Joe that's interesting. I'll have to make a few calls and check into that. Pretty sure, not positive, that a home owners policy with livestock added will cover. Premiums are high, but that's the insurance biz concerning livestock.
Smrobs, yes, the fining is attractive, but like you put it will open a can of worms too. Who decides what is adequate fencing. Is a hot wire enough, or will it be 3 boards with a hot wire on top? Can get very complicated and effect people who have had no issues keeping their horses in.
This last escape involved not only the animal control officer, but as I said, the emergency personnel. While some positions are salaried, there is still the cost of emergency vehicles going out.
Be the kind of woman that when your feet hit the floor each morning the devil says, "Oh crap, she's up!".