Q14) Should I have Commercial or Personal Liability?
Horse owners should not assume that their homeowner's policy covers the
horses they own - even if those horses are literally in the backyard. Each horse
owner should determine whether he or she is liable for a horse-related claim,
and then should add appropriate insurance (farm or livestock liability
An individual leasing a horse should also take out such a policy, because the
legal implications of a lease expose the leasing party to the same liability
that affects the actual owner of the horse.