"We have enjoyed working with Marvin over at Brooks~Maberry because we can give him a call and he takes care of it. Whatever it is. The relationship is really what it’s all about."
~ Teri Tonn

Insurance is a valuable tool in the financial management of the risk you are exposed to in your business. Basic fundamentals of Equine Insurance, Liability Insurance and Bovine Insurance are covered below. For the most up-to-date information and current rates, please contact an agent.

The basis of most equine insurance policies, and the most important, is the mortality and theft (M&T) insurance. This policy protects your horse from ALL RISK. Your horse is covered for death or humane destruction caused by accident, illness, or disease, with theft included.

Example: Your horse is in a trailering accident and breaks his leg. Upon the veterinarian's request, you have the horse put down. The horse would be covered under the M&T insurance.

Contact an agent for more details.

This is an accident-only policy with theft included that is less expensive, but has limited coverages. The horse is covered against death or humane destruction resulting from bodily injury caused by a sudden and external accident.

Example: You have two broodmares that die. One was killed by lightning and one had an aneurysm. The policy will cover the lightning loss, but not the aneurysm. The lightning is an external and visible accident where the aneurysm is not.

Contact an agent for more details.

Another option is the Specified and Optional Perils policy. Again, this is an accident-only policy with theft included that is less expensive than the Special Accident policy. However, know that the accident causing death or humane destruction must be listed within the policy.

Example: You have two broodmares that die. One was killed by lightning and one died from a rattlesnake bite. The policy will cover the lightning loss, but not the snake bite. Electrocution is one of thirteen (13) listed perils covered within this policy. Snake bites are not listed.
Contact your agent for a complete list of specified perils.

Contact an agent for more details.

The basis of most bovine insurance policies, and the most important, is the mortality and theft (M&T) insurance. This policy protects your animal from ALL RISK. Your bovine is covered for death or humane destruction caused by accident, illness, or disease, with theft included.

Example: Your bull is in a trailering accident and breaks his leg. Upon the veterinarian's request, you have the animal put down. The bull would be covered under the M&T insurance.

Contact an agent for more details.

This is an accident-only policy with theft included that is less expensive, but has limited coverages. The bovine is covered against death or humane destruction resulting from bodily injury caused by a sudden and external accident.

Example: You have two bulls that die. One was killed by lightning and one had an aneurysm. The policy will cover the lightning loss, but not the aneurysm. The lightning is an external and visible accident where the aneurysm is not.

Contact an agent for more details.

Another option is the Specified and Optional Perils policy. Again, this is an accident-only policy with theft included that is less expensive than the Special Accident policy. However, know that the accident causing death or humane destruction must be listed within the policy.

Example: You have two bulls that die. One was killed by lightning and one died from a rattlesnake bite. The policy will cover the lightning loss, but not the snake bite. Electrocution is one of thirteen (13) listed perils covered within this policy. Snake bites are not listed.
Contact your agent for a complete list of specified perils.

Contact an agent for more details.

These special accident policies are great policies to use when you may be insuring a large number of bovine, such as recip cows, calves or weanlings. These keep the insurance premiums within budget and still offer accident protection. Please communicate your situation clearly to your agent in order that he/she can help determine what may be best suited for your needs.

There are additions that can be made to a policy known as endorsements. There are many good plans available, and should be chosen by considering what is the very most they could spend on veterinary care (emergency and non-emergency) if the horse owner did not have insurance on the animal. This protects a client against those unexpected, budget-wrecking procedures that come up from time to time.

Adding a Major Medical Endorsement to your policy will cover all veterinarian costs. Surgical and non-surgical bills are included.

Example: Cut forearm that requires stitches, EPM diagnosis and medication, bone chip removal, eye surgery, colic surgery, etc.

Contact an agent for more details.

Anything being done while the animal is under anesthesia is considered to be surgery. This endorsement includes all surgical veterinarian costs.

Example: Bone chip removal, eye surgery, colic surgery, etc.

Contact an agent for more details.

This endorsement provides coverage for colic surgery only.

Contact an agent for more details.

