What is your favorite insurance company? Looking to do mortality and Major medical. Horse valued at 10 k what do you typically pay?
I use EMO and have had good experiences. I’m not sure how much it would be for you, but my mortality is 3.6% of my mare’s value. I also got major medical as well as additional colic surgery coverage.
I insure with XL Specialty through Broadstone Agency. Broadstone is great to work with and can quote you several carriers for comparison. Mortality with XL is 3.4% of insured value (not sure if there is any minimum premium amount) plus major medical (typically a few hundred dollars depending on how much coverage you want. https://www.broadstoneequine.com/
I have Hallmark. The premiums are calculated based on your horse’s value, age, and discipline - so if you own a 10 year old horse that’s valued at $20,000 that you compete at Prelim level eventing is going to have a higher premium than a 10 year old horse valued at $20,000 competing in hunters. I competed my horse in eventing and H/J shows but put down eventing as discipline as Hallmark advised me that should he be injured while competing at a horse trial, it might not be covered. I’ve had a couple of claims and Hallmark has been great.
Regardless of who you go with, make sure you know your policy inside and out! Is your horse going to be insured for “agreed value” or “actual cash value” (fair market value)? With agreed value, if your horse is insured for $10,000 and the horse dies, the insurance will pay out $10,000 as long as there is proof of value. With actual cash value, you may be paying premiums on $10,000 for 5 years, but if your horse dies, the insurance company will only pay out what your horse is worth at the time of death (fair market value). If the economy tanks, etc., and the fair market value is only $4,000, that is unfortunately all you will get. Most horse owners are under the impression that if they insured their horse for $20,000 and they have paid their premiums every year that they will get $20,000 if they die. Unfortunately, no always true!
Regardless of the insurance company you choose, please, please, please make sure to keep good records on your insured horse - including pictures, video and show records…and remember to continue to update them! I’ve done several very tough equine appraisal cases in which the owner didn’t have a single photo or video of their insured horses that passed away, no show record, nothing…which makes it extremely tough to prove their value! And, if you feel like the insurance company is giving you the run around, and you truly believe your horse is worth more, get your own independent equine appraisal done and present it to the insurance company. I do a lot of these…and it does work! Though, the owner has to be realistic in regards to what their horse’s Fair Market Value actually is. 
