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View Full Version : Private barn owners - how is your barn insured?



Tiramit
Mar. 20, 2012, 05:34 PM
It's that time of year again when I have to look at my insurance policies and decide whether to renew as-is or make some changes. :D

My question to you all is how do you have your private barn insured? Assume that it's on the same property as your residence and does not take in boarders / other riders. Have you supplemented your home owner's with an outside equine insurance company or ....? What kind of liability do you have? Anything else?

Thanks!

jbonifas
Mar. 20, 2012, 06:22 PM
I have a separate farm policy that covers the barn, equipment, fencing for replacement and of course liability for accidents and horses causing accidents.

jai65
Mar. 20, 2012, 08:09 PM
We are in South/Central Va and have farm owner ins through Virginia Farm Bureau Insurance. The house, barns, equipment, ect are all covered.

Trevelyan96
Mar. 20, 2012, 08:19 PM
We have USAA homeowners with a special rider that covers full replacement for the structure and contents as well as liability.

ponygirl
Mar. 20, 2012, 08:40 PM
We have USAA homeowners with a special rider that covers full replacement for the structure and contents as well as liability.

Same here.

JB
Mar. 20, 2012, 08:41 PM
All the structures on our property are covered under our HO insurance policy.

mpsbarnmanager
Mar. 20, 2012, 09:45 PM
We are in South/Central Va and have farm owner ins through Virginia Farm Bureau Insurance. The house, barns, equipment, ect are all covered.

:yes:

Equibrit
Mar. 20, 2012, 09:55 PM
On my homeowners, with an umbrella.

Robin@DHH
Mar. 20, 2012, 11:43 PM
An issue which is easy to overlook is fire call coverage. If
you live in an area where the fire department charges for
coming when you have a fire, the expense can be a very
substantial amount.

Someone set a fire in our woods year before last in the
autumn. Our neighbor alerted us and we called the local
volunteer fire department who came promptly and got
the fire under control efficiently. BUT, they still had to
work for several hours to control the blaze and completely
extinguish it. Our local fire department bills for their
service and the cost was over $2000 for a fairly modest
fire! Fortunately for us, our insurance agent had put our
policy into a higher than minimum level for fire call and
we were reimbursed for the total cost by our insurance
company.

If you do have fire call charges possible where you live,
you may want to check what level is covered and ask
the local fire department what the typical charge is for
an incident. You may want more coverage than you
currently have.

UrbanHennery
Mar. 21, 2012, 02:03 AM
Ours is on our homeowners insurance, with liability coverage. It's well covered since it's pretty simple.

msj
Mar. 21, 2012, 09:52 AM
On my homeowners, with an umbrella.

Same here. When I bought tractor and even the mowers, riding and zero turn, I contacted the company, Amica, just to make sure they were covered as well and they were.

When I had people trucking in to use the indoor or take lessons with my trainer, I did have a Commercial Liability policy as well and when I did take in 'paying' boarders, I had a Care, Custody, and Control policy as well.

Tiramit
Mar. 21, 2012, 01:52 PM
Thanks everyone. It's comforting to know that using a home owner's is a common option. I've been debating adding on a separate barn policy, just in case, but am comfortable with just a HO.

msj
Mar. 21, 2012, 04:27 PM
Thanks everyone. It's comforting to know that using a home owner's is a common option. I've been debating adding on a separate barn policy, just in case, but am comfortable with just a HO.

Tiramit, no matter what coverage others of us have, please do contact the company you have your homeowners policy with to make certain you are covered.

2DogsFarm
Mar. 21, 2012, 04:40 PM
Tiramit, no matter what coverage others of us have, please do contact the company you have your homeowners policy with to make certain you are covered.
^
THIS!
And make sure your coverage through HO is not the industry standard for outbuildings: 10% of what your home is covered for (replacement).
I had my carrier increase the coverage on the barn/arena.
Although not exactly = replacement for the present existing structures, at least I could replace the barn with something that would satisfy me.

Beam Me Up
Mar. 21, 2012, 04:44 PM
We are in South/Central Va and have farm owner ins through Virginia Farm Bureau Insurance. The house, barns, equipment, ect are all covered.

I am in NoVA and have the same. Have been really happy with it. It was competitive with the regular HO insurance companies, but much more coverage.

Tiramit
Mar. 21, 2012, 05:21 PM
Tiramit, no matter what coverage others of us have, please do contact the company you have your homeowners policy with to make certain you are covered.

But of course - I'm the type to over-insure and have policies now. It was more a curiosity question to hear about other options rather than "I'm new to this". :lol:

shjhorses
Mar. 23, 2012, 03:28 PM
You need an insurance company that understands horse property so you can insure the barn, any other buildings, hay etc. I use Equine Insurance Specialists and they cover my farm, including my truck as a business. I still carry an umbrella policy on top of the standard. Some insurance companies won't cover if you ever breed, stand a stallion (which I do) or decide to board others ( which I never will).

EIS works with a number of insurance providers so they will find the best one for your needs.

Good luck.

Sunnyhorse
Mar. 25, 2012, 12:14 AM
Our barn and hay shed are covered under our homeowners policy, and we have a separate personal liability policy to cover accidents involving the horses.