Horse insurance refers to a range of insurance policies available to horse owners including hobby owners, pet owners, breeders, and farmers that protects them against things like liability, property damage, medical costs, theft, loss of use, accident, or mortality of their horses. Not all policies cover all these perils. In fact, to get coverage for all these things, you likely need to purchase several policies.
The best horse insurance covers owners against things like liability and property damage, as well as a number of specific perils, and does so for a reasonable rate.
Best Horse Insurance for 2021
Best Overall : Kay Cassell Equine Insurance
Kay Cassell Equine Insurance provides extensive policy options including broodmare insurance, stallion infertility insurance, loss of use insurance, liability coverage, equine major medical coverage, equine surgical coverage, equine mortality, and many more.
Offers a number of different types of policies
Has insurance designed specifically for breeders
Provides policies from multiple insurers, which allows you to shop around
Does not give online quotes
No online claims
Might offer more complex coverage than you need
Kay Cassell Equine Insurance wins the best overall category because it sells the most comprehensive array of horse insurance products.
It offers dozens of policies that cover you for things as varied as:
- Horse mortality coverage
- Horse liability coverage
- Horse boarding liability insurance
- Polo horse coverage
You’ll be able to find a policy from Kay Cassell Equine Insurance that is customized to your specific risks. You can get separate policies with specialized coverage or add them on to an equine liability or mortality policy. They also offer short-term horse insurance and surgical-only insurance.
Kay Cassell does not give quotes online, but you can email them, fill out a form to start the quote process, or you can call them.
Kay Cassell Equine Insurance has been selling horse insurance since 1981. They specialize in helping the horse industry find insurance underwriters with A (or better) AM Best ratings.
Most Customizable : The Hartford
- No. Policy Types: 6 policies, 3 add-ons
- Coverage Limit: Up to $5,000 medical annually
- No. of States Available: Not stated
The Hartford offers a number of different livestock and animal mortality insurance policies for horse owners including animal mortality coverage, animal mortality limited coverage, liability coverage, and major medical expense coverage.
24/7 claims service
Sells other forms of business insurance for all your business’ needs
Offers add-ons to your coverage
No online quotes or estimates
Does not list coverage limits
You must work with a local agent to get coverage, which might take longer
The Hartford wins for best customizable coverage because they allow you to purchase just the coverage amounts and kinds that you need, allowing you to potentially save money by not being overinsured.
The Hartford offers six different types of horse insurance:
- Equine animal mortality coverage
- Limited equine animal mortality coverage
- Loss-of-use coverage
- Accident, sickness, and disease coverage
- Coverage extensions for newly purchased horses
- Temporary additional coverage for pregnant mares
The Hartford also sells emergency colic surgery coverage, major medical coverage for accidents, injuries, or diseases coverage, and surgical expense coverage, which is limited to $5,000.
The Hartford does not give quotes online for specialized insurance products. You have to call Monday through Friday from 8 a.m. to 8 p.m. EST to be connected with a local The Hartford agent. They process claims quickly online and they also have a claims hotline that’s open 24 hours a day, 365 days a year.
The Hartford has been in business since 1810 and sells a variety of insurance products to individuals and companies including things like auto insurance, employee benefits, property insurance, and business insurance. The Hartford has an A+ (Superior) rating from AM Best.
Best for Show Horses : Hallmark
- No. Policy Types: 10 policies and add-ons
- Coverage Limit: Up to $15,000 medical annually, $5 million in excess coverage
- No. of States Available: Mortality and liability available in all states except Alaska, and Hawaii; property policies exclude Alaska, Hawaii, Florida, and Louisiana
Hallmark has coverage options that are specifically designed with high-value horses in mind, allowing you to get significant coverage for your show horses.
Coverage from 24 hours to 20 years of age
Free colic surgery coverage
Offers guaranteed extension coverage as horses age
Horses valued over $100,000 will need a veterinary certification to be insured
You can only insure your horse for the fair market value, not lost income
Has coverage limits on their equine medical surgical coverage
Hallmark wins for best for show horses coverage because they offer policies with high limits that allow you to get great coverage that includes coverage for horses that travel internationally for dressage or equestrian shows.
