The global horse insurance market size reached a value of approximately USD 696.89 Million in 2025. The market is expected to grow at a CAGR of 13.30% between 2026 and 2035, reaching a value of USD 2429.20 Million by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
13.3%
Value in USD Million
2026-2035
*this image is indicative*
Horse insurance is a type of insurance policy that reimburses the horse owner in case of any unforeseen events related to the horse such as death, accident, illness, theft, and injury, among others. Depending upon the policy, the market value of the horse may be provided to the owner, for example in case of death, theft, and straying. Other additional and optional benefits depend upon the type of policy purchased.
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The EMR’s report titled “Horse Insurance Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Horse Type
Market Breakup by Application
Market Breakup by Sales Channel
Market Breakup by Region
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Mortality horse insurance accounts for a large share in the market and is showing significant growth potential. The rising popularity of horse racing competitions is increasing the risk for horses as they become more vulnerable to death, injury, and theft, propelling the requirement for insurance for protecting the investments of the horse owners. Mortality horse insurance provides coverage in case of theft, death, disease, and if the horse needs to be euthanised.
North America occupies a sizable share of the horse insurance market owing to the rapid rise in horse ownership in the region. Rising availability of qualified equestrian professionals in United States, among other North American countries, and increasing popularity of horse riding as a hobby are further boosting the growth of the regional market.
Meanwhile, in Europe, the market for horse insurance is anticipated to witness steady growth in the upcoming years. Countries such as the United Kingdom, France, and Germany have been extensively involved in equestrian sports and horse racing and growing awareness regarding the advantages of horse insurance are likely to surge the regional market.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global horse insurance market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Markel Corporation is an insurance company that was founded in 1930. The company is headquartered in Virginia, United States, and is known for providing services such as insurance, investment, and reinsurance to its customers globally.
Axa SA was established in 1946 and has its headquarters in Paris, France. This multinational insurance company provides investment management services among other financial services to investors globally.
Harry Hall International Ltd. was found in 1891 and has its headquarters located in West Yorkshire, United Kingdom. This one-stop-equestrian-shop is known globally for providing solutions to horse owners through products and insurance policies.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include The Equine and Livestock Insurance Company Limited, Animal Friends Insurance Services Limited, Quotezone Horse Insurance, Pet Plan Limited, BFL CANADA Insurance Services Inc., Nationwide Mutual Insurance Company, Pet Assure Corp., and CapriCMW Insurances Services Ltd., among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global market reached a value of approximately USD 696.89 Million in 2025.
The market is expected to grow at a CAGR of 13.30% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 2429.20 Million by 2035.
The key drivers of the market are increasing horse ownership, growing awareness regarding horse insurance, rising disposable incomes, and increasing availability of horse insurance.
The key trends of the market are rising popularity of equestrian sports, increasing costs of horse ownership, and integration of automation technologies in horse insurance sales.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant applications of horse insurance in the market are recreational and commercial.
Key players in the horse insurance market, according to the report are Markel Corporation, Axa SA, Harry Hall International Ltd., The Equine and Livestock Insurance Company Limited, Animal Friends Insurance Services Limited, Quotezone Horse Insurance, Pet Plan Limited, BFL CANADA Insurance Services Inc., Nationwide Mutual Insurance Company, Pet Assured Corp., and CapriCMW Insurances Services Ltd., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Horse Type |
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| Breakup by Application |
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| Breakup by Sales Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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