As a veterinarian, you work hard to protect the health of your furry patients. Just as you vaccinate dogs and cats as a preventative measure, you should exercise the same foresight with your business by having the proper insurance. Otherwise, a liability claim or equipment breakdown could leave your office financially at risk. The guide below explores three policies that benefit veterinarians.

What Types of Coverage Do Vets Need?

1. Business Insurance

Your office is equipped with a range of costly equipment, such as X-ray machines, telemetry systems, and autoclaves. Business coverage helps reimburse you for damaged or missing equipment following a burglary, natural disaster, or fire.

However, the specifics of your policy will determine what is and isn’t covered. For example, flood-related damage often requires a separate rider. Discuss your business needs with an agent to get a clear picture of what your greatest risks are so that you can invest in sufficient protection.

2. Equipment Insurance

While general business insurance may cover equipment in cases such as fire, it won’t apply if the equipment breaks on its own. If your practice relies on specialized, expensive equipment, an untimely breakdown could cripple your business. Having a specific policy to cover surgical machines’ repair costs can help you prepare for the unpredictable.

3. Liability & Professional Liability

Liability insurance covers accidents that might happen on your business’ premises. For example, a pet might get loose and injure a human or another animal. Since it occurred on your property, you could be held responsible for any medical fees. Accidents like slipping and falling can also be covered by liability insurance.

Professional liability guards you against cases of medical malpractice if an animal owner believes you have treated their animal incorrectly, resulting in injury or death.

Protect yourself and the patients you serve by working with Michael E Glick Insurance to determine which policies are right for your veterinary practice. Based in Boerne, TX, they’re skilled at helping homeowners and businesses tailor their coverage for peace of mind and financial security. Call (830) 816-9488 for a free review of your current policies. Get a quote for insurance products on their website.