Having proper business insurance is essential. It can help keep your business on track. It also minimizes financial loss to you.
Protecting Your Assets
Do you have specialized equipment for caring for the pet? Do you have an inventory of products to use to care for the pet? Many sitters operate large kennel-style spaces for the animals. These structures need protection. No matter if you rent or own the building, protect these assets. Usually, property insurance is the starting point.
Focus on Liability
Commercial Auto Insurance
In such cases, commercial auto insurance is usually necessary. It provides both property and liability insurance. If you get in an accident, for example, it can help cover your vehicle damage. If you cause an accident, it can help cover those liability risks, too.
State laws may require you to maintain this coverage. If you have employees, it can be a valuable investment.
Business insurance for pet businesses should always fit the business itself. What you do, the costs associated with it, and the risks likely to occur need addressing. Your business insurance agent can work with you to create a game plan.