, trailer) declines over time. Insuring for current value is cheaper than insuring for replacement value, but in the event of a claim you don't get as much. * Conditions. The cost of insurance is often related to the associated terms and conditions. For example, a horse that is insured under all conditions will have higher insurance than a horse that is insured only under some conditions (e.g. not used for competition, does not leave owner's presence). * Horse. Some breeds are more expensive to ensure than others. Likewise, horses being used (e.g. jumping competitions) tend to be more expensive to insure as they are more likely to be injured. If you insure for everything and you have a highly valuable horse, the monthly cost can be very high. The fastest way to find out is do a search on 'horse insurance' and fill out one of the online forms that gives an immediate quote. Check the link below for advice on how to get the most suitable insurance and what potential issues to be aware of.

Answer 2

This needs to be taken in 2 parts. Lets start with the pony. Horses need their own insurance policy. Equine insurance can be expensive so you may have to talk to your parents. Most people don't insure their horses unless they are worth a great amount of money. Expensive Thoroughbreds or show horses are usually the horses that get insured. But a policy could cost at least $1000 a year.

People are insured by people insurance companies. The policies would probably be separate. That is something your parents will have to decide. I don't think an underage person can buy their own insurance.