Insurance costs look set to increase — and not just because of the effects of the coronavirus. H&H finds out more about what to expect and what you can do
THE equestrian industry should prepare for increasing insurance premiums owing to the first “hard market” for years, caused by a “perfect storm” of factors.
Even before the coronavirus hit, the insurance market was being affected by a number of factors, but the pandemic has exacerbated the situation, resulting in the first hard market for years. This means premiums rise at a rate higher than would otherwise be expected.
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