Pet Shop Insurance

There are many things to consider when owning a pet shop, and insurance to protect your animals, stock and the public should be at the top of your list.

As a broker, smei is not limited to the offerings of a single insurer. Our role is to select the most suitable insurance cover, based on your needs, from a panel of UK insurers, aiming to provide you with appropriate cover at a competitive price.

We have a team of insurance experts who can offer help and specialist knowledge on the type and level of insurance a pet shop, like Ideal Pet Stores in Clitheroe, Lancashire (pictured above) will typically need. With over 7,000 retail establishments already on cover, rest assured we have the experience and expertise to look after your needs.

Why Insurance is Important for Pet Shops

Pet shops carry many of the same risks as other retail stores such as cover for stock and cash ‒ however there may be a requirement for increased cover in other areas such as public liability.

Like other retail stores, problems just like a flood can cause huge amounts of damage to your stock as well as your store. Stock cover can provide compensation for those items that are damaged and premises cover will allow for any repairs that need to be carried out on the building itself. Then there are the animals themselves that you may keep in store. You will need to ensure these are safe and you may need additional security measures in place to help prevent your animals going missing. You will also need to ensure you are covered against a claim should one of the animals bite or scratch a customer or member of staff. But what about the loss of profits you may incur if you are forced to close for a period of time? Business interruption cover is essential here. This type of policy will cover gross profit and fixed expenses to help you get back on your feet and enable your pet shop to open again. No matter if you cater for cats or mice, make sure that your business has the right level of cover.

About the Pet Industry

We are believed to be a nation of pet lovers – whether it is a cat, dog, fish, rabbit, or pig. The pet industry relies on this adoration to help it grab a chunk of the British retail industry.

Pet shops provide many things an owner could possibly need for their pet. Food, grooming products, healthcare, and transport are just some of the things you can buy in your local store. Many also have the licence to sell live animals too, making them a place to go when you want to purchase a pet.

These retail stores may come in a variety of different types and sizes, from small independent outlets within a garden centre, dedicated village or high street stores, to national pet shop brands who will have stores up and down the country. Each one is designed to ensure that our beloved pets have the necessities they need – ranging from food, bedding, toys, to grooming services.

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^{* We randomly surveyed 54 new business policyholders (12.5%) with insurance start dates between 12 April 2019 and 1 August 2019. 93% made a financial saving by moving to smei, with an average saving of 15.96%. This data excludes commercial and residential insurance for landlords.}

_{** Optional cover may differ dependent upon insurer.} 

_{*** Data compared from 246 policies sold between November 2017 and November 2018.}

_{**** Based on 246 policies sold between November 2017 and November 2018, 171 customers paid less than £500.}