Veterinary hospitals need specific protections that many other businesses may not require. In addition to the risk of natural disasters, litigation, or employee injury that most businesses face, veterinarians must also be ready to handle unfortunate situations like pet death, injury, or disappearance.
The business world can be complex and running a business can bring daily challenges that may present losses that can range from shareholder litigation against the board of directors, human resource-related claims, lawsuits against a board for decisions made, or the threat of an extortion attempt against a key decision-maker.
Often businesses end up paying out of pocket because their current insurance policies are not covering these types of risks. Typically, they are not covered by the standard CGL (commercial general liability) policies.
While veterinarians need to take time to find the right insurance coverage for their businesses, it’s also essential to find the right personal coverage.
Vetinsure offers sixteen different insurance services that can serve your business. Your veterinary practice will benefit from services like policy examination or loss control to encourage your business to find stability and growth.