Horse Owner’s Liability Insurance

A horse possesses immense strength, and it can easily find itself in a situation where it causes harm to a third party. Since the Civil Code stipulates the full liability of the horse owner in such cases, substantial amounts can quickly accrue, which the owner may not readily afford. To prevent a financial crisis, the legislature mandates a horse owner’s liability insurance for every horse owner, which covers the financial obligations in case of damages.

A horse owner’s liability insurance typically covers only the essential inclusions necessary to protect you and potentially involved third parties against financial damages in case of an accident. However, there can be variations in the inclusions offered by horse owner’s liability insurance policies. For instance, it’s possible to include coverage for unintentional mating acts of the horse. You can also opt for coverage that extends to your horse’s stays abroad. Just like with other types of insurance, there are various options available to tailor the coverage to your specific needs in horse owner’s liability insurance.