Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1893-01-24
HORSE LIFE INSURANCE.
MANY COMPANIES ARE onoANizEo
BUT FEW SURVIVE.



Probably no kind q psoperty - thh
town q 70 EASY to invest n and = o6oy %
Lose In - hofsez mid fc9mev oGgseef i
live stock Insurance. company thn1 prpsnfxv
went to smash tHorss lffs fnsurnnoo ~ "
been disastrous 10 every csptta1fst ~ -
touched It until within : abort tina, ~,
after taking advantages Of expexiencs Rnfn-
ed In both Europe and Ameffca, hptss III
insurance f. atiii "a expefimeut II In
rope horse life insnrapce has heen txisd foF
more than 101 yesrs, with fnfx Shazo of
succeas 70 the investors n Ne snterpsfss.
In this country Il hes been cpndueted -
have failed 70 meet the end for WhfeA tney
were designed Though not ovex dcssa
PEARS hsse elapsed since the lives II hcsses
were insured on Large sca1e n New York
city there have been thirteen kntIarDn -
insurance companies. There ~ only two
horse life fnsurAnce cbmpauiAb ! b<lfovu,
having their main Offices IL town ~ live
stock insurance. company IL B1zalo hns :
branch agency in town, bat Il d. noe -
Z raft Of busines4 Il Is prohably Shy of
any hut the choicest Ffsfks, smch - family
carriage horses and wall kept bun1nsw
horses doing light draugkt ssrvfee
REASONS YoR YAT1UREx AS
THE reasons why thess hive - -
many failures d hone life fnsursDee com
panies are undoubtedly bsennee the esu-
panies tried to insure horsn too ebenply,
and also beczuse the companies olfcexy
tried to ape the human Life Insurance. Co.,
panies and impress the cDmmuufty By ~
ting up business il big Offices, with pIato
giass fronts and gilt lettering, wkiIe ~
80
fell to the lot Of the ofleerx theuseivea
There are now only two compan5es q ~
size that underwrite horses in town, cd
bitter rivalry exists between them One
company Is mp town and the other DOWN
town The uptown Office i chaxtared
under the insurance Laws of tie sease,
while the downtown company w. oEEnM-
lied under chapter 81 Of the laWy Of IN.
providing for the creation Of mutual hene-
fit associations. Both are mutual bsnent
associations.
Bitter experiences ID the way Of heavy
losses in insuring horses has led TO til
adoption Of rigorous ruling ont - inad-
missibie for Insurance. purposes : Iaxgs
class OF horses. No company viii insure
car horses, livery horses. eontrncsonS
horses, race horses or any fancy priced
| horses. Other horses barred are rrna-
ways. blind horses, cribbers. horses with
heaves or blind staggrrs or mad stag9ers,
| cab horses, omnibus horses and businens
horses. Owners are required to declare
whether their horses have had pinkeye,
collie, hearez, lung feysr, poll evil. distsm-
per, mad staggers, bad sight. SPAWN, cor
tracted hoofs or rinebone-
Each of the insurance companies has .
veterinary surgeon in its employ, who
hammers ON the horses chests. looks into
their mouths and puts the animals through
as thorough test Of their physical health
as men undergo in life Insurance. COM
I pany's medical examination The price
for an examination IS usually y
animals from one to twelve years are
| insurable for terms of three years, over
| twelve years old only from year to year.
Insurance is confined practically to mules
and carriage horses not worth over 900
ard not less than 500. No insurance cer-
tificate can De had now. believe. for more
than threefourths the value Of the animal
The downtown company. moreover. has .
big pasture containing fifteen acres OF
more Of good Land not far from Williams
bridge where horses are sent to pasture in
summer Horses only get oats a-plenty
when they are suffering from overwork or
nervous prcstration- The resort is free to
insured horses With the consent Of the
company one horse may be substituted for
another-that Is. the policy may be trans
i ferred from one horse TO another. Inspect
ors make regular rounds among the in
sured horses and report their condition at
the companyss Office That has been found
to be necessary course to pursue In order
that INSCRIPTIONS owners may be pre-
vented from poisoning horse when he
Is IN pcar health. - that he msy get
the horse insurance. Owners of horses
must notify the company il they changs
their place Of residence.
TIE GRocERs' ORGANIZATION.
is it worth while TO insure a horsef
think SO If you are lucky enough to own
an insurable horse The way the com
panies ara insuring you viii have TO pay
only per cent annually on the value of
the horse for your insurance policy. A
curious experiment in horse Insurance has
been tried for a year by the Retail Grocers'
union Of this town, an organization of
about 800 members Inside of the union a
horse insurance fund was started in Feb
ruary, 1890, snd y per cent was collected
on the amount for which each horse was
insured while losses were sustained pro
rata by the members in the scheme A
yearly examination fee Of s. was charged
81 to be retained If the horse should not be
accepted No horse was insured for ovez
80 per cent of its value.
| Most horse owners ara satisfied IL they
insure their stables for good sum, imag'
lining that most of the danger TO their stock
dying suddenly is in the direction Of fire.
Some interesting statistics have been col
lected Hear them and then decide foT
yourself whether horses should be insured
OF 7O4 insured horses that died in i've
years and were paid for By one Of the in
surance companies ls5 died of collie, u o.
inflammation OF the bowels, "a OF kidney
trouble, 81 OF pneumonia, - Of sunssroks,
50 of pinkeye, 81 OF lockiaw, 3 Of broken
legs. y OF epixootic, 10 of heart disease. 4
of blind staggers, killed by rupaways,
, were drowned, were killed by lightning
LIS died of unknown diseases, and only /
were burned Probably more than So.
; 10000 is invested in New York state In
, live stock on which no insurance Is caxriel
) for loss by disease or accident other thar
: BY fire, and the estimated loss will be s
percent, if not more than that. in ter
? years. There are twenty-three time.
greater risk of horses dying OF collie THAI
by fire, three times greater risk Of dying
from broken legs, five times greater risi
from lockjaw, nine times greater risk from
Inflammation OF the bowels. and SIX time:
greater risk from pneumonia The rish
from all causes Is eighty eight times great
er than from death by irs--New Yori
! Sun
. Paper Horseshoes-