Equine Insurance Agent

The Equine Insurance Agent sells insurance policies to horse owners who want to protect their financial investments in their horses, buildings, trailers, trucks, and other equipment. Most agents sell mortality policies that protect against the horse's complete loss by death. Other policies exist against loss of use of a valuable equine athlete through a non-fatal injury or illness; breeders insurance against the loss of an unborn foal; liability insurance. An Equine Insurance Agent must be self-motivated, and be willing to travel, since most insurance needs will be handled at the farm. The Equine Insurance Agent should have good communication skills since (s)he will be working as a go-between for horse owners and larger insurance companies.

The qualifications to be an Equine Insurance Agent include a four-year degree from a university with courses in economics, marketing, accounting, and computer sciences. A general knowledge of horses is beneficial when working as an Equine Insurance Agent. Some states require prior experience in the insurance business before they will allow a person to sell equine insurance. Each state also has varying insurance tests that must be passed in order to sell insurance. Tests include a written exam on that state's insurance laws. Each state's rules and regulations for selling insurances are different. Some Equine Insurance companies conduct classes to prepare their agents in the area of Equine Insurance.

Incomes vary widely since most insurance agents earn commissions that are based on the number of continuing clients they serve, the number of new clients they bring in, and on the insurance premiums paid by the clients. An average starting income is around $36,000.