Got a great idea from the Queen Hen, Hey I give credit when it is due. And it is a kind of combo Idea.

No I thing everyone has had a horse that has nipped or cut his noise on a grain bucket that the plastic cover that comes off over the metal handle in time, that loops back through the bucket.

Well you can either buy the 19.00 dollar package of velcro neopreme bandages that are made to cover them (great idea but I am cheap) or go down to your local hardware store and get a product called

Plastic dip - Take a small trashed paint brush and you dip it in this stuff brush it on and it dries almost instantly when it hits the air. You can layer it on and it works well for a long time.

It comes it pretty colors so don't worry about clashing with your horses blanket.