Farrier Insurance - Farrier Liability Insurance - Allen Financial Insurance

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Farrier Insurance Program

The AFIG Farrier Insurance Program and Ferrier Liability Insurance program is designed to respond to the specific needs of a professional farrier. Legal cases and lawsuits are more prevalent as technology, and information increases to identify the cause of laminitis,lameness, improper hoof angles and/or using pads improperly, more horse owners are likely to point the finger at the farrier when things go wrong. This plan gives you the ability to buy broad property and  liability coverage at preferred rates.  The Farrier Insurance Policy guarantees better service and more coverage for the insurance dollar than any other program. 

The Equestrian Group knows your business needs.  We have over forty years of experience in equine industry and specialty liability insurance. 

 

bullet National A rated company
bullet Low Preferred Rates
bullet Immediate Quotes
bullet Easy Payment Plans
bullet 24 / 7 Claims Service
bullet Immediate Certificates of Insurance

The  Farrier Insurance Program  is available
to farriers throughout the United States. 

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Get A Farrier Insurance Quote!

What kind of protection does the Farrier Insurance Program Provide?

If a person (other than an employee) is injured on your premises or as a result of your business activities, you are covered.  If property is damaged because of your negligence you are also covered.  You are protected for claims against products you sell or work you have performed.  If a horse is injured or dies while in your care, custody and control, you are covered up to certain limits spelled out in the policy.  In addition, your equipment and supplies are covered against loss or damage!

Coverage is written on an occurrence basis (not claims made) through a domestic, A rated insurance company and tailored to fit your specific business operations and budget.

Occurrence $1,000,000 – $2,000,000
General Aggregate $1,000,000 – $2,000,000
Aggregate Products/Operations $1,000,000 – $2,000,000
Personal Injury /
Advertising Injury
$1,000,000
Medical $5,000
Damage To Premises Rented To You $100,000
Care, Custody & Control Coverage

Coverage in this program includes:

 

Farrier’s Business Liability:

This program begins with a broad array of liability coverage vital to the operation of your business. In addition to being covered against liability risks specifically associated with the farrier activity you are also covered in such areas as product liability, property damage liability and legal services.  Coverage can also be extended to independent contractors and farrier’s helpers.

Completed Operations:

Coverage is included for claims and legal judgments due to bodily injury or property damage caused by work you have performed.  For example: a shoe comes off two or three days after it is put on, resulting in injuries to the horse and rider.

Business Property:

Business property insurance covers the physical parts or your business. These are things like your building, equipment, furnishings, fixtures, inventory, computers, records and other valuable items. This coverage helps repair or replace the building and its contents, and can also help provide income if your business can’t operate for a while after a covered loss.

Equipment & Supplies Floater:

The policy offers standard limits of $1,000, $2,500 or $5,000 with a $500 deductible per claim.  This coverage provides protection for loss or damage to your transportable inventory of horse shoes, tools and supplies that are used in connection with your farrier practice.  Theft is covered but please refer to the policy for  specific details on other perils covered.

Care,Custody and Control Liability:

This insurance is essential for every farrier  business as you are responsible for other people’s horses while working with them. The policy pays all sums you are legally obligated to pay others for damage to horses in your care, custody or control.  Standard limits of $5,000, $10,000 or $25,000.  This important benefit picks up coverage for injury  to any non-owned horse as a result of your negligence as Farrier while the horse is in your care, custody and control.

This coverage does not apply to horses you own or lease, which typically are covered by a mortality policy. Almost all general liability policies exclude coverage for injury or death to any animal in your care, custody or control.  Our CC&C policy will defend and protect you against claims for negligent loss. 

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Additional Coverage Available

Commercial Automobile
Hired & Non-Owned Auto
Identity Theft
Umbrella Limits to $5,000,000

Association Membership Discounts

American Farrier’s Association
American Association of Professional Farriers
Brotherhood of Working Farriers
Guild of Professional Farriers

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Things You Should Know:

What does The Business General Liability Policy Cover?

This policy was specifically designed to protect your business anywhere in the United States, it’s territories or Canada.  The general liability policy will pay the damages imposed upon you or your business by the law.  It also pays the cost of defending you when a claim is made against your policy.  Coverage is written on a full occurrence basis by an Admitted, A rated US insurance company and is tailored to fit your specific event needs.  The policy can also add your landlord, sponsors, volunteers and independent contractors as additional insureds.

Certificate of Insurance vs Additional Insured Endorsement

When renting a premises or attending a special event you will often be asked to provide a certificate of insurance to verify the existence of insurance coverage under specific conditions.  More specifically, the document lists the effective date of the policy, the type of insurance coverage purchased, and the types and dollar amount of applicable liability.

Frequently, another party such as the venue or a sponsor will ask to be named as an additional insured on your policy.  The additional insured then enjoys the benefits of being insured under your policy your for negligent acts and omissions but not for his own negligence.

In a rush?      

Call 800.874.9191 for an immediate quote

What is a Waiver of Subrogation?

Very often, a contract or lease agreement will require one or both parties to waive their rights of subrogation.  Subrogation means one party has the right to “step into the shoes” of another party for the purposes of bringing a claim for damages.  Suppose you experience a financial loss due to the negligence of a third party.  Normally you could sue the responsible party for full restitution but if your insurance company pays the claim your insurer is then subrogated to your claim against the negligent party.  In essence, your insurance company has been given your rights of recovery after paying your claim.  Before you sign a contract containing a waiver of subrogation, check with your insurance agent to be sure you are not violating any of the terms of your insurance policy.  If your policy will not permit a waiver, you may be in danger of losing your insurance coverage, leaving you without policy proceeds or a cause of action against the other party.  If the insurance company does permit a waiver of subrogation, it may be necessary to obtain an endorsement to the policy and, in some cases, pay an additional premium.

What is Third Party Property Damage Liability (Care, Custody, Control Liability)

Most liability policies have provisions that exclude coverage for physical damage or loss to property while it is in the care, custody or control of the insured.  Care, Custody, Control Liability (also known as Third Party Property Damage) is an optional coverage that will pay for direct physical damage the the rented premises.

Understanding Claims Made Insurance – Claims Made vs Occurrence Form Liability

Information Request Form

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  Contact us by phone (800) 874-9191, FAX (602) 992-8327
or email below for more product information.

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