Choosing a career as a veterinarian is a noble path that allows you to care for and treat animals in need. However, if you plan on opening a veterinary practice, it is important that you take care of yourself by ensuring that you have the right business insurance to protect yourself no matter what happens in the years to come. If you are in the process of opening, or have already opened, a veterinary practice, here are a few of the types of business insurance policies that you should consider for your business.
Business Property Coverage
No matter what industry you are in, it is important that all business owners have business property coverage. This coverage will help to protect the structure that houses your veterinary clinic as well as everything that is inside of it. This will help to protect you in the event of a covered loss such as a break-in or a fire, helping you to get back on your feet and reopen your practice.
General Liability Coverage
As a veterinarian, it is also critical that you have general liability coverage, as this will help to protect you in the event that someone is injured in your clinic and you are found liable for their injuries. This can help to protect you if someone tries to sue you or one of your employees if they are bitten by an animal in your office or waiting room. You may also want to consider adding animal bailee coverage that will protect you in the event that a pet that is waiting to be seen in your exam room is injured.
Equipment Breakdown Coverage
Additionally, it is important that veterinary clinics invest in equipment breakdown coverage. Veterinarians rely on expensive, sophisticated equipment such as computers, x-ray machines, and other surgical and lab equipment that can be costly to repair should they fail. Equipment breakdown coverage can help cover the cost of repairing this equipment, and it may even help you to recover lost income related to equipment malfunctions.
If you would to like to discuss your options for veterinarian insurance please call us at 561-732-9305 our quoting hours are Monday through Friday from 8:30 AM to 5:30 PM. In addition, you can request a quote online. Please remember, We Handle All the Work, While You Save!
Robert Macoviak is the President of Oyer, Macoviak and Associates. Oyer, Macoviak and Associates is the oldest independent insurance agency in Boynton Beach and has been in business since 1953. Oyer, Macoviak and Associates are vested members of the community who are committed to doing business face-to-face and being your insurance advocate in times of need.