I purchased my horse a couple of years ago and got a great deal. Now that I have put some training into him how do I determine my horse’s value today?

Value is based on fair market value. In order to increase the value, show and training records would be submitted to the company along with the new value for the company to review. It is important to always have the Justification of Value on file with your insurance agent so there is no issue with value should you have a loss.