Personal Liability Insurance is designed for people who do not use their horses for anything they get paid for.  It is not intended for anyone who trains horses, gives riding lessons, breeds horses for sale, or shows horses professionally. This is like auto insurance for your equine ride.  If your horse injures someone or damages property, you can be held liable, just as if you had injured someone or damaged property with your car.  The main difference being that unlike your car, a horse can think for itself and cause trouble while you may be miles away!  The insurance will pay for damages or defense up to the limit of the insurance.

The horse boarding business can be risky and more barn owners are getting smart and asking clients to carry their own liability insurance for their horses.  This protects the owner from potential lawsuits for damages or injuries caused by their boarders’ horses.  Barns are notorious places for human and animal injuries, personal property damage and other barn “dramas”.   Owners protect themselves by posting rules, having signed liability waivers, carrying liability insurance and requiring boarders to carry different insurances such as personal liability and mortality/emergency colic insurance. 

Personal Liability Insurance is not limited to just the barn location; it covers your horse wherever it goes.  If you’ve owned a horse for any amount of time, you are probably familiar with what might happen.   Problems are limited only by a given situation and a horse’s imagination.  This insurance stays with your horse while you own it.

The premium is paid for the year, and varies in price depending on how much coverage you want.  Coverage ranges from $100,000 to $1,000,000 per occurrence per year.  It will pay for medical care, property damage and/or legal defense.  The price is typically from $150 to $450 per year.

This insurance is easy to get quickly.  There are no statements of value, vet checks or performance records to submit.  It is one of the essential insurances for horse ownership along with mortality insurance.  Together they protect you from potential financial loss associated with owning a horse.

Written by Janet Spingath,

Agent for Oak Springs Insurance Group, LLC

Oak Springs Insurance Group attended the 5th Annual Crystal Peaks Youth Ranch Information Clinic.

Crystal Peaks' Rescue Horses

Over 150 attendees from around North America and Australia attended the popular event designed to provide information and resources about starting a horse ranch for youth.

Crystal Peaks Youth Ranch is located in Bend, Oregon and until recently was the only program of it’s kind.  Through the annual information clinic, now in it’s fifth year, it has been able to teach others from around the world how to establish similar horse ranches for the benefit of youth and horses.

Oak Springs Insurance Group was on hand to serve as an informational resource regarding horse insurance.  Oak Springs Insurance specializes in equine insurance for horse farms, ranches, individual horse owners, riders, trainers, and more.

“When we got our first horse, we realized it was more difficult to find the proper insurance coverage for the horse facility where he was boarded,” stated owner Renae Estes.  “Because of that, we ended up specializing our agency in horse insurance and equine related insurance products.”

The 4 day event focused on informational areas such as:

Crystal Peaks Youth Ranch

· Obtaining a 501(c)(3)
· Legalities of non-profits
· Child & Horse Safety
· Communicating with Kids
· Basic Natural Horsemanship
· Equine Herd Management
· Daily Infrastructure
· Staff & Volunteer Programming
· Fundraising

“It was a real pleasure to attend the clinic and be a resource for those interested in starting their own youth ranch ministry,” added Estes.  ”We know that it can be difficult to find the coverage that they need through normal insurance channels, and since we’re horse people ourselves we love working with other horse lovers and solving their insurance needs.”

The 2009 Crystal Peaks Informational Clinic was well attended and a huge success for all.