One of the most overlooked parts of the equine insurance policy is the 12-month Extension. Also available is the Agreed Value Guaranteed Renewal (AVGR). These endorsements, though slightly different, can be included in your rate, but in some circumstances must be requested. Essentially, the 12-month Extension and AVGR protect your horse’s insurability the year following the current policies expiration, no matter his condition or value. Contact an agent for the subtle differences regarding these two policies.

Example: If your horse were to be injured a week before renewal, with the 12-month Extension, or AVGR, the animal will be eligible for the same insurance policy you currently have. Without this endorsement, your horse may become un-insurable if an accident occurred. A company could also place an exclusion on the new policy as a pre-existing condition or lower the insured value of the horse if no renewal endorsement exists.

Contact an agent for more details.

The Territorial Limits Extension is designed for clients to traveling to foreign countries to International Events, or for transporting breeding horses for breeding seasons in the Southern Hemisphere. By extending the territorial limits of a typical policy, the animals are covered in case of accident while abroad.

Example: The USET competition is held in Spain, and a client will travel overseas to compete in the competition. Or a breeding stallion will be sent to Australia for their breeding season from September through December and then return to the U.S.

Contact an agent for more details.

With the ever-changing horse industry, equine insurance continues to offer many specialty coverages to horse owners. such as Pro-Foal Insurance, Stallion Permanent Disability, and options to extend Territorial Limits.

Pro-Foal Insurance provides protection from the loss of a foal. Coverage can begin from the time the mare is pronounced 42 days in-foal (pregnant) and continues after birth until the foal is 45-days old. Coverage time for recipient mares begins when mare is declared 50 days in-foal and continues after birth until the foal is 45-days old.

Example: Two mares are bred. The first mare is pronounced in foal 45 days after breeding. When she is palpated at 60 days, the veterinarian discovers she has absorbed the embryo. The second mare carries the foal to term, has a healthy foal, and the foal is snakebit at 15 days of age and dies. Both foal value’s will be paid out if Pro-Foal Insurance policies exist on both mares.

Contact an agent for more details.

This coverage offers clients a reimbursement of the insured value of a stallion if he becomes reproductively unusable due to accident or illness.

Example: Your stallion is kicked by a mare while breeding and breaks his hip, rendering him unable to breed or mount a collection dummy. The stallions calculated insured value will be paid to the owner. Calculated insured values are based upon current breeding fees, number of mares bred per year, and remaining breeding expectancy. Contact an agent for details.

Contact an agent for more details.

All business owners incur a certain amount of risk by operating a business. Accountants, Lawyers, Dry Cleaners, etc. all take on risk when operating as an independant business. General Liability policies offer varying degrees of coverage depending upon the policy you choose.

The Farm and Ranch Policy is a general liability policy designed to protect you, your assets and your equine business. Coverage includes your home, the homes of employees, barns etc. Property coverage is Section 1 of this policy.

Section 2 addresses liability coverage. Liability insurance protects the assets of a business when it is sued for something it did (or didn't do) to cause an injury or property damage. A Farm and Ranch Policy provides both personal and commercial general liability. Litigation assistance is also included in this liability coverage. In the event you, the insured, are sued, this policy will defend you at no additional cost. For those businesses needing only commercial general liability coverage, scroll down to Stable Liability.

Contact an agent for more details.

Another liability option available is the Stable Liability Policy. It is a commercial general liability policy designed specifically for equine professionals. Commercial general liability coverage protects the assets of a business when it is sued for something it did (or didn't do) to cause an injury or property damage. Another major advantage of Stable Liability is its ability to assist you in the event that you are sued. If you, the insured, is sued, this policy will defend you at no cost.

Contact an agent for more details.

Event Liability is offered for those holding equine events. It protects the event holder from lawsuits resulting from an injury or property damage that occurred during the event. These policies protect the premise owner as well due to them being included in the policy as additionally insured.

Contact an agent for more details.

Coverage for Club and Association Liability is very similar to Event Liability except that there are generally more events throughout the year. Therefore the rate schedule is slightly different in that the membership size and event type determines the rate.

Contact an agent for more details..