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I have a mare or stallion. How does that affect the Loss of Use coverage?

April 26, 2017affect coverage loss mare Stallion

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I have a mare or stallion. How does that affect the Loss of Use coverage?

1 Answer

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10 Posted

For mares that are used for competition, it is important to remember that they may have a residual value as a broodmare in the event they are no longer able to compete. Stallions used for competition may have a residual value as a breeding stallion. Most likely the insurance company would deduct the horse’s residual value as a breeding horse from the claim settlement.