Providing insurance for animal grooming and care establishments can be somewhat demanding. There is not insurers that are interested in extending protection for this somewhat risky class of business.
For the most part, pricing and eligibility of coverage for animal grooming and care establishments are based on the size of business activities, degree of care rendered, and type of animals serviced.
Types of Insurance Needed by Animal Grooming and Care Establishments
Animal grooming and care services are similar to other businesses with regards to their coverage needs for property, workers compensation, business auto, and umbrella coverage.
However, their needs of commercial general liability and professional liability are somewhat unique.
Animal grooming and care establishments need property coverage to protect their building (if owned), their office equipment and tools, in addition to other coverage such as crime, business interruption, outdoor signs, and more.
If the business gives care or grooming services at distant client places, special inland marine insurance is expected to protect their grooming and care tools.
Veterinarians and animal grooming and care services need a legally compulsory coverage of workers compensation.
The expected premium is dependent on the estimated yearly paid salaries of the employees. Rates are not dependent on the number of staff.
Workers compensation for animal grooming allows for medical payment benefits and disability income benefits, in addition to other benefits, for work related injuries of the employees.
Business automobile insurance is coverage for the business motor vehicles that the grooming establishment is utilizing to transact business with.
The price is based on amount and type of coverage, garaging ZIP code, as well as age and driving experiences of operators.
The umbrella coverage for animal grooming and care will boost liability limits on all underlining liability policies, including auto liability, general liability and workers compensation.
Umbrella insurance is good for well established larger size businesses to better protect their assets and business investments.
Veterinarian, animal groomer liability insurance provides coverage for the establishment for any bodily injuries and property damage that the mismanaged behaviors of the business or its staff cause to the public against certain risks.
It encompasses premises liability (slip and fall), product liability, personal and advertising injuries, and medical payment coverage.
As in other businesses, commercial general liability does not provide any professional liability coverages.
Professional liability for veterinarians is a major coverage. It covers the businesses against property damage and injuries to animals, for erroneous animal grooming or care services rendered.
As stated earlier these risks are not covered under the general liability policies.
Live Animal Floater is a coverage that is meant to covering the animals in the custody and care of the business.
Pricing and eligibility for commercial general liability and professional liability are dependent on a few factors including:
Nature of business.
Whether it is a veterinarian services, grooming service, or any other service, insurance providers offering coverage want to have full details about the exact nature of business.
Insurers want also to know if services are offered for the training of attack animals, animal obedience training, or similar training programs.
Also dealing with thoroughbreds, exotic or rare animals, or commercial ranching will make a difference in the insurance premium and eligibility.
Size of business.
Generally speaking, larger establishments are sued more often than smaller ones and, therefore, they pay more for insurance. Size of business is valued by either yearly sales or annual wages.
Any payments to subcontracted business will be thought of as wages unless the subcontractors show that they have similar insurance.
Professional and business experience of the staff expressed in terms of years of trade experience, education, professional certification, prior insurance losses, and related things.
Limits of insurance.
Higher limits means more premium money.