Horse insurance is a type of coverage designed to protect horse owners from financial losses related to their animals. This insurance can cover various aspects, including medical expenses for injuries or illnesses, liability for accidents involving the horse, and even loss of use if the horse can no longer perform its intended function. There are different types of horse insurance policies available, such as mortality insurance, which covers the horse's value in case of death, and major medical insurance, which helps with veterinary costs. Owners can choose the coverage that best fits their needs and the specific risks associated with their horses.