The key to taking care of “man’s best friend” is your business. A recent study revealed that only 38% of Generation Z representatives in the U.S. and Canada would prioritize starting a family over raising a pet. This finding reflects a trend also seen in Florida, where 56% of households own a pet. It’s estimated that around 12.5 million domestic animals live in homes across the Sunshine State.
Where some see a challenge, others see an opportunity. The burgeoning passion for pets has ignited a wave of pet-related businesses, from pet stores to dog groomers, walkers, pet salons, veterinarians, trainers, pet hotels, and parks. This is not just a trend, but a thriving industry with immense potential.
If you’re an animal lover and want to take advantage of this trend by creating a spa where you pamper cats with therapeutic massages or hair loss treatments, or if you’re considering opening a veterinary clinic, hotel, pet salon, or just walking dogs, it’s not a bad idea. This is a booming industry, and by 2027, it’s expected that over $350 billion will be spent in the U.S. alone. Wow, what an opportunity!
However, every business, including those in the pet industry, carries unique risks. Theft, bites, illnesses, choking, or the unfortunate death of a pet can lead to potential lawsuits. To safeguard your business, it’s not just important, it’s vital to have the right knowledge about the care you’ll provide and to invest in specialized commercial insurance. This should include a general liability policy to shield you from any third-party claims related to pet care. An Animal Bailee policy, which covers you in case the pets in your custody, care, or control are injured, is also a wise consideration. Furthermore, a vet reimbursement insurance policy can cover emergencies that occur while the pets are under your care, saving you from unexpected medical bills.
If you’re passionate about turning your love for animals into a business, or if you’re already in the field without the proper protection, you’re not alone. Call Univista Insurance. Univista Insurance is here for you. Our specialized agents are ready to guide you, protect you, and help you realize your dream while ensuring you’re covered by the most affordable commercial insurance in Florida. The key to taking care of “man’s best friend” is your business.
Call us today for a full rating! 305-728-2088. You can also quote for free here.