Insurance for Pet Stores

Insurance for Pet Stores image
Pet shop owners, pet sitters, groomers and dog walkers each have rewarding, yet challenging, careers. Your customers trust you to maintain the well-being of their precious pets as you provide your specialty services, like training, grooming, boarding, or veterinary care, each accompanied by their own unique set of risks. No matter what type of pet-related business you're running, pet business insurance products offered by AmTrust Financial can help to safeguard you whenever an unanticipated problem such as property damage, liability claims, or accidents may arise.

Pet Store Insurance Coverage Options

Pet owners demand the very best care for their pets, and you work hard to meet that challenge on a regular basis. Pets come in all shapes and sizes, and pet business insurance coverage options follow suit. Perhaps you own a pet shop that offers pet grooming and dog training services, or maybe your line of work involves providing mobile services where you travel to clients' homes to pet sit or dog walk. Through AmTrust, you can find bespoke insurance solutions to suit your specific business requirements.

While the type of coverage you might need will depend on the specific services you offer, you can start the process of building your customized coverage by learning about some of the most standard pet business insurance options. Many pet shop owners opt to carry the following policies:
  • Workers' Compensation
  • Businessowners Policy (BOP)
  • General Liability


Protecting Your Pet Shop Employees with Workers' Compensation Insurance

If you have employees, chances are that your state requires you to protect them with workers' compensation insurance coverage. A policy can help pay for injured employees' medical expenses and partial lost wages if an unfortunate event occurs. For example, if a worker suffers an illness because he or she is allergic to an unusual breed of dog, workers' comp can help to cover his or her hospital visit and may even prohibit the employee from suing your business for on-the-job injuries or accidents.

Most states require florists to carry workers' compensation. Workers' comp may provide coverage for an injured employee's hospitalization, vocational retraining, rehabilitation, and partial lost wages. Depending on the situation and policy terms, if an employee draws benefits, he or she may be prohibited from suing your business for damages, and having a policy will help cover the costs of any claims made.

Protection Against Third-Party Claims: General Liability Insurance

Many pet business owners opt to obtain general liability insurance because it can provide essential protection against some of the most common liability issues in the industry:
  • A pet is hurt at your workplace. If you offer veterinary care and a pet falls off one of your exam tables and breaks a leg, the policy may cover the costs of the pet's medical expenses and surgeries.
  • A pet becomes injured outside of your workplace. If you're pet sitting at one of your customer's home and a pet suffers an injury that you accidentally caused, the policy can cover a trip to the vet.
  • A customer is hurt while visiting your workplace. If a customer is visiting your shop and suffers a dog bite, the policy may cover his or her trip to the hospital.

Businessowners Policy (BOP) for Pet Shops

If you're the owner of a pet shop, a businessowners policy (BOP) can provide protection for the building you
own or lease as well as your building's content. A policy typically covers property damage stemming from fire, theft, vandalism, and possibly other events. If you experience extensive property damage and have to temporarily relocate or close your business, a BOP may help you recoup some of the income you lose as a result.

A BOP bundles different types of coverage to protect you from the following risks:

1. Your property and assets. With property insurance, the building you own along with other business assets, including inventory, furniture, displays, and equipment, can be protected against damage by fire, vandalism, theft and more.
2. Liability claims. This portion of a BOP can protect you against many third-party claims. For example, if a customer alleges that you're responsible for an injury he or she suffered while visiting your floral shop, your policy could potentially provide coverage.
3. Loss of income due to a business interruption. If a situation such as a fire causes you to have to shut down your floral shop for a period of time, a BOP could help you recoup some of the revenue you may lose as a result of the closure.

How Do I Get Pet Business Insurance?

Purchasing pet business insurance can give you peace of mind in knowing you're getting coverage against a variety of hazards and risks. AmTrust is here to help you discover tailored insurance solutions to keep your small business safeguarded whenever unfortunate situations arise. We work alongside you to find an insurance package suited to your business’s specific needs. To learn more about pet shop workers' compensation packages and other top-rated insurance products that are available through AmTrust contact us today.

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