Its now official, the UK is in a recession, which means many horse owners will be tightening the purse strings to cope with the costs of owning a horse. One of the ongoing costs of horse ownership is equine insurance, so does this mean that horse owners in the UK are leaving their horses un-insured to save on costs?
According to Equine Compare research undertaken during December 2008, over 75% of the horse owners interviewed have their horse fully insured. In addition to this large percentage, a further 10% took out basic horse insurance where vets fees weren't covered but factors such as public liability was included. Only 15% of the horse owners didn't have any horse insurance, with 9% of those having money saved for emergencies instead of taking out equine insurance.
The equine insurance companies are responding to the downturn in consumer spending, with special offers and incentives to take out their horse insurance policies. Petplan are currently offering the first month free when customers buy their horse insurance on-line and E&L are offering customers a 5% discount on policies bought on-line.
Take a look at and compare the Equine Insurance companies offering, Veteran Horse Insurance, Horse Insurance, Horse Trailer Insurance and Horse Rider Insurance on EquineCompare.co.uk
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