Hallmark offers a number of different kinds of equine insurance coverage including:
- Mortality coverage
- Colic surgery coverage
- Equine medical and surgical coverage (with three annual limits of $7,500, $10,000, or $15,000)
- Catastrophic accident insurance
- Third-party liability coverage
- Stallion infertility coverage
- Loss of use coverage
- External insurance loss of use coverage
- Named perils coverage
- Territorial limits coverage (for travel outside the United States or Canada)
To get a quote from Hallmark, you can fill out the application that they have on their website, email them, or call them Monday through Friday from 8 a.m. to 7 p.m. EST. Their claims office is open 24 hours a day and they require that you inform them via phone or e-mail immediately if there is a change in condition in your animal.
Hallmark underwrites their insurance in partnership with the American Equine Insurance Group, which has been in business since 1983 and has an A (Excellent) rating from AM Best for financial stability.
Best for Medical Insurance : ASPCA
American Society for the Prevention of Cruelty to Animals (ASPCA) provides horse insurance coverage that is focused on health coverage for horses, instead of on mortality or liability insurance.
Offers preventative care coverage
Can submit claims online, by mail, or fax
Reimbursements are deposited directly in your bank account
Does not offer more specialized coverage like mortality or loss-of-use
Does not cover pre-existing conditions
Does not cover horses under 6 months of age
ASPCA wins for best medical insurance coverage because they offer medical, surgery, and preventative care coverage options.
Their policies cover things like prescription medication, treatment, training for behavioral problems, colic, illness, disease and injury, and many other types of injuries and treatments. They also have policies that cover the costs of preventative health coverage or colic surgery.
For a male horse with no racing history or current injuries, we were able to get an online quote for $5,000 in annual colic and accident coverage with 80% reimbursement and a $250 annual deductible for just over $28 per month. Your coverage will increase in cost if you choose a higher reimbursement amount (you can select 70%, 80%, or 90%) if you get more coverage options, select a lower deductible (you can choose $500, $250, and $100), or select a higher annual coverage limit (you can choose $3,000, $5,000, and $7,000).
To get coverage, you can call 1-888-716-1203 Monday to Friday 8 a.m. to 8 p.m. EST or purchase a policy online.
The ASPCA was founded in 1866 and offers animal insurance in collaboration with Hartville Pet Insurance Group, which underwrites its policies. It offers horse insurance coverage in 12 states but not all plans or plan options are available in every state.
Best for Race Horses : Allen Financial Insurance Group
- No. Policy Types: 20+ policy types and add-ons
- Coverage Limit: $1 million in property coverage for an individual animal
- No. of States Available: 50
Allen Financial Insurance Group is an insurance broker that offers specialty coverage for high-value animals and provides specialized coverage for the equine business. As a broker, they’re able to help you find the right high-value animal policy you need to protect your racehorse.
Sells up to $1 million in property or loss of use coverage per animal
In-house claims experts to support you
Significant experience in the equine business
As a broker, they do not sell you the coverage directly
Might offer more coverage than you need
Online quote system doesn’t give immediate quotes
Allen Financial Insurance Group allows you to get a significant amount of property coverage for one high-value animal that takes into account the loss of income you would experience if that animal was stolen or died.
They offer over 20 coverage options including these policies:
- Horse mortality and major medical insurance that includes humane destruction and a colic surgery add-on to your policy at no additional cost
- Liability coverage
- Farm and ranch coverage that includes your horses
With Allen Financial, you can apply for a policy online, call, or email them to get a quote. They have an online quote system but not all policies provide you with immediate price quotes. Once you’re a customer, they have a 24-hour customer service hotline and give you access to claims experts who will support you when you make a claim.
Allen Financial Insurance Group has been in business since 1971 and is headquartered in Phoenix, Arizona. They work with qualified and respected underwriting partners who specialize in providing insurance products tailored to specific industries.
Best for Breeders : Markel
Markel offers a number of horse insurance policies aimed at farms, ranches, and commercial equine operations, including breeding operations. They help you design a customizable policy that fits your liability and property needs.
