If you have decided to get a horse, you likely already know a bit about the costs involved. However, there are hidden costs that you may be unaware of but you must prepare for. Here are 3 expenses that you should familiarize yourself with before your new pet comes home.
Your horse will need to have a farrier visit every 4-6 weeks to re-shoe him, trim his hooves, and ensure that everything looks healthy. If you are unprepared for this type of maintenance, the costs really can sneak up on you. Keeping your horse’s feet tidy is important to his overall health, so if you are unwilling or unable to do this, then you may want to reconsider becoming a horse owner.
Horses are unfortunately susceptible to some serious medical conditions, so it is smart to have insurance to help cover your costs in case something catastrophic happens. If you intend on letting others ride your horse or giving lessons, insurance is essential in case of injury to your horse or your guests. Shop around for a horse insurance quote before you bring your pal home so you can have the policy in place and active immediately.
If you don’t have space at your home, you’ll need to board your horse. Even if you have prepared for this in advance, be sure that you understand all of the associated costs. Do you plan on visiting your horse to care for him every day, or will you expect someone where he is boarded to handle day-to-day maintenance? All of that comes at a cost, so be aware of this.
Getting your first horse is indeed exciting. Be sure that you understand all of the costs associated with your new friend and you’ll have a very happy relationship!