Mortality Insurance

How to Get an Instant Equine Mortality Insurance Quote — No Waiting Required

Question: I’m interested in equine mortality insurance, but I don’t know how much it will cost.  Is there an easy way to get a mortality quote right now without having to wait for someone to get back to me?

Answer: Absolutely. Whether you own or lease a horse, have one on trial, or are importing a horse from outside the U.S., getting a mortality insurance quote has never been simpler. And unlike many sites that collect your information only to make you wait for a response, Equine Insurance Specialists provides truly instant online mortality quotes—from multiple insurance companies.

After you enter some basic details about you and your horse, just click Next Step and you’ll immediately see quotes from up to five insurers. Here’s how the process works:

Step 1: Enter Your Information

Go to www.insureyourhorse.com/quote and fill in the following

• Your horse’s name
• Your state of residence
• Horse’s breed, age and sex
• Desired mortality insurance limit
• Primary use (select all that apply)
• Additional relevant information (select all that apply):
  • Insured value exceeds price.
  • Prior claim, injury or illness within the last 12 months
  • Purchased within the last 30 days
  • Currently insured with another company

Once everything looks accurate, click “Next Step”

Step 2: Review Your Instant Quotes

You’ll immediately receive proposals from up to five insurance companies. Use the tabs at the top of the proposal section to switch between them:

• The green tab shows the proposal currently displayed.
• Gray tabs indicate additional proposals available for comparison.

Step 3 Add Multiple Horses (If Needed)

Need quotes for more than one horse?  Just click + Add Another Horse on the proposal page.

The form will look nearly identical—minus the State of Residence field. Verify each horse’s details and click Next Step again. You can add as many horses as you like; there’s no limit.

What’s Next?

The next post in this series will walk you through adding optional coverages–such as Medical, Surgical and Loss of Use to your proposal.

How to Add Medical, Surgical & Loss of Use Coverage to Your Mortality Quote

Question:  I’ve just used your website to get a mortality quote.  How do I add coverage options like medical, surgical and loss of use? 

Answer: This post walks you through adding optional coverages to your full mortality proposals at insureyourhorse.com/quote.  f you haven’t yet generated your instant mortality quote, see Part one of this series. Part three explains how to turn your proposal into an active policy.

Coverage Options

Your initial mortality quote includes Full Mortality coverage plus any automatic enhancements offered by each insurer (such as Emergency Colic Surgery and Agreed Value). To customize your proposal further, you can add optional coverages—like Major Medical, Surgical, Stallion Infertility, and Loss of Use—directly from the proposal page.

Just click the “+ Add / Edit Optional Coverages” link beneath the quote for each horse. This takes you to a page where you’ll see all the optional coverages available for that specific horse from that specific company.
NOTE: Only the options listed on this page are available; coverages vary by insurer.

Adding or Changing Optional Coverages

1. Select the coverage you want by clicking the corresponding radio button or checkbox.
2. As soon as you make a selection, the Quote Summary box on the right will update instantly, showing the revised coverage and total premium for that horse.
3. To make changes, simply choose a different option or select None to remove the coverage.
4. When you’ve finalized your selections, click Submit at the bottom of the page to return to the mortality proposal. All your changes will appear under that horse’s coverage.

If you’re quoting multiple horses, repeat this process for each one.

Important: Coverage Varies by Company

Because each insurer offers different optional coverages and follows different underwriting guidelines:

• Optional coverages apply only to the horse and company you selected.
• If you have multiple horses, you must add desired coverages to each horse individually.
• t’s a good idea to review the options in all proposal tabs to find the best combination of coverage, terms, and price for your needs.

What’s Next?

In Part 3, we’ll walk through how to convert your customized proposal into a policy and officially insure the horses you’ve quoted.

Question:  Now that I have the quote that I want to purchase, how do I convert this into a policy?

Answer:  This article describes how to purchase the coverages you’ve quoted online at www.insureyourhorse.com/quote.  Part One of this series describes how to obtain an instant online mortality quote for your horses and Part Two describes how to add coverage enhancements like Medical, Surgical and Loss of Use to your quote.

Buying the Coverage

Once you’ve determined which insurance company and coverages you want, refer to the “Application Forms Required” section under each animal for a list of items that we’ll need from you in order to start your coverage.  The list of requirements will vary from horse to horse, and from one company to another depending upon your answers to the basic horse information questions, as well as the optional coverages chosen.

In the “Application Forms” list under the first horse, you’ll find a document titled “How to Begin Coverage”.   It contains a general overview of the information required and how to submit your request to us.  You’ll also find a mortality coverage flyer, payment instructions, a full mortality application (applicable to all horses) as well as any health documentation and value support requirements.   The full mortality application and payment instructions are applicable to all horses.  The health and value support requirements are specific to this horse.  If more than one horse has been quoted, there will be a list of application forms required for that horse.

Clicking on the  icon or form name will open that document in a new window.   Download the form to your computer and complete / sign / save it using Adobe Acrobat Reader.  Email the completed / signed forms to mo*******@*************se.com.    If you prefer to complete and sign each document from within your web browser, you’ll need to print the completed documents and fax them to us at (866) 207-6953.  Web browsers do not easily allow you to save completed PDF forms to your desktop.  Downloading a completed form will cause the data you’ve entered to be erased.

The last step in the process to begin coverage is to pay your premium.  Three of our partners bill the customer directly.  This means that you will receive a bill for your premium amount after the policy has been issued.  These insurance companies also give you the ability to pay your premium in installments instead of all at once.  The number of installment options offered generally depends upon your policy’s premium amount.

• Great American has the most flexible billing options, offering Annual, Semiannual, Quarterly and Monthly options for all premium levels.
• Berkley Equine & Cattle (StarNet Insurance Company) offers one, two and three payment options at any premium level. They have a four installment option for policies with a premium of at least $1,000, and five and six installment options when your premium exceeds $2,500.
• American Reliable offers one and two installment options for premiums of $500 or more and a four installment option for premiums of $1,000 or more.

Our other two programs (American Equine and The Hartford) require premiums to be paid to Equine Insurance Specialists.  No installment options are available for these programs.  Payments are paid online at the same time the application is submitted to us for binding.  We accept payment by electronic check and credit card (Mastercard, Visa, Discover and American Express) through our online payment portal at www.insureyourhorse.com/customer-payments.  When submitting your payment, include “New Policy” in the description / invoice or policy number field of the payment window.

If your request is received during business hours, you will be contacted soon after your application (and payment, if necessary) are received.  We will either confirm that coverage has been bound, or request additional documentation or answers to questions based upon your submission.  If your submission / payment are received outside of normal business hours, we’ll contact you on the next business day.  A formal binder will be sent to you within one business day of our confirmation of coverage bound, and your policy will follow within a couple of weeks.  The invoice for your premium payment, if necessary, will arrive shortly after your policy.