This can make it difficult for many to get involved. In addition to needing capital to get started, some worry about the liability of working with horses. Because they are so valuable, and because horses can suffer injuries or sickness, some fear they'll be sued if they make a mistake. The good news is that solid insurance is there to make it easier for people to get involved.
|Photo credit: Beth Thomas.|
There are many different kinds of insurance policies depending on the needs of the individual trainer. Some trainers need insurance policies for big dollar amounts to protect themselves from major liability. Others are just trying to break into the business and can go with a smaller insurance policy to cover small mishaps. The wide range of possible insurance options makes it easier than ever for people to get their start in the business.
Horse insurance is a must for people who want to work with the best horses in the world. Many owners will not allow a trainer to touch their horse unless that trainer is backed by insurance. It is a means of showing that a person is serious about getting involved in the horse industry. Those who want to have success should shop around for the policy that makes the most sense.