Insurance for an equine therapy business is essential for protecting both the organization and its clients.
It typically includes a combination of coverage types tailored to the unique risks of working with horses and individuals receiving therapeutic services.
General liability insurance covers third-party injuries or property damage, which is crucial when clients interact with animals.
Professional liability insurance, also known as malpractice insurance, protects the business from claims related to the services provided, such as injuries during therapy sessions or alleged negligence.
Since horses can pose physical risks, equine liability insurance is often added to cover accidents specifically involving animals, including bites, kicks, or unexpected behavior during sessions.
Additional policies may include commercial property insurance to protect buildings, barns, and equipment, as well as workers’ compensation if the business employs staff.
Overall, having comprehensive insurance ensures that equine therapy providers can operate confidently while safeguarding their assets, reputation, and the well-being of clients and animals alike.
Best Insurance Policy for Equine Business
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General Liability Insurance
Purpose: Covers bodily injury and property damage caused by business operations (e.g., a visitor being kicked by a horse).
Average Cost: $500 to $1,000 per year
Why It’s Important: Essential for protecting against lawsuits from clients, guests, or visitors injured on your premises.
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Equine Professional Liability Insurance
Purpose: Protects against claims of negligence or failure to provide professional services (e.g., improper therapy causing harm).
Average Cost: $400 to $1,200 per year
Why It’s Important: Crucial for equine therapists, instructors, and coaches offering services involving horses.
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Equine Mortality and Major Medical Insurance
Purpose: Covers veterinary costs and death due to illness, injury, or accident for valuable therapy horses.
Average Cost:
Mortality: 2.5% to 4% of the horse’s value annually
Medical: $150 to $500 per year (based on coverage limits)
Why It’s Important: Protects the financial investment in therapy horses.
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Commercial Property Insurance
Purpose: Covers damage or loss of business property such as barns, arenas, tack, and equipment due to fire, theft, storms, etc.
Average Cost: $750 to $2,500 per year (depends on property value and location)
Why It’s Important: Safeguards physical assets that are vital to your daily operations.
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Workers’ Compensation Insurance
Purpose: Provides wage replacement and medical benefits to employees injured on the job.
Average Cost: $0.75 to $2.00 per $100 of payroll
Why It’s Important: Required by law in most states if you have employees, and protects you from employee-related injury claims
Insurance Companies That Offer Insurance Policies for Equine Businesses
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Great American Insurance Group
Great American Insurance Group is a leading provider of equine mortality insurance and related coverage.
Their Equine Mortality division is staffed by experts in all breeds and disciplines, offering specialized expertise to meet the unique needs of horse owners and equine businesses.
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Blue Bridle Insurance
Blue Bridle Insurance is an independent agency specializing in equine insurance since 1982.
They offer a variety of coverage, including mortality, major medical, and surgical insurance for horses.
Blue Bridle represents carefully selected companies to provide the best coverage and competitive prices for horse owners, farms, and equine liability needs.
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Broadstone Equine Insurance Agency
Broadstone Equine Insurance Agency is known for its comprehensive equine coverage options.
They offer mortality, major medical, and liability insurance for horse owners, trainers, and facilities.
Broadstone’s policies are designed to protect various aspects of horse ownership and equine business operations.
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Markel Insurance
With over 50 years of experience, Markel Insurance provides specialized policies for horse owners, farms, and equine operations.
Their coverage is designed for agricultural and horse operations, offering protection for private horse owners to large equine facilities.
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Equine Insurance Specialists
Equine Insurance Specialists offers a broad range of liability insurance products for horse and business owners across the U.S., excluding Alaska and Hawaii.
Their offerings include commercial equine liability, riding clubs & associations, instructors & trainers liability, and more, catering to various equine-related insurance needs.
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Kay Cassell Equine Insurance
Kay Cassell Equine Insurance has been creating custom horse insurance policies for over 35 years.
They focus on protecting horses, equestrian facilities, and liability, tailoring coverage to meet the specific needs of their clients in the equine industry.
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Equisure, Inc.
Equisure provides tailored insurance solutions for equestrians, dog trainers, and animal handlers.
Trusted by professionals for over 30 years, they offer coverage that understands the unique bond between animals and their handlers, ensuring peace of mind for their clients.
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Taylor, Harris Insurance Services (THIS)
Taylor, Harris Insurance Services is a boutique horse insurance agency run by horse people for horse people.
They provide specialized insurance for all types of equine risk, offering personalized service and expertise to their clients.
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Travelers Insurance
Travelers offers horse and stable insurance covering a wide range of risks associated with the equine business.
Their coverage options can be tailored to meet the property, liability, and operational needs of horse owners, stable owners, breeders, and trainers.
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The Hartford
The Hartford provides comprehensive insurance solutions, including coverage for equine businesses.
They are known for prompt claim reimbursements and fair dealings, making them a preferred choice among horse owners and equine professionals.
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American Equine Insurance Group
American Equine Insurance Group offers specialized insurance products for horse owners, trainers, and equine businesses.
They provide coverage options tailored to the unique needs of the equine industry, ensuring comprehensive protection.
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Hallmark Equine Insurance Agency
Hallmark Equine Insurance Agency specializes in providing insurance solutions for horse owners and equine businesses.
Their offerings include mortality, major medical, and liability coverage, designed to meet the specific requirements of the equine community.
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AgriLogic Insurance Services
AgriLogic Insurance Services offers a range of agricultural insurance products, including coverage for equine operations.
They focus on providing risk management solutions tailored to the agricultural and equine sectors.
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American Reliable Insurance Company
American Reliable Insurance Company provides specialty insurance products, including equine insurance.
They offer coverage options designed to protect horse owners and equine businesses from various risks.
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American Equine Insurance Group
American Equine Insurance Group offers specialized insurance products for horse owners, trainers, and equine businesses.
They provide coverage options tailored to the unique needs of the equine industry, ensuring comprehensive protection.
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The Insurance Office of America (IOA)
The Insurance Office of America offers a variety of insurance products, including coverage for equine businesses.
They provide customized insurance solutions to meet the specific needs of horse owners and equine professionals.
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EMO Equine Insurance
EMO Equine Insurance specializes in providing insurance coverage for horses and equine businesses.
Their offerings include mortality, major medical, and liability insurance, tailored to the needs of the equine community.
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Fry’s Equine Insurance
Fry’s Equine Insurance offers comprehensive insurance solutions for horse owners and equine businesses.
They provide personalized service and coverage options to protect against various equine-related risks.
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Jarvis Insurance Agency
Jarvis Insurance Agency specializes in equine insurance, offering coverage options for horse owners, trainers, and equine facilities.
They focus on providing tailored insurance solutions to meet the unique needs of the equine industry.
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Marshall & Sterling Insurance
Marshall & Sterling Insurance offers a range of insurance products, including coverage for equine businesses.
They provide customized insurance solutions to protect horse owners and equine professionals from various risks.