You do have to disclose all uses of the horse. The insurance cost will be in accordance with the carrier’s highest-rated of those uses. Insurers don’t take kindly to misrepresentation, and if it’s found out that a horse rated for something else is really eventing, claims could be denied and the coverage summarily canceled or non-renewed for that reason.
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I pulled up my own policy to see if there was any legal-ese in there defining “use” and was surprised to find there is not. Eventing covers dressage and showjumping so I don’t really expect that to be a problem, but it may be worth clarifying when my policy comes up for renewal, just to be safe. I am not a lawyer or an insurance agent but I could easily see a scenario where using a horse for something that wasn’t explicitly covered could get your whole policy cancelled, not just a claim denied, if they argued you were withholding information when you signed the forms.
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Do you have to do percentages of the use, or just everything the horse does? I think when I was looking into it, I just saw 1 spot for what the use was, but maybe if you get further into insuring the horse, you would have to specify. Thanks!
Just list all the uses. The percentages don’t matter to the insurance company–the exposure does.
Just out of curiosity, does anyone know how dressage is treat for coverage (as in is it considered the same risk as a h/j, or higher or lower?)
I am surprised to hear that some of you guys are getting policies without having to fork over a bunch of info. I have used several different companies and seen barnmates use even others and there’s always a form to fill out where you have to list all the “warts” and then those things get excluded. And if you “forget” something and try to put in a claim, the insurance company asks for past medical records, finds the thing you “forgot” and refuses to pay based on it being pre-existing. It’s been a long long time since I can recall giving just a smidge of info to an insurance company and getting a policy. Now you have to tell them a lot. Even on my weanling I bought, they asked for a whole bunch of info.
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IME, any level of jumping is considered higher risk than dressage.
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