Susan Strawser                 Mortality ~ Can you insure your horse? YES!

You have made an investment in your horse - emotionally and monetarily. Horse mortality insurance or equine mortality insurance can help with the monetary investment in case your horse dies due to an accident, sickness or disease (as with all policies, there are certain exclusions).

To provide a horse insurance mortality quote, we will need to know the breed, age, use, value of the horse, and state you live in.  Submit this information in an email and we will respond to you with a price quote.

Full mortality coverage is "term" coverage. This means that the policy is written for one (1) year  based on the application that was submitted. When the policy comes up for renewal, the underwriter will evaluate the health and insured value of the horse and advise us of their terms of renewal. If the horse has had any health problems in the past 12 months, exclusions may apply to the new policy term.

Unlike auto insurance where the rate may increase if you have claims, the standard rates will apply with possible exclusions for the reported condition. It is your responsibility to disclose all accidents, sicknesses, diseases, surgeries or injuries.

Your horse can be insured for its fair market value, or less. Fair market value is generally considered to be the amount you could expect to receive if you sold your horse today. With a recent purchase, we would use the purchase price (and for homebreds, two times their stud fee). If you have owned the horse for some time and it has increased in value, you have the option to insure for more than the purchase price (we'll ask for justification - show records, training costs, breeding records).

If your horse is valued at $100,000 or less, has no record of health problems in the past year, and is over 30 days old, you may complete the Application and statement of condition form (in lieu of a vet certificate).

If your horse is valued over $100,000, has a history of health problems, or is under 31 days, we will need a Application and vet certificate along with the application.

The following are optional endorsements that can be added to any standard mortality policy:
(Race horses are not eligible)

MEDICAL COVERAGES
You can purchase one, two, three or all four of the medical coverages (thereby increasing your limits). There is no limit on the value of the endorsement based on the horse's value (meaning, you will get the full value of the endorsement regardless of the horse's value - something our competitors are NOT offering) and we can write these coverages on horses through the AGE OF 20 (again, most of our competitors are cutting off major medical at age 15)!

The following is a brief description of each endorsement.

Colic - $10,000 limit for colic treatment or surgery; $250 per claim deductible and 30% co-pay; COST $150 (many of the competitions' "free-colic" policies are offering only $3,000 (or up to the value of the horse) for surgery only)

Surgical - $10,000 limit for required surgeries; $250 per claim deductible and 30% co-pay; COST $150

Major Medical $10,000 - $10,000 limit for treatments and surgeries, includes colic, $250 per claim deductible, 30% co-pay on diagnostic testing; COST $375

Major Medical $15,000 - $15,000 limit for treatments and surgeries, includes colic,  $250 per claim deductible, 30% co-pay on diagnostic testing; COST $475

Full Loss of Use
Permanent inability to perform the use of the insured animal as stated on the policy.

• Pays 75% of the value insured and the insurance company retains possession of the horse
• Or, pays 50% of the value insured and the insured keeps the horse
• Premium - 3.75% of the value insured plus Major Medical
• Loss of Use is available only for horses used specifically for reining, cutting, hunter/jumper, dressage and the value must be $25,000 or higher (aged 3 - 12 years)

Loss of Use coverage always requires a vet certificate and additional forms (please call to discuss).

• Pays 50% of the value insured and the insurance company retains possession of the horse
• Premium - 2.5% of the value insured plus Major Medical
• Limited Loss of Use is available only for horses used specifically for reining, cutting, hunter/jumper, dressage and the value must be $25,000 or higher (aged 3 - 12 years)

Apply Now
Simply complete the appropriate forms above and submit them via fax, mail, or email to:

Fry's Equine Insurance
P.O. Box 820, Grove City, OH 43123
Phone: 800-842-9021            Fax: 614-875-1549
Email: info@frysequineinsurance.com


Our lead company for equine mortality insurance and equine health insurance is Great American Insurance Co. Great American insurance policies offer outstanding claim service. We have received numerous compliments regarding the handling and payment of claims. Please feel free to contact us for references.