Insurance - do I need it?
Horse and pony ownership is a costly business and carries with it a weight of responsibility whether your involvement is purely pleasure, is competitive or is commercial. You may own a livery yard, riding stables or stud.
Insurance is a service. It exists to help protect you, the owner, against the unpredictable costs that can be associated with ownership. Insurance companies are not charities, they aim to make a profit and therefore to insure your horse or pony will cost you money - it is up to you to weigh up the advantages and disadvantages of insurance and make the decision whether or not to purchase it.