Pricing
How Much Does Horse Insurance Cost?
Mortality coverage runs about 2.9% to 4% of your horse’s value a year. Here is what that looks like in real dollars, and what moves the number.
The short answer: equine mortality insurance usually costs between 2.9% and 4% of your horse’s insured value each year. Liability and farm policies price on their own, often as flat annual premiums.
So a horse valued at $10,000 commonly lands near $300 to $400 a year for mortality alone. Add Major Medical or Surgical and the number climbs, but so does what the policy pays when the vet bill arrives. The table below gives you a realistic starting point by value.
Mortality premium by value
What owners typically pay.
Estimated annual ranges. Your terms depend on age, use, breed, and health.
| Insured value | Mortality only / year | With Major Medical / year |
|---|---|---|
| $5,000 | $145 to $200 | $300 to $400 |
| $10,000 | $290 to $400 | $500 to $700 |
| $25,000 | $725 to $1,000 | $1,000 to $1,400 |
| $50,000 | $1,450 to $2,000 | $1,800 to $2,500 |
| $100,000 | $2,900 to $4,000 | $3,500 to $4,800 |
Figures are estimates for healthy horses in lower-risk use. Higher-risk disciplines and older horses run higher.
What moves the price
Six things that change your premium.
Insured value
The biggest driver. Mortality runs as a percentage of value, so a pricier horse costs more to insure.
Age
Young and middle-aged horses price best. Premiums climb and options narrow as a horse gets into its late teens.
How you use the horse
A pleasure horse rates lower than a racehorse or eventer. Higher-risk disciplines carry higher premiums.
Medical add-ons
Major Medical and Surgical raise the premium but cover vet bills. Most owners add at least one.
Breed and discipline
Some breeds and jobs carry more claims history, which carriers price into the rate.
Health and history
A clean vet record and no recent claims help your terms. Prior issues can raise the rate or add exclusions.
Start your quote
Tell us about your horse.
A few details is all it takes. We pull terms from up to five carriers and walk you through what fits. No cost, no obligation, no call-center runaround.
- 1 You share the basics below
- 2 We compare carriers for your horse and use
- 3 You pick the policy and we bind it
Rather talk it through? Call (800) 555-0143, option 3 for a specialist.
Straight answers
Cost questions, answered.
How much is horse insurance per month?
For a horse insured at $10,000, mortality alone often works out to roughly $25 to $35 a month. Adding Major Medical pushes that higher. Liability and farm policies bill separately.
Why does the price vary so much?
Mortality is priced as a percentage of your horse’s value, so the value itself moves the number most. Age, how you use the horse, breed, and any medical add-ons all factor in too.
Does adding medical coverage cost extra?
Yes. Major Medical and Surgical are add-ons to a mortality policy and raise the premium, but they cover vet bills that can dwarf the extra cost in a bad year.
How is my horse’s insured value decided?
Purchase price sets the value for most horses. Above a carrier threshold, a bill of sale, breeding record, or appraisal supports a higher value.
Is horse insurance worth it?
For a horse you could not easily replace, or one whose vet bills would strain your budget, the math usually favors coverage. The quote form shows real numbers so you can decide with facts, not guesses.