As the owner of a business, there needs to be a reason for every expense that you incur and buying pet sitting business insurance is no different. There are many ways that insurance can benefit you, but let's take a look at these top five.
1. Fulfills Regulations & Requirements
One of the first benefits of pet sitting business insurance is that it fulfills government regulations and other requirements that allow your pet sitting business to operate. Many landlords, clients, employers, and government entities require pet sitting professionals to have a current insurance policy.
A Pet Care Insurance policy may meet the requirements of most entities that require you to carry insurance. Pet Care Insurance policies include:†
- $1,000,000 General Liability per Occurrence Coverage
- $10,000 Animal Bailee Aggregate Coverage
- Coverage for lost keys
2. Enhances Your Credibility and Lands You Clients
Pet sitting business insurance sounds really boring, but it could be the factor that wins you clients. If you were choosing between two pet sitters, one with insurance and the other without, who are you more likely to choose?
An insurance policy proves to your clients that you can be trusted, you're honest, and that you are a professional. Pet Care Insurance understands how important this added credibility is to pet sitters so when you buy a policy, we include a badge—located in your dashboard—to place on your website for clients to see.†
3. Protection From Claims
This is probably the most obvious way that pet sitting business insurance protects you, but it's still worth talking about. The cost you may be required to pay for a claim can be thousands of dollars. Without insurance, you could be on the hook for paying damages and legal fees.
Starting at only $139/yr, pet sitting insurance is much more affordable than paying for a claim out of pocket. It's just a smart business decision.†
4. Protection for Pets
While we can't prevent all injuries and accidents from happening, a pet sitting business insurance policy from PCI may help with veterinary costs for pets in your care, custody, or control.
Pets can be unpredictable. For example, what would happen if you were walking a dog that was in your care, custody, or control and it were hit by a car? You would likely be found liable for the veterinary bills for that dog. With pet sitting insurance, you would likely have coverage to help get the dog treatment.†
5. Coverage for Defense Costs
Another way that pet sitting business insurance can protect you is the cost of hiring a lawyer to defend a claim. Even if you go to court and you don't end up being responsible for the claim, you will likely still have legal fees you will need to pay.
Attorney fees can quickly begin to cost you tens of thousands of dollars. However, having a current pet sitting insurance policy can protect you and your business from financial ruin.†
†All insurance policies have conditions, limitations and exclusions. Please refer to the policy for exact coverages.