You would never think about going without the protection of insurance on your home, your vehicles, your health, and all your other assets that you can provide coverage for. The biggest protection we have is insurance. When it comes to your horse or horses, horse insurance in Georgia area can offer you the same protection and peace of mind as any other type of insurance. Horse insurance is purchased in the same way as other policies, but you will find that they are underwritten by companies that specialize in equine insurance. The amount you pay and what level of coverage you purchase is all up to you.
Functionality of the Horse
There are times when people purchase horse insurance policies because their financial stability is based on how well the horse functions. Typically, these owners are the ones whose horses are used for racing and/or breeding. Since any financial reward that they can expect to receive will be based on the horse being able to perform, horse insurance can be an extremely important to these owners. If your horse becomes permanently incapacitated, the policy should offer you a payout based on a percentage of the horse’s earnings over its expected lifespan. Say you are a horse breeder and you purchase an animal to be used for breeding or stud purposes and it turns out that it suffers from infertility. There are even policies that you can have in place to cover lost income.
There is a myriad of types of horse insurance and generally a company who specializes in the field will be able to discuss with you what your needs are and will be able to tailor a policy to meet them. When it comes to horse insurance in Georgia, Harbin Equine and Farm Agency has proven their dedication to the equestrian world.
