Horse Owner Preferences for Equine Insurance Policies

C. Jill Stowe; Michelle L. Kibler; Michael Barrowclough

doi:10.1016/j.jevs.2022.103943

Horse Owner Preferences for Equine Insurance Policies

C. Jill Stowe
, Michelle L. Kibler
, Michael Barrowclough

Producción científica: Article › revisión exhaustiva

4 Citas (Scopus)

Resumen

Equine life and health insurance policies provide coverage for veterinary expenses or the loss of use (or life) of a horse, making horse health care accessible to more owners. Utilizing a best-worst scaling choice experiment targeted to horse owners, the rate of insurance adoption is explored, along with factors influencing insurance decisions and willingness-to-pay for policy attributes. Results indicate owners with lower-valued horses prefer insurance policies which cover medical expenses and routine care, whereas owners with higher-valued horses are willing to pay higher premiums to insure the market value of a horse but are not willing to pay extra for programs covering routine care.

Idioma original	English
Número de artículo	103943
Publicación	Journal of Equine Veterinary Science
Volumen	113
DOI	https://doi.org/10.1016/j.jevs.2022.103943
Estado	Published - jun 2022

Nota bibliográfica

Publisher Copyright:
© 2022

Financiación

This work is supported by the National Institute of Food and Agriculture, US Department of Agriculture, Hatch Project under 1014277 . (C.J.S.) This work is supported by the National Institute of Food and Agriculture, US Department of Agriculture, Hatch Project under 1014277. (C.J.S.) Ethical statement: Work described in the manuscript, Horse Owner Preferences for Equine Insurance, complied with all relevant ethical requirements. This work did not involve work with animals but instead required interaction with equine owners. As such, appropriate University of Kentucky Institutional Review Board (IRB) approval was granted prior to the dissemination of the survey instrument and data collection.

Financiadores	Número del financiador
U.S. Department of Agriculture	1014277
US Department of Agriculture National Institute of Food and Agriculture, Agriculture and Food Research Initiative
University of Kentucky

ASJC Scopus subject areas

Equine

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Horse Owner Preferences for Equine Insurance Policies

Resumen

Nota bibliográfica

Financiación

ASJC Scopus subject areas

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