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Common Myths Regarding Equine Insurance - Part 3 of 3

The first two articles in this series explored myths 1-10 surrounding equine-related insurance (Myths 1-5 and Myths 6-10).  Remember, it is important to read your insurance polices thoroughly and not rely on common myths.  Let's take a look at myths 11-15 in the final part of this series.

11) “I Can Buy Mortality Insurance in An Amount That Exceeds My Horse’s Real Value.”

Mortality insurance policies insure the horse’s market value, not a future value.

12) “My Horse is Sore, But I Can Still Recover 100% of His Value Under a Loss of Use Policy.”

Loss of use policies are really not designed to pay 100% of the value of a horse simply because the horse is rendered temporarily disabled.  Unlike mortality insurance, which pays a sum if your horse dies or is stolen, loss of use insurance applies if your horse is alive but suffers from a physical condition that renders it permanently unable to perform the specific function for which it was insured (such as showing or racing).  Consequently, before they will issue payment under a loss of use policy, insurance companies require proof that the horse is “totally and permanently” unable to fulfill its intended use.  Under this standard, a temporary soreness condition will not make your horse a candidate for payment.

13) “My Major Medical and Surgical Insurance Will Pay All Expenses Involved in Keeping My Horse.”

Major medical and surgical insurance is optional extra insurance coverage that many companies offer along with an equine mortality insurance policy.  This coverage applies to expenses reasonably associated with serious, costly care of a horse, such as colic surgery, but not unrelated costs, such as Coggin’s Tests and routine inoculations.

14) “Our Event Liability Insurance Policy Insures Us Against Claims That May Be Brought By Spectators and Participants at the Show.”

Event liability insurance for shows, clinics, or expositions, usually only applies to claims for injury, death, or damage brought to spectators.  Unless the policy specifically provides, this type of insurance may not cover claims brought by event participants, such as competitors.

15) “Cheaper Insurance is Better.”

The cheaper premium might reflect less coverage.  Make sure that the policies you compare have identical coverage and that the insurance companies are financially sound and reputable.


Don’t fall prey to myths.  Make sure you are protected.

Categories: Insurance, Liability

Photo of Julie I. Fershtman

is considered to be one of the nation's leading attorneys in the field of equine law. A frequent author and speaker on legal issues, she has written over 400 published articles, three books, and has lectured at seminars, conventions, and conferences in 29 states on issues involving law, liability, risk management, and insurance. For more information, please also visit and, and

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Our Equine law blog (and its author) in the news!

Julie Fershtman, author of our popular and prolific Equine Law Blog, was interviewed by the State Bar of Michigan. The interview, which called Fershtman "Lawyer-Blogger," discussed our Equine Law Blog. We truly believe that this blog is the nation's most active blog serving the equine industry on equine law topics, and we thank you for visiting it. Read more here.

Julie Fershtman’s Recent and Upcoming Equine Law Speaking Engagements Include:

National Conference on Equine Law in Louisville, Kentucky on April 29, 2020. Topic will be on Waivers/Releases of Liability Involving Minor Participants. 

U.S. Hunter Jumper Association (USHJA) Annual Convention in Denver, Colorado on December 10, 2019. Topic will be on Equine Liability. 

IRMI Emmett J. Vaughan Agribusiness Conference (“AgriCon”) in Sacramento, CA (April 2019), and Richmond, VA (June 2019) and in Des Moines, IA (September 2019), on topics of “Equine Activity Liability Acts” and “Equine Mortality Insurance Disputes.”

National Conference on Equine Law in May 2019 in Lexington, KY, on the topic of “Equine Activity Liability Act Updates” and liabilities involving hosting of equine clinics. 

Agricultural Claims Conference in Kansas City, MO, in March 2019 on topics of “Loose Livestock Liabilities.”

2018 American Bar Association Annual Meeting in Chicago, IL, on “Equine Mortality Coverage and Disputes.”

November 2018, American Horse Council webinar on “Equine Liability.”

Honors & Recognitions

Equine lawyer, Julie Fershtman, has received these prestigious equine industry awards from respected equine organizations:

"Excellence in the Advancement of Animal Law Award" - American Bar Association Tort Trial & Insurance Law Section Animal Law Committee

"Distinguished Service Award" - American Youth Horse Council

"Industry Service Award" - Michigan Equine Partnership

"Catalyst Award"- Michigan Horse Council

"Outstanding Achievement Award" - American Riding Instructors Association 

"Partner in Safety Award" - American Riding Instructors Association 

"Associate Service Award" - United Professional Horseman's Association

"National Partnership in Safety" Award" - Certified Horsemanship Association 

What our Equine Law Services can Provide

Handling breach of contract, fraud/ misrepresentation, commercial code, and other claims involving equine-related transactions including purchases/sales, leases, mare leases/foal transfers, and partnerships.

Litigating disputes in court or through alternative dispute resolution (arbitration, mediation, facilitation).

Defending equine/farm/equestrian industry professionals,  businesses, and associations in personal injury claims and lawsuits.

Drafting and negotiating contracts for boarding, training, sales, waivers/releases, leases, and numerous other equine-related transactions.

Representing and advising insurers on  coverage and policy language as well as litigation;

Advising equine industry clubs and associations regarding management, rules, bylaws, disputes, and regulations.

Representing some of the equine industry's top trainers, competitors, stables, and associations.

Counseling industry professionals, stable managers, and individual horse owners. 


Did you know Julie Fershtman has spoken at the American Horse Council Annual Meeting, Equine Affaire, Midwest Horse Fair, Equitana USA, US Dressage Federation Annual Meeting, North American Riding for the Handicapped (now PATH International) Annual Meeting, American Morgan Horse Association Annual Meeting, American Paint Horse Association Annual Meeting, US Pony Clubs, Inc.'s Annual Meeting, All-American Quarter Horse Congress, American Youth Horse Council Annual Meeting, American Riding Instructors Association Annual Meeting, CHA Annual Meeting, and numerous others? Consider signing her up for your convention. Contact Julie.

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