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If you board, breed, race, train, give
riding instruction or conduct any kind of business related
equine activity you need a Commercial Equine Liability policy. Commercial liability
insurance pays the damages for liability imposed upon you or
your business by the law. It also pays the cost of defending you
when a claim is made against your policy.
Equine Liability
Laws may help you provide a defense in the event of an equine
incident but they will not prevent you from being sued.
Homeowners and Farmowners policies exclude commercial equine
activities. Without adequate liability
coverage you will have to pay damages and defense costs
yourself. If these damages and costs are high enough you
may suffer financial hardship or bankruptcy.
Liability
policies are designed to help protect you if you are sued by a
third party who is injured or whose property is damaged. A
third party is generally someone who is not a family member or
employee. The policy covers defense costs and pays claims
for which you are legally liable up to the policy limits.
If you have employees you
should carry workman's compensation insurance as they are not
covered under the general liability policy. You should
also make sure that any independent contractors or vendors that
work with you show proof of their own liability insurance and
ask that you be named as an Additional Insured on their policy.
This is especially true if they are an
independent instructor or trainer working at your facility.
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Defense
costs for lawsuits are also provided in this coverage,
whether substantial or groundless. Policy payments
extend to the cost of bail bonds, interest on judgments
against you and expenses you incur at our request to
assist in your defense. |
Care, Custody & Control Exclusion
All Commercial
General Liability policies contain an exclusion for property
damage to property in the insured's care custody and control.
The policy states " This insurance does not apply to: (h)
property damage to (3) property in the care, custody or control
of the insured or property as to which the insured is for any
purpose exercising physical control".
This exclusion
was designed to exclude coverage for damage to property that
should be covered under insurance specifically designed for
property, such as bailee insurance, fire insurance and so on.
Further, the exclusion takes out of coverage risks that the
drafters believed were the business risks that should be borne
by the business persons themselves. This exclusion applies
to a boarder's horse and any tack or equipment they may leave at
your premises.
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Our commercial liability policy is designed to insure any
type of horse-related business including:
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Arenas & Stadiums |
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Auctions & Sales |
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Boarding, Breeding
& Training Stables |
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Carriage & Wagon
Rides |
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Guided Trail Rides |
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Horse Shows & Clinics |
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Outfitters & Guides |
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Polo Grounds |
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Pony Rides |
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Racing Stables |
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Riding Instruction |
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Therapeutic Riding |
Coverage is
written on an occurrence basis (not claims made) through a
domestic, A rated insurance company and tailored to fit your
specific stable operations and budget.
Homeowner and standard farmowner insurance policies completely
exclude your equine business pursuits. Please visit our
Reference Library for
specific examples of litigation and court precedents that could
apply to you.
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Occurrence |
$100,000 - $1,000,000 |
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General Aggregate |
$200,000 - $2,000,000 |
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Aggregate Products/Operations |
$200,000 - $2,000,000 |
Personal Injury /
Advertising Injury |
$100,000 -
$1,000,000 |
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Medical |
$5,000 |
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Fire Legal Liability |
$50,000 |
HIGHLIGHTS:
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A+ rated insurance company
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Occurrence Basis |
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Up to $10 million liability limits
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Commercial liability applies in the U.S., U.S.
territories and Canada.
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Products/Completed Operations coverage can be included.
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Personal Injury & Advertising Liability can be included. |
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$50,000 Fire legal liability. |
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$5,000
medical payments included. |
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Employees are named as Additional Insured. |
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Defense cost paid in
excess of policy limit |
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Extended coverage for Additional Insured. |
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Independent contractors can be added to policy. |
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Care, Custody & Control liability option |
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Special Events coverage available |
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Convenient payment options |
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