As someone who provides health care to animals, your first concern lies with your clients’ satisfaction. You want to give them the best care possible, not only because you care about animals but also because you’re a savvy business professional. Whether you’ve been a vet for a long time or you’re just starting out in the practice, you know that what you do comes with a special set of risks: a client might be unhappy with the treatment their pet receives; an animal might injure one of your clients or their pets; or, in the worst-case scenario, an animal you are responsible for might be seriously injured or die.
Of course, you’ve probably taken all precautions to make sure you’re protected against these risks. However, there are other risky factors involved in running a veterinary business that might not come immediately to mind when you first apply for your insurance policy. Here are four items your veterinary insurance policy should cover to keep your practice running smoothly:
- Clinic Records
Your clinic’s records are the backbone of your business: by keeping good records, you are able to keep track of your clients’ needs and understand what areas of veterinary medicine your clinic focuses the most energy on. However, if anything were to happen to your records, your business could face serious consequences. Making sure your records are included in your insurance policy is vital to keeping your business safe.
- Business Vehicles
If you regularly use a car or a van to conduct your veterinary business, you know that it’s an expensive asset to have. Besides paying for gas and general upkeep, you need to guard against accidents. Just as you would insure your personal car, you also want to be certain that any vehicle you use for your clinic is insured.
- Clinic Employees
You might be the best veterinarian in the world, but you know you can’t do it alone. That’s why you value your employees so much. Veterinary technicians and staff help you manage your business and keep clients happy. But if something were to happen to one of them, it could seriously affect your business’s daily function. This is why it’s important to include workers’ compensation in your insurance plan. Knowing that your employees are protected in case of illness or injury—and that you are protected from lawsuits that could result from such situations—provides you and your employees with a sense of peace.
- The Building
Naturally, you do everything to secure the clinic itself. You take care of general upkeep and invest in a security system. But in the case of a minor disaster or a break-in, your insurance policy might not cover the damages if you haven’t already made those specifications. Insuring your business’s building against these occurrences is an investment in the future of your veterinary practice.
As a veterinarian, you want to keep your practice safe from risks of all kinds. That’s why we here at Reed Street Insurance want to help you develop the best insurance policy possible for your practice. If you would like to discuss your policy with an insurance agent or have other questions about veterinary insurance, contact Reed Street today.