Offers coverage specifically for breeders
Covers riding instructors and horse trainers
Has agents who specialize in different horse breeds
No online quotes or estimates
Coverage is aimed mostly at business owners and farmers
Might offer more coverage than you need
Markel wins for best breeder policy because they offer policy solutions for the equine industry that are mostly focused on commercial operations.
You can get the following coverages from Markel:
- Cattle farm and ranch
- Commercial equine operations
- Farm and ranch
- Horse club
- Horse farm and ranch
- Horse mortality
- Private horse owners
- Riding instructor
- Show animal
- Therapeutic animal
A key benefit of Markel is that it allows you to get coverage for all your commercial horse operations in one place. However, it does not have medical coverage for horses or other animals.
It’s easy to apply for a horse insurance policy with Markel. You can contact an agent via their website or fill out an online application. You can also call them Monday to Friday from 7 a.m. to 7 p.m. CST at 1-800-842-5017.
Markel is a well-known and respected insurance provider that has been doing business since 1930. The company has an A+ (Superior) rating from AM Best in the category of financial strength and claims-paying ability.
Best for Coverage : Blue Bridle
Blue Bridle was a pioneer in the horse insurance field that helped develop equine surgical and major medical coverages. It is an independent agency that works with insurance companies to provide you with innovative and tailored coverage options.
Allows you to customize your coverage
Works with multiple insurers to get you the best coverage
Offers territory extension and air travel coverage
Doesn’t offer quotes online
Only provides insurance for horses between 31 days and 20 years old
Excludes some conditions; for example, diagnostic tests for lameness aren't covered
Blue Bridle wins for best coverage because it offers a considerable array of coverage types and options to choose from and allow you to purchase coverage from multiple insurers.
The many coverage options include:
- Equine mortality
- Equine major medical
- Equine medical assistance
- Equine accident and illness
- Territory extension and air travel
- Surgical only
- Colic only
- Loss of use
- Stallion accident, sickness, and disease
Blue Bridle also offers equine liability coverage and horse farm property insurance. Its policies cover you throughout Canada and the U.S., although you can purchase territory extension coverage for international coverage.
To get coverage, you can fill out an online contact form, email them, or call them toll-free (1-800-526-1711) Monday to Friday EST during business hours. You can also report a claim with your agent or by calling a claims hotline.
Blue Bridle has been in business since 1982 and works with top insurers to sell equine insurance products in 42 states. It works with insurers like the Great American Insurance Company, Argonaut Insurance Company, the American Reliable Insurance Company, The Hartford, and XL/Catlin Group Insurance.
Best for Pet Horses : Broadstone
- No. Policy Types: 10+ policy types and add-ons
- Coverage Limit: Up to $15,000 in annual medical coverage
- No. States Available: 50
Broadstone’s coverage for individual horse owners allows you to get coverage for horses valued as low as $1,000 and customized policies for your needs as a pet horse owner.
Coverage sold by people with horse insurance expertise
Claims department available 24/7
Only works with horse insurance providers who are rated A or higher
Policies aren't underwritten by Broadstone
Only insures horses up to 18 to 20 years of age
Only provides extended travel coverage for individual trips
Broadstone won the best pet horse insurance category because it offers coverage for horses that are valued at $1,000 and over and provides a comprehensive complement of policies for individual horse owners.
Broadstone offers a number of coverage options including:
- Equine mortality
- Major medical
- Veterinary services or medical assistance
- Surgical only
- Stallion accident
- Sickness and disease
- Commercial equine general liability
- Care, custody, and control
- Private horse owner’s liability
Medical coverage has annual limits that range from $5,000 per year to $15,000 per year. Policy deductibles range from $250 to $675 and premiums start at $200.
To get a quote, email Broadstone or request a quote on their website. You can also call them Monday to Friday between 8:30 a.m. to 4:30 p.m. EST.
Broadstone Equine Insurance Agency is a subsidiary of Marshall and Sterling Insurance which has been in business since 1864. The Broadstone agency has been offering equine policies through external underwriting partners for over 15 years.
The horse insurance companies that made our list all offer multiple policies to protect your horse, equine business, or equine event from liability, mortality, medical expenses, or loss.
