Can anyone recommend an insurance company for major medical and mortality coverage?
I am going through the process right now, and am using Broadstone. I think I got the info right off the USEA website.
I was just doing some rate and policy shopping and switched to Broadstone.
I posted a thread about this in the H/J forum – I just insured an older (16) horse through XL Specialty Insurance. They gave me a great rate and included $5k free colic surgery coverage with the mortality insurance.
The agency I go through is Blue Bridle Insurance Agency and they write with a few insurance companies. The people are very helpful in explaining the different policies. I have used them for years and am happy with them.
If your intention for getting insurance has anything to do with major medical, save your money and self insure. Most have become stingy (that’s as nicely as I can put it) in terms of covering any type of diagnostics. No injections of anything, anywhere, ever is covered. If I had realized how stingy they had become since I first bought my horse, I would have switched to self insuring a long time ago.
I used Broadstone but they ditched my horse d/t too many claims. They did cover a lot of stuff while he was insured. So I self insure now. Won’t insure again.
I had Hallmark - good response when I had a claim. Recently insured with Broadstone because I had a horse on trial and their initial insurance was easier to start with a horse on trial for similar coverage.
[QUOTE=tbchick84;8460509]
If your intention for getting insurance has anything to do with major medical, save your money and self insure. Most have become stingy (that’s as nicely as I can put it) in terms of covering any type of diagnostics. No injections of anything, anywhere, ever is covered. If I had realized how stingy they had become since I first bought my horse, I would have switched to self insuring a long time ago.[/QUOTE]
I would disagree re: self insurance. My major medical coverage has saved me huge expenses many times…
I used to be an equine insurance agent, and the #1 claim we saw was colic and/or colic surgery. If you can afford to self insure for the 3K-15K colic surgery typically costs, then go for it. Equine insurance may have changed for lameness coverage, but the colic coverage is still pretty good IMHO.
Some companies also have a “catastrophic” medical coverage now, for emergency-type injury situations (not general lameness), which is inexpensive compared to major medical/surgical.
Does anyone know of an insurance that covers tie-back? I keep seeing that it’s excluded on policies. Roaring is an unsoundness, so you’d think it wouldn’t be…
Tiebacks are generally excluded.
After a crappy experience with Great American, I switched to The Hartford, through Broadstone. That horse was a fricking trainwreck (he was in a trailer accident that resulted in a bone sequestrum, multiple surgeries, and 10 weeks of IV Baytril). The Hartford merrily paid all his bills and, ultimately, his mortality when we lost him in colic surgery. They were fantastic. I just renewed the policy on that horse’s successor and continue to be happy with them.
Only good things to say about Hallmark here. Have used them for 25 years for liability, CCC and competition horse coverage. A number of our boarders have used them as well - all positive experiences even w claims.
[QUOTE=tbchick84;8460509]
If your intention for getting insurance has anything to do with major medical, save your money and self insure. Most have become stingy (that’s as nicely as I can put it) in terms of covering any type of diagnostics. No injections of anything, anywhere, ever is covered. If I had realized how stingy they had become since I first bought my horse, I would have switched to self insuring a long time ago.[/QUOTE]
I dropped insurance when I retired my horse, and he went and ripped his nostril off his face and had to have 2 hours of surgery. Sigh.
I have XL through Broadstone on my 2 sound horses. They have 2 rates, the more expensive one covers a larger percent of diagnostics. So far I have only had to use it once, but that claim went very smoothly.
I use The Hartford through Broadstone. I haven’t had to use it, but the peace of mind of having MM coverage, for me, is worth the relatively inexpensive premium (not an expensive horse).
I wish I had the same experience. I recently ran up $2,900+ trying to diagnose a slipping/stumbling issue. The check they sent me was for $230. I got my insurance, like many people, thinking it would save my dirt poor butt if I ever needed it. Instead, I’ve apparently been throwing away over $600/yr in premiums. If I had saved that money instead, I’d now be sitting on almost $5,000 to contribute to eventual emergencies if they ever came up.
Are they are companies that cover catastrophic for horses that don’t meet that
20K value requirement? All I want is colic and surgical anyway. MM is useless.
[QUOTE=islgrl;8460946]
I would disagree re: self insurance. My major medical coverage has saved me huge expenses many times…[/QUOTE]
