General Liability Insurance protects your small business against claims of third-party bodily injury and property damage, reputational harm and advertising injury. It covers medical bills, repair costs & legal fees.
Workers Compensation covers your employees' medical costs and lost wages while recovering from a work-related injury or illness. The employee gives up the right to sue your company in return for receiving cash and benefits from Workers Compensation. In some states it’s mandatory for businesses!
Covers your products, materials and equipment that are transported over land (truck or train), or while they're in a warehouse. If involved in a collision, mishandling or cargo theft, Inland Marine Insurance covers the transported goods.
Commercial Property Insurance will provide coverage for your properties in case damage renders them impossible to rent or lease.
Why do your Zoos and Botanical Gardens need insurance?
In this industry, companies are primarily involved in the preservation and exhibition of animals and plants. Examples of these establishments include aquariums, wild animal parks, arboretums, zoological gardens, and aviaries.
Your business needs insurance as this can keep your business running in the event of a risk occurring. These risks could force your business to close if you don't have insurance. Depending on the type of insurance, your business will be covered for the costs of lawsuits when your business gets sued, medical responsibilities, and other risks.
What risks do Zoos and Botanical Gardens face?
Below are the common risks zoo and botanical gardens can face:
One of your employees has been bitten by a monkey and got sick after that. As your employer, you are responsible for the medical payments of your employee.
A customer enters your botanical garden and slips from a water spill that your janitor is about to clean up. This causes your client to suffer injuries in their right arm. While you were able to provide for medical expenses, the customer still sues your business for the damages.
How much does Zoo Insurance cost?
There is no fixed cost of insurance for zoos and botanical gardens, the cost varies since it mostly depends on the size of your business, the coverage required, and the number of employees you have. To quickly find out the cost of your insurance, all you have to do is apply online to get a free insurance quote in just a few minutes.