Insurance cost?

Question

I am starting a horse program.. basically we have kids come out for a few hours and spend some time learning about the basics of horse care and such with a little riding at the end.

we are not sure if we will need liability insurance how much do you think getting liability insurance on something like that would cost?

we do have waivors we are having the parents will have to sign.. or would those be enough?

Answer 1

Waivers don't hold up in court.

You need to talk to a local agent to get real quotes - it's going to depend on what kind of kids, how old, what they're paying for, etc.

Obviously, they can sue for getting hurt if they even trip over a rake on your property - it doesn't HAVE to be horse related.  

If you have ANY assets - including that farm - that you want to keep, you should get liabiltiy coverage.

Answer 2

you REALLY need liability insurance ASAP before you start doing this.  Having parents sign a waiver is NOT enough!  call an independent agent NOW and get coverage in place!  you need to protect you and everything you own!!!