Pet Store Insurance



When it comes to insurance for your pet supply store, you want your coverage to be off the leash. With a PolicySweet® Business Owners Policy, we’ll make sure your coverage is as enjoyable as a treat. From General Liability to Workers’ Compensation, each pet store insurance policy is made to fit your needs.


Coverages for Pet Supply Stores:

Business Owners Policy, Workers’ Compensation, and HomeHQSM are three types of coverages for pet store owners to help protect their businesses. Learn more about these coverage options below:


Business Owners Policy

Having a Business Owners Policy could help protect your business against multiple risks as it combines three common coverages into one policy. General liability, property, and cyber-risk coverages are assembled into a BOP.

General Liability Insurance

If someone gets injured or their property suffers damage while interacting with your business, liability insurance could help cover expenses related to the damage.

LEARN MORE ABOUT
GENERAL LIABILITY INSURANCE

 


Property Insurance

You might want to consider this type of coverage so you don't lose items that allow your business to operate. If your company relies on expensive equipment, it could repair or replace these items if they become damage, lost, or stolen.

LEARN MORE ABOUT
PROPERTY INSURANCE  


Cyber Insurance

This type of coverage could help your business recover from the impact of a cyber-attack. If you hire a team of professionals to investigate the cause of the incident or notify impacted customers these expenses could be covered.

LEARN MORE ABOUT
CYBER INSURANCE  



Workers’ Compensation Insurance

Medical expenses and lost wages could be covered for injured employees with Workers’ Compensation coverage. This type of coverage could be legally required for your business depending on where your business is located. Most states require businesses to obtain workers’ compensation as soon as they hire their first employee.


HomeHQ

HomeHQ is a policy tailored specifically for at-home businesses. It may provide business owners with common business coverages that their homeowners or renters policy may not offer.

See What Our Customers Are Saying:


Pet Store Insurance Articles

What Does a Workers’ Compensation Insurance Policy Cover?

Employees in small business working together

As a small business owner, you have a lot of responsibilities.

Paying the mortgage or rent, processing payroll, and tracking inventory are just a few. One of your most important tasks is ensuring employee safety.

One of the best ways to do this is by obtaining a Workers' Compensation policy. This is the easy part. Knowing exactly what the policy covers can be a little more complicated.

Keep reading for an employer's guide to Workers' Compensation policies and coverage.

The Benefits of Having a Workers' Compensation Policy

What some employers do not realize is that Workers' Compensation policies are in place to protect both parties.

Although these policies ensure that employees may receive benefits regardless of who is at fault, that is not all they do. They could also protect business owners from unwanted lawsuits. Sometimes, injured employees try to sue for additional damage. When an employee files for (and collects) Workers' Compensation, they cannot come after you for more money.

Without a policy in place, injured employees may be able to sue you for things like lost wages and exorbitant medical bills. Or, you may be fined by a state because you do not have the required Workers' Compensation insurance in place.

In some rare cases, employees could collect Workers' Comp and still try to sue you! This is why having coverage is so important.

What Does Workers' Compensation Cover?

In short, your Workers' Compensation policy could cover costs related to work injuries. If an employee is injured or falls ill due to work conditions on the job, you may be responsible for covering a wide range of things.

Here are the most common:

  • Medical Expenses

When an accident occurs on the job, your Workers' Compensation policy may cover the cost of immediate medical attention. This includes any ambulance rides or emergency room fees.

Once the employee is evaluated, your policy could also cover the cost of any required surgeries, medications, hospital stays, and other associated medical expenses.

If ongoing care is prescribed (physical therapy or medication use), your policy might also cover these bills.

  • Lost Wages

In the event of a serious injury, employees may not return to work right away. Some may require several days, weeks, or even months to recover.

Your Workers' Compensation policy could pay part of the employee's lost wages during their recovery time. The percentage of coverage may depend on the type of policy you have and the extent of the employee's injury.

  • Compensation for Fatal Injuries

In 2018 there were over 5,200 fatal workplace injuries in the United States. Sometimes, tragedy strikes -- and when it does, your Workers' Compensation policy may cover the associated costs.

Your policy's death benefits could cover funeral and burial expenses and might provide financial support for employee's living family members.

Protect Your Employees and Your Business

Having a Workers' Compensation policy is about more than just protecting your employees -- it is about being able to protect yourself and your business.

Workers' Comp could cover medical expenses, lost wages, and other expenses related to the employees' injury or illness. It may also offer protection in the event the employee files a lawsuit against you.

Contact PolicySweet® for more information about our insurance policies or to request a free quote.

Get a Quote Now >