Insurance for Horse-Drawn Carriage Rides

A horse-drawn carriage ride is a romantic, novel way to explore the sights or add an element of magic to a special event like a wedding or festival. And, as with any situation in which a business is transporting customers, there is the potential for risk and associated liability. Insurance for horse-drawn carriage rides protects companies and operators in the event of injury or another adverse situation.

The main risk of horse-drawn carriage rides is bodily injury to passengers or bystanders if there is a collision, a runaway horse, or a carriage overturning. Property damage is also a risk, in the same situations. No matter how well trained a horse is or how good the driver is, there is never a guarantee that a ride will go smoothly. Insurance for horse-drawn carriage rides protects your client’s business and livelihood in these situations.

Of course, given the risk of horse-drawn carriage rides, it is a specialty risk that can be difficult to place. If you can provide access to this insurance as a producer, you are serving the niche needs of your clients and expanding your own business. Prime Insurance Company is proud to offer our innovative, flexible underwriting to provide insurance for horse-drawn carriage rides.

Understanding, Mitigating, and Covering Horse-Drawn Carriage Ride Risk

Much of the risk of horse-drawn carriage rides comes down to the sensitive nature of horses. A loud noise or accidental instruction from a driver could result in catastrophe. InLincoln’s wife suffered permanent effects from a head injury sustained when spooked horses forced her to jump from a carriage.

And passengers are at risk of injury not only from major incidents. Simple accidents like slipping off a step or seat can have consequences for carriage operators. No matter how an injury occurs, it can lead to expensive lawsuits.

In Charleston, a couple sued Palmetto Carriage Works after they sustained injuries during a ride. They alleged the driver was operating the carriage at a high rate of speed and failed to take reasonable action to stop the carriage after losing control of the animals. Insurance would help protect a company’s assets in the event of such a lawsuit.

Our in-house teams will provide expertise in risk management and mitigation for horse-drawn carriage rides, reducing the potential for costly claims. Their recommendations may include ensuring horses are in good health, regular inspection of equipment, and drivers’ training. Even with robust, in-house risk management and advising, however, accidents and incidents still happen. Insurance coverage such as general liability, professional liability, and premises liability can cover your clients in these situations.

It is challenging for many horse-drawn carriage operators to find adequate coverage thanks to the known high risk of this type of business. Because Prime Insurance Company employs such strong in-house risk management practices, we can offer coverage where other insurance companies have declined your clients. We adapt to their specific needs and unique underwriting characteristics, even when a client has an adverse history. With plenty of experience in placing tough risks, we are confident that if there is a way to cover your clients, we will find it.

Working in Partnership with Prime Insurance Company

When you work with Prime Insurance Company to provide insurance for horse-drawn carriage rides, you are truly developing a partnership. We are committed to supporting our insurance producers to build their businesses and provide unique solutions for their clients. Your success matters to us. Our goal is not to compete or interfere with your existing markets, but to expand on your opportunities by adding to what you can offer.

We also work in partnership with policyholders, maintaining many opportunities for open lines of communication and assistance. Our direct service model ensures policyholders can reach out to our team at Prime Insurance Company by phone or online, 24 hours a day and seven days a week. We also work directly with policyholders in conducting underwriting and risk management calls, and onsite visits where possible.

If your clients need to make a claim, our in-house team of industry experts and legal professionals will get to work quickly. Our goal is to communicate with the policyholder as fast as possible. That quick communication and hard work continues through the duration of a claim, securing fair results for fair claims.

Call Prime Insurance Company at 800-257-5590 or email us at info@primeis.com for more information on insurance for horse-drawn carriage rides. Visit our online insurance application to get started securing this coverage today. To keep up with Prime online, visit us on Facebook, Twitter, YouTube, LinkedIn, and Instagram or visit our website.

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Authored by Rick J. Lindsey, CEO, President, and Chairman of Prime Insurance Company

Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. Prime Insurance also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are Prime Insurance can help.