Suppose...

Yes they would not be charged for those 4 months but that will go towards the cost of the horse if it was not insured. If you lease a horse and something happens to it you are responsible to pay for that horse. Unless there is something in the agreement that changes that.

^ If you're leasing to own maybe...? What if you are just leasing to ride/show it? When I leased a horse this past year my eventual goal wasn't to buy him so in our contract we just said I would get any money I had paid ahead (which i only did month to month) back if he was out of use for months or what have you, UNLESS he was injured/died while i was with him and/or it was due to a direct result of something I did.

I will say though, the people who I leased from weren't horse folks, they were total newbies who leased him to me because they had their hands full with an intermediate horse... so maybe they didn't do the "usual" thing, but I would set up my lease that way if I were to lease my horse out. It's fair.

If you are leasing a horse to show there is a reason. Normally it is b/c it is well trained and would cost more then what you could afford to buy. So if something happens to the horse while you are leasing it the cost of replacing that horse would fall to you. This is what insurance is for if you can not afford to cover the value of the horse. If you had bought the horse out right you would still be out the money. Just like you would be responsible for farrier feed care vet and so on while you are leasing the horse.

Now there are some that will not set a lease up like this but this is the norm for show horses. If you lease it you are responsible if something happens to that horse. Basically you brake it you buy it type of thing.

makes sense I guess... I have never leased a show horse, only a trail horse. Depends on the lease and quality of horse then, I see.