What Happens if the Horse Requires Major Veterinary Care?
The possibility always exists that an emergency will arise requiring major veterinary expense (or, in extreme cases, forcing the decision to end the horse’s life). For example, the horse might experience a severe cut during a trail ride or lameness after a strenuous workout. If this should happen, who will pay the veterinarian’s bill? In some instances, the parties can address these issues in advance. As examples: * The parties can agree that the one responsible for causing the problem, or the last one to use the horse before the problem occurs, must pay the expenses. In reality, however, the problem is figuring out who bears that responsibility, especially because two different people will be riding, handling, and using the horse. With some maladies, such as colic, there might be no way to determine who, if anyone, caused it. * The parties can agree to purchase a policy of major medical insurance on the horse. Also, the parties can buy mortality insurance on the horse, with any procee
