Why Yard Insurance is Money Well Spent
If you own or lease a yard, land, or premises and keep horses other than your own on it, having the right insurance is essential. Whether you provide livery services or not, you could be liable if a horse, client, visitor, or employee is injured.
Our Livery Yard Insurance team discuss the importance of specialist yard insurance, helping to protect you and your business from potential risks and liabilities.
Tack Trouble
It’s important to remember that the policyholder must have insurable (financial interest in the tack they’re looking to cover.
For example, if you’re a yard owner, it’s unlikely insurers would cover clients’ items as you would not personally be out of pocket if something were to happen.
It is vital for yard owners to ensure the tack room is as secure as possible. Tack and equipment insurance is likely to have security requirements as a condition of the policy, which you should confirm with your insurance provider. These could include...
- type of lock
- construction of the building that houses the tack
- value of the tack
SEIB can provide tack insurance under its range of horse insurance policies or can cover yard owners’ personal tack as part of a yard insurance policy.
Cover is Key
Yard insurance is designed to protect against various risks associated with running a yard, and SEIB’s policies can be personalised to reflect the specific range of services you offer.
Key cover includes:
- Public Liability – Protects against third-party claims of negligence from clients or visitors.
- Care, Custody, and Control – Provides protection if a horse is injured or becomes ill whilst in your care.
- Employers’ Liability – A legal requirement if you employ staff. This includes unpaid volunteers, work experience students, and even a friend helping out at the weekend.
- Property Damage – Covering your buildings, contents, and stock against damage by unforeseen events such as fire, storm and flood. Your home can be included if it's on the same site as the yard.
- Business Interruption – Offers protection against loss of income during periods when you cannot carry out business as usual, following an insured loss under Property damage.
DID YOU KNOW?
It’s important to keep up to date with documentation such as risk assessments, health and safety policies and fire safety plans. All of these should be checked regularly to ensure they’re compliant with your insurance policy and any legal requirements.
Download SEIB’s Yard Insurance checklist here.
Specialist Cover
Does your current insurance truly meet your yard’s needs? Every yard is different, and a generic policy may leave gaps in cover. SEIB’s team of horse owners and riders understands the complexities of yard management. They work closely with clients to create tailored policies for comprehensive protection.
Complete the short form below for a customised yard insurance quote.
You can also contact SEIB at 01708 850 000 or email info@seib.co.uk.
SEIB Insurance Brokers is a trading name of SEIB Insurance Brokers Limited, authorised and regulated by the Financial Conduct Authority. Registration number: 479477.