There are many ways to assess a horse's value. The easiest way is to use the purchase price for the first six months of ownership. Home breds, or horses purchased as prospects, can include training costs, points/monies earned, offers to purchase, or what like-kind are bringing in the open market. Stallion values are usually based on breeding income. foal values are usually based on sire stud fee and dam produce record.

Cost of insurance varies according to age, breed, and use. Costs are calculated by multiplying the horse value by the rate of coverage.

Yes. Always. By knowing about the incident, your agent can open a file on the horse which will kick in the extensions on your policy. Also, your agent can work with your vet in the best interest of the horse, allowing you to get paid quickly in the instance of a claim.

If your horse gets sick or injured, notify your agent as soon as possible.

Yes, you can raise the horse’s value. Values can be raised based on training costs, points/money earned, offers to purchase, or what like kind are bringing in the open market.

Yes, contact an agent for options.

Yes, you can insure a leased horse. The horse will be listed as insured in your name with the owner (or lien holder) listed as the loss payee.