If you supply professional services and deal with horses, you need to insure yourself to protect your business. Many insurance companies will readily insure experienced equine professionals because of the professional liability exposure.
What you’ll discover in this report:
- Which professionals should consider equine professional liability
- Coverage provided by equine professional liability
- Benefits of adding professional liability insurance to your general liability insurance
Who Should Consider Equine Professional Liability Insurance?
The following equestrian professionals should consider equine professional liability:
- Riding instructor: A student can claim an injury they or their horse suffered was caused by something you taught them. Your techniques could also come into question. Lawsuits are also possible if an injury occurs to a special needs client because of poor judgment or application of therapeutic practices by the therapist.
- Farrier/blacksmith – If a horse is improperly shoed or trimmed, it could ruin their chances at a horse in competition. Its owners may hold you responsible for those losses.
- Veterinarians
- Therapeutic services providers for horses
What Does Equine Professional Liability Insurance Cover?
As with all policies, there are specified maximum amounts of liability insurance for claims and maximum limits for legal defense costs and settlement or claim costs.
Your legal defenses will be covered even if your case has no merit if you’re sued in relation to your insured service regarding bodily injury, property damages, personal injury, prize money losses or loss of value of a horse you’re responsible for.
As a professional, you want to insure yourself so you’re protected against any claims during what a client considers is unsound judgment.
Why Should I Add Professional Liability Insurance to My General Liability Insurance?
Professional liability insurance can either be a standalone policy or added to an existing commercial general liability policy, depending on the level of coverage required.
Professional liability doesn’t provide premises and operations coverage that’s available in a general liability policy. But the general liability policy does insure you if there is any bodily injury or property damage if you’re held responsible for negligence during your business activities.
Get Equine Professional Liability Insurance Today
At Henry Equestrian, Powered by NFP, we understand horses and we want to make sure you and your business is protected. Contact us today to learn more or click below for a free, no-obligation quote.