Laura Connaway of Connaway and Associates Equine Insurance Services, Inc. has been providing personalized horse insurance coverage since 1992, focusing on competitive options for horses, horse farms, and equine liability. She emphasizes the importance of informing and educating clients about available coverages to meet their individual needs, addressing common questions such as when to notify the insurance company of changes in a horse’s condition.

In case of a medical emergency with your horse, it is crucial to contact your veterinarian immediately for life-saving care, followed by notifying your insurance carrier using the emergency phone number provided in your policy. If you need to change your horse’s insured value, contact your agent to request an increase or decrease in the insured value, which can be done at any time during the policy period. Changes in a horse’s career or use, such as switching disciplines or adding new activities, should also be reported to the insurance company to ensure proper coverage.

When buying a new horse, it is important to have an insurable interest in the horse to take out an insurance policy in your name or the name of the entity that owns the horse. Any changes in ownership, such as adding a co-owner or leasing the horse, should be disclosed to the insurance carrier. In the unfortunate event of theft or death of your horse, immediate notification to the insurance carrier is necessary, along with following specific procedures for reporting the loss to ensure proper handling of the situation.