Compare the best horse insurance companies
We’ve compared the best equine insurance companies in the UK to help you make a decision about getting cover.
|Horse insurance company|
|Animal Friends||No discounts at time of writing|
|E&L||30% introductory discount and 5% multi-pet discount|
|Petplan Equine||One month free if bought online|
|KBIS - Competition Cover||10% off throughout March and April 2018|
|Stoneways Insurance||No discount|
|Horse-insurance.co.uk||40% introductory discount + 5% multi-horse discount|
NFU Mutual is another popular horse insurance company, however, you can only get a quote by calling or going into one of its offices.
The British Horse Society (BHS) offers members a discount through broker SEIB.
Some of these companies offer separate policies for veteran horses and ponies. For example, E&L has a separate policy for horses and ponies over the age of 15, which can include up to £6,000 of vet fee cover.
Leisure Guard’s horse insurance policy is offered by E&L and offers very similar cover so we have not included in the table. Its total introductory and multi-pet discount is 25%.
Horse-insurance.co.uk’s policies are also provided by E&L.
Unlike our other guides to insurance, such as our list of the best pet insurance for dogs and cats, we could not find any horse insurance ratings from financial review firms so we’ve created the comparison table based on key policy features.
The table covers policies for horse owners; horse rider insurance is a separate policy. Find out more about it and other cover, such as horse trailer insurance, below.
- The best horse insurance
- What does horse rider insurance cover?
- What does horse owner insurance cover?
- Horse trailer, box and lorry insurance
- How to get cheaper horse insurance quotes
- How much does horse insurance cost?
- Horse insurance reviews
Horse rider insurance
Horse rider insurance is designed for people who enjoy riding but do not own a horse or pony.
The main things it aims to cover are liability (which can cover a claim if the horse being ridden injures someone or damages property), personal injuries to the rider, accessories such as saddles and tack, and a limited amount of vet fees.
Policies can include a few other benefits, for example, they can cover costs of private education if a child misses school because of an injury.
Most policies cover children from the age of five and adults up to 65 or 75 years old, depending on the insurer.
If you are an older rider it is worth checking the upper age limit because not all companies cover people up to 75 years old. Animal Friends says it covers people from five-years-old upwards, Petplan Equine covers ages up to 75 and E&L is up to 65.
Most companies offer policies tailored to different age groups.
Horse rider insurance is not a legal requirement but some competitions do ask riders to take out liability insurance. Some competitions and events offer liability insurance as part of the entry price but their cover levels may be lower than those of a full horse rider policy.
It’s worth considering horse rider insurance if you ride regularly and are concerned about seriously injuring yourself or losing control of a horse that then causes an accident.
Horse owner insurance
Insurance for horse owners can also include liability and personal injury cover, however, it is usually focused on vet bills because they can be expensive and they’re the responsibility of the owner.
Animal Friends also offers cover for donkeys.
Per condition horse insurance means you have a set amount of money to treat a condition and when you reach the limit of the cover you will not receive any more money from the insurer for that issue. If the condition reoccurs you will not receive a payout for it if you have already reached your policy limit.
If your horse suffers from a separate illness or injury you will be able to use another pot of money from your insurer to treat that condition.
Another key feature of insurance for horse owners is ‘loss of use’. It can pay out if your horse sustains an injury or becomes ill and cannot take part in the activities it was insured for, for example, hacking, competitions or breeding.
Some policies may only pay out the full amount if you decide to put the horse down. If you retire the horse an insurer should pay out a percentage of your loss of use limit.
Another part of horse insurance can pay out if your horse dies. The owner can set the value of this cover - it does not have to be the same as the amount you paid for the animal – and it will affect the cost of your insurance premium.
Most horse insurance companies allow you to pick and choose cover options. This can make it easy to tailor policies to your requirements and keep costs down by excluding some forms of cover. However, it’s important to include features that are key to your needs and not to strip back the policy so much that it doesn’t offer a reasonable level of cover.
Think about all the activities the horse will be used for before you take out a policy. Most insurers will ask you to select a group of activities. Include any activities your horse or pony may take part in at any point in the policy year. If you buy insurance and then take part in events your insurer was not expecting you are likely to invalidate your cover.
Horse insurance can include several other features, such as replacement cover, which offers a replacement horse if yours is injured or ill.
Companies like KBIS offer related lines of cover such as bloodstock, farrier and event insurance.
Horse trailer, box and lorry insurance
Some horse insurance specialists also cover horseboxes but this is usually offered as a separate policy and some specialist motor insurance companies also provide it.
NFU Mutual, KBIS and SEIB have horsebox insurance and breakdown policies. As do motor insurance firms like Adrian Flux. Breakdown and European cover may be optional extras so you’ll have to actively select them if you think they will be useful.
Horsebox insurance comes with its own exclusions and terms and conditions that are worth reading before you take out a policy. For example, there may be weight restrictions on what it can carry and you may need to keep a wheel clamp on the trailer when it is parked.
Check out our guide to the best car breakdown companies.
How to get cheaper horse insurance quotes
If it’s the first time you’re buying horse insurance most companies will offer an introductory discount along with online and multi-horse reductions if you’re getting cover for more than one animal.
These can be significant - some insurers offer up to 40% off in total. However, be aware that discounts may only apply to your first year of cover so when it comes to renewal your premium may jump to the standard price.
You can also play around with cover options and levels to lower costs. As your horse gets older you may want to reduce cover for death. But do not cut cover that is particularly valuable to your needs; with insurance, you get what you pay for so cheap policies may not offer quality cover.
When it comes to renewal, do not be afraid to ask your insurer for a better price if you feel it has increased unfairly. You can shop around but be aware that conditions you have claimed for on an existing insurer may not be covered by a new provider.
How much does horse insurance cost?
The cost of horse insurance depends on individual factors such as the age of your horse, where it is kept and what it is used for. The price will also be affected by your age and experience.
Horse rider insurance can be inexpensive, for example, under £10 a month.
Horse owner insurance will vary depending on the options you choose. It could be around £50 a month or even higher if you want comprehensive cover for an older horse. If you just want liability and vet fee cover it may cheaper than that.
Horse insurance reviews
We’ve reviewed E&L here and we’ll be adding more providers soon.