Through Laurel Fowler Insurance Broker, Inc. it is our goal to give you peace of mind regarding the health and well being of your horse, we check the best rates and coverage's for you from the best rated equine insurance underwriters to offer you the coverage you need at a price that's right.
Livestock Mortality is a Life Insurance policy for your horse, with you as a beneficiary. It is an "All-Risk" policy, which will cover death from any cause, subject to certain exclusions which are stated in the policy, it would also pay you if your horse is stolen. It would pay the actual value of the horse at the time of the accident or illness causing its death, not exceeding the value specified in the schedule.
The number one question we get is usually regarding the value of your horse. 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 that said, this amount will have to be agreed by the insurance company underwriter using the Equine Value Justification form.
The value usually starts with the price you paid for the horse and goes from there. With a recent purchase, the purchase price would be used (and for foals, 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).
Keeping your horse healthy requires good nutrition, exercise, affection, and good medical care. Medical care for your horse can get expensive, but Equine Major Medical Insurance can help defray these costs and can be added to a Mortality policy. (Mortality coverage can be purchased on it's own without Medical coverage or at a discount with Medical coverage. Medical coverage is an addition added to a Mortality policy and as such cannot be purchased without Mortality. (See Valuable Optional Cover Below)
So How Much Does this all cost......
Rate Guide Example
Hartford Insurance Co: (Cost of Mortality) + $250.00 per year for $7,500.00 Major Medical with $300.00 medical deductible.
Great American Insurance: (Cost of Mortality) MUST BE OVER $10k + $375.00 per year for $10,000.00 Major Medical with $250.00 medical deductible.
Higher medical limits are available. Rates are subject to change. Some companies offer payment plans.
Cost of Mortality is a percentage based on breed, age, sex, use and insured value.
Please complete the form below for a free rate quote.
For a quote on Mortality with Major Medical for your horse(s), please fill out our form online
Or copy these questions and email them to us with the following information.
It's easy to tailor your insurance program to meet your specific needs. Choose the coverage's that are right for you from the following options which as mentioned above can be added to your Mortality policy for a nominal charge.
Major Medical Endorsement:
If your horse requires surgical or medical attention as a result of an accident, injury, sickness (Including Colic) or disease, this endorsement will reimburse you.
Surgical Expense Option:
This coverage for surgical expenses incurred to save the life of an uninsured horse if surgery is required as a result of an accident, injury, or sickness or disease.
Loss of Use Endorsement:
This coverage protects you from financial loss if your insured horse can no longer fulfill the function for which it is used, as stated in the policy.
In addition to the Mortality and Medical insurance, you may also need Liability coverage, See the " Horse Owners Liability" page.
Insurance Company Application Forms and brochures forMortality, Major Medical & Surgical
After obtaining the above quote, you will usually need to complete one of these simple applications and the Equine Value Justification form.
We can also write coverage for the following:
Accident, Sickness, & Disease (AS&D) Stallion Infertility
Loss of Use Protection
International Trip Transit
We are very fortunate to represent many of the finest companies providing these coverages allowing us to offer very competitive rates on all of our products. For more details and questions, please contact me.
*Please note: This website provides only a simplified description of coverage�s and is not a statement of contract. Coverage may not apply in all states. When you receive your policy please read the complete details on coverage�s, limits, conditions, exclusions and all endorsements.
Diana Humphries, Arizona, California, Texas
Laurel Fowler Insurance Broker, Inc. OB57610
Main Office - 877 Noyes Road, Arroyo Grande, CA 93420