Pet Groomer Insurance Policy Information
Pet Groomer Insurance. Being a pet groomer in is a dream of many people.
If you love pets, being a pet groomer can be one of the most rewarding careers there are.
As a groomer, you shampoo, cut, comb, and blow dry the manes of your four-legged clients. You also give them pedicures, clean their ears, and maybe even de-flea your furry customers. Being a pet groomer takes a lot of patience, especially when it comes to anxious dogs and cats.
Despite your best efforts to ensure that the pooches and kitties you're working with receive the very best pampering and that their human companions are satisfied with the results, any number of things can go wrong. As the owner and proprietor of your pet grooming business, you're liable for any mishaps that occur.
But one of the things that you'll have to consider when it comes to owning your own business - even a pet grooming business - is getting the right insurance. Let's take a look at some of the pet groomer insurance that options you have.
To protect yourself, it's essential that you protect yourself with the right type of insurance. Why is insurance important for pet groomers? What type of insurance do you need? Below, you'll find the answers to these questions and more.
Pet groomer insurance protects your grooming business from lawsuits with rates as low as $27/mo. Get a fast quote and your certificate of insurance now.
Below are some answers to commonly asked accounting insurance questions:
- How Much Does Pet Groomer Insurance Cost?
- Why Do Pet Groomers Need Insurance?
- What Type Of Insurance Do Pet Groomers Need?
How Much Does Pet Groomer Insurance Cost?
The average price of a standard $1,000,000/$2,000,000 General Liability Insurance policy for small pet groomers ranges from $27 to $39 per month based on location, size, payroll, sales and experience.
Why Do Pet Groomers Need Insurance?
As a pet groomer, you are exposed to a variety of risks; many of which are common to business owners across all industries and some that are unique to your specific line of work.
A client could slip and fall on a puddle of water while dropping off a four-legged customer or sue you for making a mistake with the services you provided (perhaps you cut a show dog's hair wrong before a big competition or maybe you used the wrong shampoo on a cat and it caused an allergic reaction), or, a highly anxious dog could bite one of your employees can cause serious harm.
No matter what incidents arise, you are legally responsible, which means that you have to cover the costs of the expenses that are associated with any accidents that occur, and those expenses can be exorbitant.
That's where pet groomer insurance comes in: it prevents you from having to pay for costly errors or unplanned events out of your own pocket. If you have the right type of coverage, your insurance carrier will help to cover the costs for you. For example, if an employee suffers a work-related injury, a workers' compensation policy would cover the expenses of any medical care that he or she required, as well as replace the wages that the employee might miss if he or she is unable to work while recovering.
Or, if you a client sues you, a commercial general liability policy would cover any legal fees, as well as any damages that you may be required to pay. Similarly, a commercial property insurance policy would help to pay for any repairs that your building may need if it were damaged in a storm or by a fire, for example.
In other words, pet grooming insurance can help you avoid paying exorbitant costs out of your own pocket; costs that could potentially put you out of business. Plus, having the right type of insurance ensures that you are compliant with the law; in most states, you are legally required to carry certain types of coverage, such as workers' comp and commercial general liability, and if you don't have the necessary coverage, you could be charged stiff penalties.
What Type Of Insurance Do Pet Groomers Need?
As a groomer, there are several situations that you could be held liable for, like:
- A dog gets sick while in your care.
- A cat is injured during an appointment.
- A pet owner is injured in your business.
This type of insurance that falls under the BOP is the general liability insurance. General liability insurance is a type of insurance that protects you if something happens to someone that comes to your place of business. This is not the only kind of protection that you get, but it is the most common. For example, if someone slips on your floor and breaks their arm, you will be covered under general liability insurance most of the time.
Commercial Property Insurance
Property insurance is vital for things like fires, some natural disasters and anything else that threatens your actual premises or business property. If you are in the pet grooming business, then you're going to have to have some kind of physical place for you to do your work. But protecting that place is vital to your livelihood. That's why getting insurance against natural disasters, fires, vandalism and more is important.
Business Income Protection
Have you thought about what would happen if your grooming business stopped making money temporarily? That's exactly what business income protection insurance is supposed to address. This is a specialized type of insurance and you have to be aware of how works, but the general idea is that it will protect you in instances where business halts operations temporarily and you need time to get back on track.
What Is A Pet Grooming Insurance Business Owner's Policy?
A business owner's policy is sort of like a packaged policy that covers lots of different things. The business owner's policy, or BOP, is a type of insurance specifically intended for business owners that have an actual place of business and often includes some of the more specific standard types of insurance that you will get.
