Cattery Insurance
Why should I invest in cattery insurance?
The main reason that owners of pet care businesses, like kennels and catteries, should invest in insurance is due to the financial protection it offers. A single commercial insurance policy for your cattery can provide you with peace of mind so that you can focus on what’s important: providing boarding and care to the animals staying at your cattery.
Cattery insurance coverage options
Cattery insurance coverage options are wide-ranging, from the basics like commercial general liability insurance and commercial property insurance to the likes of professional indemnity insurance or abuse liability insurance. Read on to learn more about a few of the top coverage options available to kennels and catteries.
- Commercial general liability insurance: Commercial general liability coverage can protect your cattery against third party bodily injury and property damage claims. For example, if a customer injures themselves while picking up their cat at your cattery, they could file a lawsuit against you. But with commercial general liability insurance, your insurance company might help pay for the associated costs, such as legal fees, medical expenses, etc.
- Commercial property insurance: Your cattery needs to be protected from more than liability claims; it also needs to be protected against physical damage. That is where commercial property insurance comes in. This type of coverage can protect your cattery and its business-related contents from damage caused by a covered peril, such as windstorms, fire, theft, water damage, vandalism, etc.
- Professional indemnity insurance: Professional indemnity insurance is another type of liability insurance that can safeguard your cattery against catastrophic loss should a lawsuit be brought against you or a specific employee at your cattery, that alleges negligence, error, or omission. This type of insurance is important for pet care businesses like catteries where a professional performs a service for a fee. Beyond error, omission, or negligent acts, professional indemnity insurance can also protect against slander, false advertising, libel etc.
- Abuse liability insurance: Abuse liability insurance is often worthwhile for catteries. It is specially designed to cover lawsuits alleging abuse or misconduct. With this type of liability coverage, your insurance company may compensate you for the cost of legal fees (e.g. defence and settlement fees) up to the policy limit.
- Commercial auto insurance: If your cattery ever uses vehicles for business purposes, such as to transport animals in your care, then it can be worthwhile to add commercial auto insurance to your policy. Whether you have a single vehicle for transportation purposes or a whole fleet of them, commercial auto insurance can protect your business from all kinds of risk. Coverage varies according to where your cattery operates but may include accident benefits coverage, third party liability coverage, etc.
- Business interruption insurance: Business interruption coverage can be important for kennels and catteries as it can protect them against lost business income if they are forced to close due to damage from a named peril.
What to consider before buying a cattery insurance policy
- Cost: Cost is an important factor for many policyholders. If you run a pet care business, like a kennel or cattery, then you are probably curious to know how much insurance will cost you. The reality is that insurance policies vary considerably. However, an ALIGNED Insurance broker can help keep costs down by comparing policies on your behalf to get you a competitive rate. We can also give you tips on how to save money on cattery insurance. Finally, understanding which factors come into play can help you understand your premium. Factors that will likely be considered when an insurance company calculates your cattery insurance premium include the size and location of your cattery, the services it provides, the types of animals it provides board to, the number of employees at your cattery, your years of experience in the pet business industry, your personal insurance claims history, and more.
- Coverage: Next, when buying a cattery insurance policy, you will need to consider what types of coverage you want your policy to feature. There are many options out there, which can make this difficult. But if you seek help from an insurance broker, they can provide a professional opinion on which coverages make the most sense for your kennel or cattery.
- Where to buy cattery or kennel insurance: One final consideration when buying cattery insurance is where you want to buy it from. Generally speaking, you have two main options: to purchase a policy through an insurance agent or an insurance broker. Brokers offer a convenient way of buying insurance since they do the work for you. To discuss the benefits of working with a licensed insurance broker near you, contact ALIGNED today.
ALIGN your cattery with quality pet business insurance
Cattery insurance is an essential investment for any cattery owner. It provides comprehensive coverage for a range of risks, ensuring the financial stability and reputation of your business. By choosing the right insurance policy, you can protect your cattery and the cats in your care, allowing you to focus on what you do best – providing a safe and loving environment for your feline friends. Start your commercial insurance journey today by contacting ALIGNED to learn more about cattery insurance. From the second you contact us, we will dedicate ourselves to finding you a great policy. We can answer your questions, offer unbiased coverage recommendations, and even reach out to insurance providers on your behalf. We make insurance simple. Call ALIGNED to discuss the benefits of cattery insurance or click here for a free quote.
