Blue Bridle has developed trusting relationships with a number of highly rated insurance companies that specialize, as we do, in equine related insurance products. When seeking horse insurance, for example, we are able to offer our clients and prospects wide choices.
Agreements entered into with the companies generally grant binding authority to the agency if/when the application for insurance meets all underwriting requirements. Mortality rates vary from one company to another as each relies on their actuaries to analyze the company’s loss experience and the potential risks. Factors include breed, age and use. This explains why the rate is higher for a horse that is eventing or used over fences than for one that is for pleasure use or showing on the flat. This also explains why rates increase as the horse ages. At some point it may no longer be expedient for the insured to continue coverage if the premium cost becomes a factor weighed against the value of the horse.
One thing all the companies have in common is the cut off age for full mortality insurance, covering the horse for death due to accident, illness, disease, is 20. Your Blue Bridle agent will always provide notice of expiration of any and all policies with instructions for obtaining a renewal quote. If exclusions may apply or if the horse is no longer eligible, you will always receive timely notice.
Bear in mind that in order to obtain added coverage, i.e. medical, surgical and colic insurance, that these options can never be purchased alone but are only available as endorsements to the full mortality policy. Here again, your Blue Bridle agent can help you choose from the options available from the companies they represent. Our agents are always available to answer any questions you may have about horse insurance or related equine insurance protection.