With so many policies and optional extras available, understanding the types of coverage that may be relevant to your equestrian business can feel complex. This short guide highlights some key considerations to help you review your options and make an informed decision. 

How to work out the ideal amount of coverage for your equestrian business 

Assess your business as a whole when considering insurance options. The following points may help you identify areas to review: 

• The size and scope of your equestrian business – Do you run a small yard with a few horses and no employees, or a larger operation with multiple employees and extensive facilities? For example, a sole trader offering occasional hacking may have very different coverage needs to a yard manager overseeing a team of instructors, a large stable block, and regular competitions on site. Larger businesses often have broader insurance needs, but requirements vary.
• Your equine business activities – Activities such as riding lessons, horse sales, livery, and breeding can carry different risk levels. For instance, a business that solely offers DIY livery may face different exposures compared to one that also provides group lessons for children or competes horses on behalf of clients. A wider range of services may increase potential exposure.
• Local regulations – Some local councils have mandatory insurance requirements for certain types of businesses, such as Public Liability coverage. For example, operating an equestrian centre near a public footpath or road may trigger specific local authority requirements. Check whether any local regulations apply to your business to remain compliant.
• Contracts with other businesses – Review your contracts. For example, educational settings and schools may require higher indemnity limits in agreements. 
• Professional advice – Speaking with an insurance broker may help you understand available options. Brokers specialising in equestrian insurance can provide insight into industry risks and policy features that could be relevant to your business. 

For more information about insurance options that may be relevant to your equestrian business, you can read our blog ‘Liability Insurance for your Equestrian Business‘, or contact our specialist equine business insurance brokers at Ravenhall Rural. Our team can provide guidance to help you understand available coverage types and considerations, so you can make an informed choice that suits your circumstances.