Overall, we recommend Kay Cassell Equine Insurance’s Horse insurance coverage because the company offers a comprehensive list of plans and add-ons that will ensure that you get the coverage you need for your equine no matter your particular circumstances.
Compare the Best Horse Insurance
|Company||Plans||States Available||Coverage Limit||Claims process||Deductible|
|Kay Cassell Equine Insurance
|30+ policies and add-ons||50 states||Not stated||Depends on the insurer||Not stated online|
|6 policies, 3 add-ons||Not stated||Up to $5,000 annual medical coverage||Online and a 24/7 claims hotline||Not stated online|
Best for Show Horses
|10 policies and add-ons||Some or all policies unavailable in Alaska, Hawaii, Florida, and Louisiana||Up to $15,000 annual medical coverage||Email and a 24/7 claims hotline||Not stated online|
Best for Medical Insurance
|1 with several coverage options||12 states||Up to $7,000 annual medical coverage||Funds directly deposited in your account||$100, $250, or $500 deductibles|
|Allen Financial Insurance Group
Best for Race Horses
|6||Up to 50 states||Up to $1 million in individual animal coverage||24 hour customer service with claims experts to help||Not stated online|
Best for Breeders
|11||50 states||Not stated online||Submit claims online, via email, or a claims hotline||Not stated online|
Best for Coverage
|10+ policies and add-ons||42 states||Not stated online||Report claims to your agent or through insurer hotlines||Not stated online|
Best for Pet Horses
|10+ policies and add-ons||50 states||Up to $15,000 in annual medical coverage||Depends on the company you buy insurance from||Range from $250 to $675|
How to Choose the Best Horse Insurance
Unsure what you need to look for when shopping for horse insurance? Here are some things to consider.
- Types of policies: Decide whether you need medical, liability, mortality, or business activity coverage and get only the coverage you need.
- Add-ons: Choose a company that offers add-ons like colic insurance or territory extension that you can add to your policy.
- Claims process: Choosing a company that will process and pay claims quickly is important whether you’re an individual horse owner or you run an equine business
- Price: Prices can vary significantly, so shop around to get the best rate.
Frequently Asked Questions
Is Horse Insurance Necessary for a Pet Horse?
Horse insurance is a type of policy that gives you both liability and property coverage for horses. Some types of farm or home insurance might already protect your pet horse, however, those policies won’t cover your horse for mortality, liability, or medical needs. If you board your horse on an off-site facility, you might need to have liability insurance to cover potential liability exposure in case your horse injures someone or causes damage to property. Even if it’s not required, doing so would protect you from having to pay damages in case something occurs.
Is Horse Insurance Affordable?
The price of horse insurance will depend on a number of factors like the type of horse you own, its value, the type of policy you choose, and how much coverage you get. It could also vary depending on where you live, your business activities, and where your horse is boarded. Horse & Rider estimates that a mortality and theft policy would cost around $150 to $250 annually; a major medical policy would vary in cost depending on how much coverage you select, but it could cost $450 for a $10,000 limit and $675 for a $15,000 limit.
How Can I Buy Horse Insurance Online?
Generally, you can’t purchase a horse insurance policy online because your particular situation is unique and will require underwriting by an insurance company. However, some horse insurance companies offer free online quotes that will give you an idea of how much you would pay for horse insurance coverage. You would then need to follow up with the company and purchase the coverage offline after an underwriting process.
When Is the Best Time to Buy Horse Insurance?
Consider getting horse insurance as soon as you purchase a horse so that it covers your animal during transit, protects you from liability, and provides for any medical issues before they arise. If your horse develops health problems, it might be more difficult to qualify for coverage, that condition might be excluded, or it might be difficult to get coverage at a reasonable rate. Insuring a young horse is also generally cheaper than insuring an older one.
We researched a dozen companies that offered horse insurance and chose our favorites by looking at things like coverage types, coverage amounts, policy options, and other policy details and add-ons. We also chose our top insurers based on things like the insurer’s reputation, customer service options, and the process of getting coverage.
The horse insurance companies that we’ve compiled all have a great reputation in the pet or agribusiness insurance sector, have been in business for decades, and offer ways to customize your horse insurance policy to best suit your needs.