FROM OUR CORPORATE PARTNERS MARKEL “The financial investment in your horse is too important to go unprotected.” arkel has over 50 years of expertise in in-suring horses and horse related businesses. We are a licensed and admitted carrier approved to do business in all 50 states insuring the broad-est range of equestrian risks. As a member of the National Reining Horse Association, you’re among friends who want only the best for you and your horse. Since 1993, Markel has partnered with NRHA to provide you the most comprehen-sive and affordable horse insurance products in the market as we know owning a horse is both an emotional and a financial commitment. Horse owners place themselves and their assets at risk every time their horse comes in contact with people or property. Equine-related lawsuits occur more frequently than one may expect, and many homeowners’ policies limit equine liability coverage, or may exclude it altogether. So many times horse owners are not ade-quately protected from these types of situations, and may not even be aware of their risk until an accident happens. We have developed the fol-lowing list of questions to help you determine your basic equine insurance protection needs. Have you invested time or money in your horse? The financial investment in your horse is too im-portant to go unprotected. All Risk Mortality & Theft coverage will reimburse you for the death, theft or humane destruction of a covered horse. It’s important to read your mortality policy very carefully. Many different horses are insured every day, and the insured values can range from $1,000 to $1,000,000. Before you insure your horse, determine whether he or she is in-sured for agreed value versus fair market value or actual cash value coverage. Agreed value means that the insurer will pay the value of the horse that is stated on the policy, provided the information is accurate. Fair market or actual cash value means that the insurer will pay the value of the horse at the time of its death, or the value at the time when the disease or illness re-M sulting in its death is manifested. If the horse’s value has decreased due to an illness or injury or if its value was overstated when it was origi-nally insured, the insurer will pay the horse’s cur-rent value, which is often much less than the amount stated on the policy. Various optional coverages can be added to your Mortality policy such as medical/surgical and personal liability. Medical/Surgical is a com-mon add on and some insurance companies re-quire additional information from you or your veterinarian before deciding if a pre-existing condition will be excluded from coverage. Many companies have seriously limited the amount they will reimburse for medical/surgical treat-ment or care, as this coverage can be extremely expensive for companies to offer. Carefully re-view your medical/surgical endorsement to de-termine exactly what is required should an accident and/or illness occur and to be aware of what the company covers. Could your horse kick someone or cause property damage to others? If you own horses but don’t operate a commer-cial horse business, Markel’s Private Horse Owner Liability policy can protect you if someone claims your horse caused bodily injury or damaged their property – even if your horse is kept at an independently owned stable. Any private horse owner whose horse comes in contact with peo-ple needs this protection. It can also be added as an optional coverage to Markel’s All Risk Mor-tality & Theft policy. Do you own a horse farm, and need to protect buildings and a home as well as cover your equine liability? Markel’s Horse Farm/Ranch Package policy provides complete coverage for a horse farm including: • Property insurance to cover your home, house-hold contents, barns, sheds, owned machinery, equipment, tack, and livestock.