West Coast Equine Insurance Services
is pleased to offer you insurance protection for your valuable assets and riding partners . We represent several carriers, and can tailor a program to fit your specific needs. Some of the coverages include;
Mortality & Theft Coverage
This is the basic coverage, and required for any of the following options. It includes coverage for death
as a result of theft, injury, illness, disease, or humane destruction. Transportation exposures are automatically included anywhere in the continental U.S.A. or Canada.
Colic Surgery Coverage
Some companies will provide a limited coverage for colic surgeries, usually up to $3,000. This is a valuable enhancement to the basic mortality/theft policy. However, a colic surgery would also be covered under the major medical/surgical or surgical (only) coverages described below
Guaranteed Extension Coverage
This endorsement provides that in the event a condition occurs to your horse (and is reported) during the policy period, the mortality coverage will automatically continue for up to 12 months after the expiration date of the policy. (This coverage is not available with all companies).
Agreed Value or Value Coverage
This endorsement establishes the insurable value of your horse at the time the policy is written, and you would be paid the amount stated in the policy declarations at the time of a loss. This contrasts to actual cash value policies which are based on the value of your horse at the time of the loss, not necessarily the stated amount in the policy declarations. We strongly recommend agreed value policies, and will quote them whenever possible. We don't believe that anyone wants to be negotiating with an insurance company as to the value of your horse, during this stressful time following your loss. It requires a bit of homework up front, but you will sleep better for having done it
Major Medical and Surgical Coverage
This option provides your horse with coverage for the cost of covered medical and surgical procedures, including diagnostics, as a result of accident, illness or disease. Generally, this coverage is available through 15 years of age. There is normally a deductible (frequently $250) which applies to each occurrence and an annual aggregate limit (frequently ranging from $5,000 to $10,000) for all major medical claims during the policy period. When comparing coverages and companies, be sure to ask about limitations, exclusions, and coverage limits. In some instances, major medical limits may be restricted to no more than the insured value of the
horse.
