Riding School Insurance13/10/2015
You may think that you have the correct cover for your Riding School, but did your Broker ask questions such as:
- Your full business description?
This should include all the activities that you provide at the school e.g. Riding School, Livery Yard, Buying and Selling of Horses, Training of Students, Summer Camps, Pony Parties, Shows, etc.
It is important from the outset that you have the description correct, so in the event of a claim insurers cannot say they did not know that you were doing a certain activity.
- Do you hire out your Facilities?
This would need to be included if you hire your Arena out to the General Public, from a single person to a Pony Club or Show organised by a third party. It could also be nothing to do with horses, it could be a dog agility class or the hire of a field for weddings.
- Are you an approved BHS Yard, or ABRS, or Pony Club centre?
Insurers will give you a nice discount from your insurance premium if you are a member of any of the above.
- The number of horses on the yard that are owned by the insured for their private use only
Insurers need to know the total number of horses on the yard/land at any one time. So, this should include your Riding School horses and liveries used for tuition, livery horses, horses owned by the insured, even if they are retired.
These are just a few things that you will need to make sure are correct. A good Broker will ask all these questions to ensure you are adequately covered, but if in doubt tell them everything that you do to be on the safe side.