Also, what are your opinions on having a pony insured? If your horse is insured and it gets hurt/dies, how does it work?
I have seen a few horses die, get put down, or get pretty seriously insured in the last few years. There are two that really stick out. One was an older show horse (pretty sure he was a TB) named Hot Shot who was struck by lightning one night during a storm. :( He was an eventer/jumper who was a NICE horse. Another was a yearling filly (welsh cross) who was attacked by a pit bull. Both were worth a good bit of money.
I know everyone is going to have their own opinion, and I want to hear them all!! I know these were both "freak" accidents, but you never know!