I am considering purchasing a horse again. As a favor, a friend has agreed to let me board my horse at her farm. She has horses of her own, but does not board any other horses -- mine would be the one and only boarder.
The boarding contract that I have been asked to sign contains stipulations regarding the insurance I must pay for: 1.) a boarding amendment to their insurance; cost is roughly $550; 2.) personal horse owners liability; she estimates this would cost around $200; 3.) mortality or surgical insurance; optional.
In addition there are statements in the contract regarding possible injuries and legal fees. 1.) "Injuries and accidents can and do occur no matter how many safety precautions are taken. Boarders acknowledge and accept this risk factor." 2.) "Indemnity: Horse owner agrees to hold [friends, their farm, any farm owners], assigns, employees, and/or contractors harmless from any claim caused by said horse, and agrees to pay legal fees incurred by [friend] in defense of any claim resulting from damage by said horse."
Since I have never boarded a horse before (I was fortunate enough in the past to be able to keep my horse at home; this is no longer an option) some of this is new to me. I understand about the risks of injury, the damage or loss of items I choose to store at their farm, etc. -- I am not surprised by them and understand the possibilities. I understand the advisability of purchasing personal horse owners liability and mortality or surgical insurance. But I am not familiar with the stipulations regarding payment of the boarding amendment insurance and the payment of any legal fees. Is this normal? While the boarding amendment insurance at least has a finite amount attached to it, the payment of legal fees seems to be a pretty open ended stipulation that could cost me dearly. Has anyone had any experience with this in a boarding agreement? Are these stipulations normal? Am I being overly concerned?
I am very appreciative of my friend offering me the opportunity to board my horse on her property -- I am confident my horse would be safe and well cared for. And that means a lot to me. But I am unfamiliar with boarding and wondered if anyone could share the requirements of their boarding situation in the area of insurance, liability, and indemnity.
The boarding contract that I have been asked to sign contains stipulations regarding the insurance I must pay for: 1.) a boarding amendment to their insurance; cost is roughly $550; 2.) personal horse owners liability; she estimates this would cost around $200; 3.) mortality or surgical insurance; optional.
In addition there are statements in the contract regarding possible injuries and legal fees. 1.) "Injuries and accidents can and do occur no matter how many safety precautions are taken. Boarders acknowledge and accept this risk factor." 2.) "Indemnity: Horse owner agrees to hold [friends, their farm, any farm owners], assigns, employees, and/or contractors harmless from any claim caused by said horse, and agrees to pay legal fees incurred by [friend] in defense of any claim resulting from damage by said horse."
Since I have never boarded a horse before (I was fortunate enough in the past to be able to keep my horse at home; this is no longer an option) some of this is new to me. I understand about the risks of injury, the damage or loss of items I choose to store at their farm, etc. -- I am not surprised by them and understand the possibilities. I understand the advisability of purchasing personal horse owners liability and mortality or surgical insurance. But I am not familiar with the stipulations regarding payment of the boarding amendment insurance and the payment of any legal fees. Is this normal? While the boarding amendment insurance at least has a finite amount attached to it, the payment of legal fees seems to be a pretty open ended stipulation that could cost me dearly. Has anyone had any experience with this in a boarding agreement? Are these stipulations normal? Am I being overly concerned?
I am very appreciative of my friend offering me the opportunity to board my horse on her property -- I am confident my horse would be safe and well cared for. And that means a lot to me. But I am unfamiliar with boarding and wondered if anyone could share the requirements of their boarding situation in the area of insurance, liability, and indemnity.


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