Insurance for person part loaning my horse!

[tiana]

Hi,

I have put adverts on internet to part loan my horse 3 days a week and would like to know if anyone knows how it work insurance wise please?
My horse is insured Third party/Liability but I would like to know what would happen if he gets injured (or even have to be put down...) while the person part loaning him looks after him/ride him?
(he is only going to be hacked out)
Also what insurance does the person riding him need?
What happens if that person gets injured?

Last thing, what kind of contract do I need for a part loan?

Thanks to all,

Tiana.

[CautionToTheWind]

Hi Tiana :)

I've part-loaned two horses and as far as insurance goes the horse has to obviously be insured Third party wise I think, although some members on this forum would know more about the insurance for your horse. According to my part-loan agreement, my pony is covered for (I quote): "veterinary treatment, third party liability, travelling, saddlery etc"

As far as the rider goes, I haven't had to take out insurance during either of those loans and on speaking to my current loan's owner she seems indifferent to it and said its my choice.

I have the contract for my current part-loan sitting next to me now and here is what it covers:

- The date the part-loan commenced and when it ends (and if it is able to be extended after the end date)
- The notice needed by both the loaner and the owner to terminate the contract
- The location of where the pony is kept and whether it can be moved from this yard as well as a brief sentence of the yards rules regarding closing time.
- The situation for the pony over the winter (My loan pony is stabled over the winter) in addition to who is responsible for providing all the bedding and feed for the pony over the winter (my pony is a good doer, and lives out all summer living off the grazing only, hence why bedding etc is covered in this section)
- Any additional things which should be understood by the loaner (In this section it just covered the fact that the pony can be difficult in traffic and that it must be turned out with at least one other horse)
- Who has responsibility for required veterinary treatment in an emergency. In addition to who is responsible for routine vaccinations and the liability for payment for veterinary treatments.
- Who is responsible for ensuring the horse is insured.
- Who is responsible for organising the farrier and paying for shoeing.
- An understanding that the loaner cannot loan, lease of sell the pony to any third parties.
- Who supplies the equipment and the condition in which it should be kept.
- Care for the horse in regards to holidays
- The price the loaner is expected to pay in return for the amount of days per week. As well as if the amount of days can be increased (and subsequently if the price per week will increase)

and finally (I quote)...
"The owner agrees that if a veterinary surgeon advices immediate euthanasia of the pony to prevent further suffering in the case of severe injury, and that owner cannot be quickly contacted, the borrower may give permission to the veterinary surgeon on the owners behalf"

I hope I've helped, I also have the contract for my previous loan, and I'm happy to give you quoted copies of both if you want :)

Good luck in you loaning your horse! Let us know how it goes! :)

[tiana]

Thanks very much for your help :-)
I am meeting a 20 year old girl on Friday (1st one!) so I'll let you know how the meeting went.
I'm a bit anxious about choosing the right person but in the winter I won't have time to ride him Tuesday, Wednesday and Thursday (as it will be dark early in the evening...)so would be good for him to be riden on those day + some help to feed him etc...!

[CautionToTheWind]

ah again good luck :)
And like I said if you need a template contract I've got two :)

[FlyFar]

Sounds like you have it covered from the earlier answer! Your insurance will probably cover others to ride if they have your permission but you may need to notify your insurers that the horse is part loaned. I always get my sharer to take out their own personal accident cover as well just to be sure!

[Twizzel]

Ask the sharer to get rider insurance, my insurance covers me if I cause any injury to the horse and subsequent vets fees or if a horse died due to something I did... I am with Petplan, I think it's about £90/year for the top policy.

[clashfan83]

I joined the BHS when I had my loan horse which gives you free personal insurance, it's about £50 a year.

[Anni~Bell]

I joined the BHS too and you got the same as what Twizzel does but just for £50 a year :)

[CDR]

When I part loaned a horse I just got the insurance through the BHS like others have said as that is what the owner requested. However when I part loaned Bailey out I contacted my insurers who told me that anyone was insured to ride my horse as long as it wasn't a business arrangement (i.e. riding school). I imagine different insurance companies have different policies though.