The Insurance Company with Horse Sense

Mary Phelps
A Markel Equine Insurance Specialist

Markel Monday - Care, Custody & Control: Often You See the Term, But Do You Know What it Means?

By: 
Tracey Scharf

 

Care, Custody & Control means you are protected against Legal Liability resulting from injury or death of non-owned horses in your care, custody & control and the cost to defend any suit alleging injury to or death of non-owned horses in your care, custody & control. Care, Custody & Control (CCC) insurance is an essential part of a policy, meant to cover people who board, train, breed or show non-owned horses. This coverage is especially recommended for trainers because of the many ways a horse could be injured while in a training program.

Many equine professionals assume, that because they have an equine liability policy, that they are covered for CCC. Unless the policy states the CCC coverage then you most likely do not have it. To obtain CCC coverage the insurance company must ask additional questions that pertain to how many horses you have in your CCC, and what are the values of these horses.  Your Ins. agent will work with you to determine the coverage needed, based on this information.

Insurance is one of the most overlooked but vital parts of any good financial plan. Please call us, and we can go over this very important coverage in more depth.


 

DressageDaily's Mary Phelps (mary@horsesdaily.com) is a Markel Equine Insurance Specialist and CSR Tracey Scharf (tracey@horsesdaily.com) provide the personal attention needed to help make the lives of their clients smooth and easy when it comes to the process of insuring your Farm, business and equine mortality needs. While Mary travels to the shows and barns, you can count on Tracey in the office to be available to answer questions and manage the details with ease. 1-800-572-3286.