Commercial Equine Liability Insurance

Equine Liability Insurance by The Equestrian Group

 

Do you need equine liability insurance?   If you board, breed, race, train, give riding instruction or conduct any kind of business related equine activity you need a Commercial Equine Liability Insurance policy.

A Commercial Equine Liability Insurance policy pays the damages for liability 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.

The Equestrian Group Commercial Agribusiness Insurance Program offers some of the industry’s broadest and most comprehensive coverage available to the  equine business owner at a competitive preferred price.

equestrian center at dusk with yellow lights and blue sky above green grass

Do you need horse liability insurance?  If you board, breed, race, train, give riding instruction or conduct any kind of business related equine activity you need a Commercial Equine Liability Insurance policy.

A Commercial Equine Liability Insurance policy pays the damages for liability 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.

Commercial Equine Liability Policies 

 

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Boarding Stable Liability Insurance

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Equestrian Association Liability Insurance

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Equine Assisted Therapy Liability Insurance

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Farrier Liability Insurance

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Guest Ranch Liability Insurance

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Horse Care Custody & Control Liability Insurance

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Horse Show & Equine Special Event Liability Insurance

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Horse Trainer Liability Insurance

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Personal Horse Owners Liability Insurance

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Polo Club Liability Insurance

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Pony Ride Liability Insurance

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Riding Instructor Liability Insurance

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Riding Club Liability Insurance

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Rodeo Event Liability Insurance

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Trail Ride Liability Insurance

 

 Equine Liability Laws may help you provide a defense in the event of an equine incident but they will not prevent you from being sued. Homeowners and standard Farm owners policies exclude commercial equine activities.  Without adequate liability coverage you will have to pay damages and defense costs yourself.  If these damages and costs are high enough you may suffer financial hardship or bankruptcy. 

Liability policies are designed to help protect you if you are sued by a third party who is injured or whose property is damaged.  A third party is generally someone who is not a family member or employee.  The policy covers defense costs and pays claims for which you are legally liable up to the policy limits.

If you have employees you should carry workman’s compensation insurance as they are not covered under the general liability policy.  You should also make sure that any independent contractors or vendors that work with you show proof of their own liability insurance and ask that you be named as an Additional Insured on their policy.  This is especially true if they are an independent instructor or trainer working at your facility.

Defense costs for lawsuits are also provided in this coverage, whether substantial or groundless. Policy payments extend to the cost of bail bonds, interest on judgments against you and expenses you incur at our request to assist in your defense.

Care Custody & Control Exclusion

 

All Commercial General Liability policies contain an exclusion for property damage to property in the insured’s care custody and control.  The policy states ” This insurance does not apply to: (h) property damage to (3) property in the care, custody or control of the insured or property as to which the insured is for any purpose exercising physical control”. 

This exclusion was designed to exclude coverage for damage to property that should be covered under insurance specifically designed for property, such as bailee insurance, fire insurance and so on.  Further, the exclusion takes out of coverage risks that the drafters believed were the business risks that should be borne by the business persons themselves.  This exclusion applies to a boarder’s horse and any tack or equipment they may leave at your premises.

Our Commercial Equine Liability policy is designed to insure any type of horse-related business including:

 

Coverage Highlights

 

Occurrence $100,000 – $1,000,000
General Aggregate $200,000 – $2,000,000
Aggregate Products/Operations $200,000 – $2,000,000
Personal Injury /
Advertising Injury
$100,000 –
$1,000,000
Medical $5,000
Fire Legal Liability $100,000

 

  •  A+ rated insurance company
  • Full Occurrence Liability Basis
  • Up to $10 million liability limits
  • Commercial liability applies in the U.S. & Canada
  • Products/Completed Operations coverage
  • Personal Injury & Advertising Liability
  • Professional Equine Liability Coverage Option
  • No Liability Deductible
  • Trainers Professional Liability
  • $5,000 medical payments included
  • Defense cost paid in excess of policy limit
  • Employees are named as Additional Insured
  • Extended coverage for Additional Insured
  • Independent contractors can be added to policy
  • Care, Custody & Control Liability Options
  • Horse Show & Special Events coverage available
  • Convenient payment options

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

Homeowner and standard farm owner insurance policies completely exclude your equine business pursuits.  Please visit our Reference Library for specific examples of litigation and court precedents that could apply to you.

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Things You Should Know:

Why Do I Need Commercial Equine Liability Insurance?

If you operate an equestrian business or organize equine events, you know how much planning and effort is involved to make the occasion both safe and successful for everyone involved. Even with the most careful planning, unexpected situations can arise that you might not be prepared for.  Without adequate liability protection you will have to pay damages and defense costs yourself.  If the damages and costs are high enough you may suffer financial hardship or bankruptcy.

What Does The Commercial Equine General Liability Insurance Policy Cover?

This policy was specifically designed to protect your event 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 will also add the premises owner, venue, sponsors, volunteers and co-producers as additional insureds.

Certificate of Insurance vs Additional Insured Endorsement

When producing 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.

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 negligent injury to horses under your control.

What is 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.

 

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