When it comes to pet grooming, boarding and training, most businesses in this industry have a business owner's policy. The reason for this is that is simply protects businesses and that is important when you're dealing with people's pets. It works in much the same way as a homeowner's policy and helps protect both tangible and intangible business assets.
Additional Options Available For Pet Groomers
There are some additional types of insurance that is available for businesses like cat or dog grooming. As a groomer, you know how much animals mean to other people, and that can mean that you get sued for errors and omissions. Luckily, this is a specific type of insurance that you can get to protect yourself.
There is also animal bailee insurance. This is a type of insurance that protects you in case an animal suffers an injury or dies under your care, custody, or control. This type of insurance may help pay for veterinary expenses as well as various other costs that can come with a mishap like this.
You may also want to think about pet groomer insurance for the equipment that you have, because if your equipment fails, you are going to essentially be out of business.
Worker's Compensation Insurance
Will it just be you that is grooming, or do you plan to hire employees as well? If you have employees, then you're going to need workers Comp, which protects employees if they get injured on the job and pays for medical expenses and lost wages.
Mobile Pet Groomer Commercial Auto Insurance
If you are a mobile pet groomer, then you might need business auto insurance as well. If you drive a vehicle for business, you are going to need commercial auto to make sure you are covered if you hurt someone or damage another vehicle or other property when on the go.
Commercial Insurance And Business Industry Classification
- SIC CODE: 0752 Animal Specialty Services, Except Veterinary
- NAICS CODE: 812910 Pet Care (except Veterinary) Services
- Suggested ISO General Liability Code(s): 16402
- Suggested Workers Compensation Code(s): 8831
Description for 0752: Animal Specialty Services, Except Veterinary
Division A: Agriculture, Forestry, And Fishing | Major Group 07: Agricultural Services | Industry Group 075: Animal Services, Except Veterinary
0752 Animal Specialty Services, Except Veterinary: Establishments primarily engaged in performing services, except veterinary, for pets, equines, and other animal specialties.
- Animal shelters
- Artificial insemination services: animal specialties
- Boarding horses
- Boarding kennels
- Breeding of animals, other than cattle hogs, sheep, goats, and poultry
- Dog grooming (Cat grooming)
- Dog pounds
- Honey straining on the farm
- Pedigree record services for pets and other animal specialties
- Showing of pets and other animal specialties
- Training horses, except racing
- Training of pets and other animal specialties
- Vaccinating pets and other animal specialties, except by veterinarians
Find Out What Your Pet Grooming Insurance Options Are
The best thing that you can do is find an agent that can help you choose the best pet groomer insurance for your grooming business. There are a lot of different insurance options out there, and you want to make sure that you are covered as much as possible. Talk to an broker and figure out what sort of coverage you want and what options you have at your disposal.
Types Of Small Business Insurance - Requirements & Regulations
Perhaps you have the next great idea for a product or service that you know will appeal to your local area. If you've got a business, you've got risks. Unexpected events and lawsuits can wipe out a business quickly, wasting all the time and money you've invested.
Operating a business is challenging enough without having to worry about suffering a significant financial loss due to unforeseen and unplanned circumstances. Small business insurance can protect your company from some of the more common losses experienced by business owners, such as property damage, business interruption, theft, liability, and employee injury.
Purchasing the appropriate commercial insurance coverage can make the difference between going out of business after a loss or recovering with minimal business interruption and financial impairment to your company's operations.
Insurance is so important to proper business function that both federal governments and state governments require companies to carry certain types. Thus, being properly insured also helps you protect your company by protecting it from government fines and penalties.
Small Business Insurance Information
In the business world, there are many risks faced by company's every day. The best way that business owners can protect themselves from these perils is by carrying the right insurance coverage.
The The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight.
Commercial insurance is particularly important for small business owners, as they stand to lose a lot more. Should a situation arise - a lawsuit, property damage, theft, etc. - small business owners could end up facing serious financial turmoil.
According to the SBA, having the right insurance plan in place can help you avoid major pitfalls. Your business insurance should offer coverage for all of your assets. It should also include liability and casual coverage.
Types Of Small Business Insurance
Choosing the right type of coverage is absolutely vital. You've got plenty of options. Some you'll need. Some you won't. You should know what's available. Once you look over your options you'll need to conduct a thorough risk assessment. As you evaluate each type of insurance, ask yourself:
- What type of business am I running?
- What are common risks associated with this industry?
- Does this type of insurance cover a situation that could feasibly arise during the normal course of doing business?
- Does my state require me to carry this type of insurance?
- Does my lender or do any of my investors require me to carry this type of policy?
