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Boarding Costs
Monthly boarding fees vary considerably, depending on the facility, location, and services offered. Typical monthly board costs average $500 per horse, but they can range from $100 to upwards of $1,500.
Full board will include all the necessities for the horse, plus a stall with full turn out to pasture. Full board does not require owners to visit their horses every day; instead, staff at the barn clean the stall, feed the horse, and bring him in/out of the pasture.
Personal Equine Liability
Boarders may want to take out equine liability insurance in case of accidents, such as a horse getting loose and getting hit by a car, or otherwise injuring someone. The average price for $500,000 worth of coverage is $250 annually, and covers up to four horses.
While boarding horses is satisfying work, you won’t want to do it for free. Expect to charge between $200 and $800 or more per month for full-board depending on your geographic locale, facilities and the type and quality of services you offer. Make certain it’s enough!
The cheapest horse breeds tend to be Thoroughbreds, Arabians, Quarter Horses, and wild Mustangs. While all of these breeds include some high-profile bloodlines that can be worth thousands and even hundreds of thousands, it is still very possible to find a number of horses at cheap prices that you can afford.
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Paddock Boarding. Our paddock boarding consists of a smaller dirt paddock with a lean to for shelter. During good weather, most horses are turned out onto grassy pastures during the day and smaller paddock at night. Each horse is grained and given hay twice a day.
Self-care Board
This is for the hands-on horse owner. They are basically given a stall and/or pasture for their horse, but that’s it. They must provide the daily care. This will include purchasing hay, bedding, grain, and anything else desired.15 мая 2017 г.
As a stable owner, you should insist that the horse owners provide proof that their horses are insured for liability, but the horse owner’s policy will not extend to the stable owner’s liabilities. When boarding horses on your property, you should have the proper equine liability insurance for your business.
The best horse insurance
The cost of keeping a horse varies widely depending on where you live and the level of service your stable provides. Simple pasture boarding can cost as little as $100 a month. However, stable boarding can cost $500 or more.
Adding boarding services could be a great solution if you lay the groundwork carefully. But boarding horses is a business, whether you have one boarder or 10. And as with any business, there are organizational, legal, and contractual issues that you need to resolve before you throw your doors open.
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