A licensed insurance agent or broker in your state can help you determine what kinds of coverages are prudent for your business types. If you find one licensed to sell multiple policies from multiple companies (independent agents) that person can often help you get the best insurance rates, too. Following is some information on some of the most common small business insurance policies:
|Business Insurance Policy Type||What Is Covered?|
|General Liability Insurance||What is covered under commercial general liability insurance? It steps in to pay claims when you lose a lawsuit with an injured customer, employee, or vendor. The injury could be physical, or it could be a financial loss based on advertising practices.|
|Workers Compensation Insurance||What is covered under workers compensation insurance? This type of insurance protects a business and its owner(s) from claims by employees who suffer a work-related injury, illness or disease. Workers comp typically provides the injured employee with benefits to cover medical expenses, a portion of his/her lost wages, rehabilitation costs if applicable, and permanent partial or permanent total disability.|
|Product Liability Insurance||What is covered under product liability insurance? I pays an injured party's settlement or lawsuit claim arising from a defective product. These are usually caused by design defects, manufacturing defects, or a failure to provide adequate warning or instructions as to how to safely use the product.|
|Commercial Property Insurance||What is covered under business property insurance? General liability policies don't cover damages to your business property. That's what commercial property insurance is for. It protects all of the physical parts of your business: your building, your inventory, and your equipment, giving you the funds you need to replace them in the event of a disaster. If you work from home, you might consider a Home Based Business Insurance policy instead.|
|Business Owners Policy (BOP)||What is covered under a business owners policy (BOP)? This is a policy designed for small, low-risk businesses. It simplifies the basic insurance purchase process by combining general liability policies with business income and commercial property insurance.|
|Commercial Auto Insurance||What is covered under business auto insurance? This type of insurance covers automobiles being used for business purposes. This could include a fleet of business-only vehicles or a single company car. In some cases it might cover your car or your employee's car while they're being used for business. These policies have much higher limits, ensuring you can cover your costs if one of these vehicles gets into an accident.|
|Commercial Umbrella Policies||What is covered under commercial umbrella insurance? This type of policy is a sort of "gap" insurance. It covers your liability in the event that a court verdict or settlement exceeds your general liability policy limits.|
|Liquor Liability Insurance||What is covered under liquor liability insurance? It covers bodily injury or property damage caused by an intoxicated person who was served liquor by the policy holder.|
|Professional Liability (Errors & Omissions)||What is covered under professional liability insurance? This type of business insurance is also known as malpractice oe E&O. It covers the damages that can arise from major mistakes, especially in high-stakes professions where mistakes can be devastating.|
|Surety Bond||What is covered under surety bonds? Bonding is a contract where one party, the SURETY (who assures the obligee that the principal can perform the task), guarantees the performance of certain obligations of a second party, the PRINCIPAL (the contractor or business who will perform the contractual obligation), to a third party, the OBLIGEE (the project owner who is the recipient of an obligation).|
Who Needs General Liability Insurance? - Virtually every business. A single lawsuit or settlement could bankrupt your business five times over. You might also need this policy to win business. Many companies and government agencies won't do business with your company until you can produce proof that you've obtained one of these policies.
Business Insurance Required by Law
If you have any employees most states will require you to carry worker's compensation and unemployment insurance. Some states require you to insure yourself even if you are the only employee working in the business.
Your insurance agent can help you check applicable state laws so you can bring your business into compliance.
Other Types Of Small Business Insurance
There are dozens of other, more specialized forms of small business insurance capable of covering specific problems and risks. These forms of insurance include:
- Business Interruption Insurance
- Commercial Flood Insurance
- Contractor's Insurance
- Cyber Liability
- Data Breach
- Directors and Officers
- Employment Practices Liability
- Environmental or Pollution Liability
- Management Liability
- Sexual Misconduct Liability
Whether you need any or all of these policies will depend on the results of your risk assessment. For example, you probably don't need an environmental or pollution policy if you're running an IT company out of a leased office, but you would need data breach and cyber liability policies to fully protect your business.
Additional Resources For Additional Resources For Children & Pet / Dog Care Insurance
Discover what small business commercial insurance policies cover for children and pet related businesses.
Whenever children are involved, an extra level of care needs to be taken when selecting an business insurance policy.
Younger children require more supervision than older children. Each state establishes minimum standards and ratios for children-to-adults based on the children's ages.
Day care facilities must comply with these minimum standards and some exceed them by having additional staff to provide more personal attention and activities.
Pet related businesses have a large liability risk when working with multiple dogs. If one of the dogs bites someone, they can do a of of damage and claims are often in the thousands. Certain breeds of dogs can do major damage if they bite.
Another consideration in the pets themselves - what if they are injured while being groomed or walked? What if one dog attacks another while you are walking them?
If you do not have the right coverage you could have to pay a claim and expensive legal fees out-of-pocket.