Veterinary business insurance costs about $62 monthly on average, with prices ranging from $17 to $78 based on coverage type and location.
Get matched with cheap veterinary business insurance below.
Updated: October 13, 2025
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Annual costs for veterinary business insurance span $202 to $932 depending on your state, coverage needs and business specifics.
Your veterinary practice's insurance costs depend on where you operate, past claims, types of animals treated and staff size.
Cut insurance expenses by getting quotes from multiple business insurers, bundling coverage, raising deductibles and paying your premium annually.
We found average business insurance costs for veterinary companies for commonly needed coverage are as follows:
| BOP | $67 | $799 |
| General Liability | $45 | $539 |
| Professional Liability (E&O) | $116 | $1,391 |
| Workers' Comp | $20 | $235 |
Note: We based these rates on small businesses with two employees across 79 major industries, focusing on four coverage types: general liability, professional liability/errors and omissions (E&O), workers' comp and business owner's policy. Your actual rates will vary based on your specific business factors and location.
Select your industry and state to get a customized quote.
Your veterinary business insurance cost for general liability coverage varies by location. Alaska provides the best value at $39 monthly, well below the $45 national average. New York runs $52 monthly, giving you solid data for business budgeting decisions.
| Alabama | $44 | $528 |
| Alaska | $39 | $468 |
| Arizona | $43 | $510 |
| Arkansas | $43 | $518 |
| California | $50 | $602 |
| Colorado | $45 | $536 |
| Connecticut | $49 | $587 |
| Delaware | $48 | $579 |
| Florida | $49 | $585 |
| Georgia | $46 | $549 |
| Hawaii | $46 | $547 |
| Idaho | $43 | $512 |
| Illinois | $49 | $593 |
| Indiana | $44 | $527 |
| Iowa | $43 | $514 |
| Kansas | $44 | $525 |
| Kentucky | $42 | $500 |
| Louisiana | $49 | $590 |
| Maine | $39 | $468 |
| Maryland | $43 | $516 |
| Massachusetts | $47 | $567 |
| Michigan | $43 | $512 |
| Minnesota | $42 | $507 |
| Mississippi | $45 | $543 |
| Missouri | $44 | $533 |
| Montana | $45 | $538 |
| Nebraska | $43 | $511 |
| Nevada | $51 | $611 |
| New Hampshire | $45 | $537 |
| New Jersey | $51 | $612 |
| New Mexico | $45 | $544 |
| New York | $52 | $629 |
| North Carolina | $39 | $468 |
| North Dakota | $39 | $470 |
| Ohio | $42 | $501 |
| Oklahoma | $41 | $491 |
| Oregon | $42 | $502 |
| Pennsylvania | $52 | $624 |
| Rhode Island | $49 | $594 |
| South Carolina | $46 | $557 |
| South Dakota | $42 | $505 |
| Tennessee | $44 | $527 |
| Texas | $45 | $545 |
| Utah | $43 | $512 |
| Vermont | $43 | $519 |
| Virginia | $41 | $492 |
| Washington | $51 | $615 |
| West Virginia | $47 | $567 |
| Wisconsin | $44 | $530 |
| Wyoming | $42 | $499 |
Note: We based these general liability rates on veterinary businesses with two employees across different states. Your rates will vary based on your location and claims history.
Your veterinary business will have different costs of workers' compensation insurance depending on location. Louisiana leads at $23 monthly, while North Carolina offers the most affordable option at $17. Our analysis reveals how state regulations and claim histories create these differences.
| Alabama | $19 |
| Alaska | $18 |
| Arizona | $19 |
| Arkansas | $19 |
| California | $22 |
| Colorado | $19 |
| Connecticut | $21 |
| Delaware | $21 |
| Florida | $21 |
| Georgia | $20 |
| Hawaii | $21 |
| Idaho | $18 |
| Illinois | $21 |
| Indiana | $19 |
| Iowa | $19 |
| Kansas | $19 |
| Kentucky | $18 |
| Louisiana | $23 |
| Maine | $17 |
| Maryland | $18 |
| Massachusetts | $21 |
| Michigan | $18 |
| Minnesota | $18 |
| Mississippi | $20 |
| Missouri | $19 |
| Montana | $19 |
| Nebraska | $19 |
| Nevada | $22 |
| New Hampshire | $20 |
| New Jersey | $22 |
| New Mexico | $20 |
| New York | $23 |
| North Carolina | $17 |
| Oklahoma | $18 |
| Oregon | $18 |
| Pennsylvania | $22 |
| Rhode Island | $22 |
| South Carolina | $20 |
| South Dakota | $19 |
| Tennessee | $19 |
| Texas | $20 |
| Utah | $19 |
| Vermont | $19 |
| Virginia | $18 |
| West Virginia | $21 |
| Wisconsin | $19 |
Note: We based these workers' comp rates on veterinary businesses with two employees across different states. Your workers' comp requirements and costs will vary by state since each has different regulations.
Your professional liability cost varies by state. Nationwide, this coverage averages $116 monthly. Maine offers the most affordable rates at $99 monthly, while New York commands the highest premiums at $135 monthly.
| Alabama | $115 |
| Alaska | $104 |
| Arizona | $109 |
| Arkansas | $112 |
| California | $128 |
| Colorado | $116 |
| Connecticut | $125 |
| Delaware | $126 |
| Florida | $126 |
| Georgia | $118 |
| Hawaii | $121 |
| Idaho | $111 |
| Illinois | $128 |
| Indiana | $113 |
| Iowa | $110 |
| Kansas | $112 |
| Kentucky | $108 |
| Louisiana | $133 |
| Maine | $99 |
| Maryland | $111 |
| Massachusetts | $124 |
| Michigan | $112 |
| Minnesota | $109 |
| Mississippi | $118 |
| Missouri | $116 |
| Montana | $116 |
| Nebraska | $112 |
| Nevada | $131 |
| New Hampshire | $115 |
| New Jersey | $131 |
| New Mexico | $114 |
| New York | $135 |
| North Carolina | $100 |
| North Dakota | $101 |
| Ohio | $108 |
| Oklahoma | $106 |
| Oregon | $109 |
| Pennsylvania | $134 |
| Rhode Island | $126 |
| South Carolina | $119 |
| South Dakota | $107 |
| Tennessee | $113 |
| Texas | $118 |
| Utah | $109 |
| Vermont | $112 |
| Virginia | $105 |
| Washington | $130 |
| West Virginia | $122 |
| Wisconsin | $112 |
| Wyoming | $109 |
Note: We based these professional liability rates on veterinary businesses with two employees across different states. Your actual rates will depend on your services offered and location.
Veterinary business insurance costs vary by state, with business owner's policy (BOP) coverage showing the biggest price differences. BOP insurance cost ranges from $58 monthly in North Dakota to $78 in New York for the same coverage level.
| Alabama | $65 |
| Alaska | $58 |
| Arizona | $64 |
| Arkansas | $64 |
| California | $75 |
| Colorado | $67 |
| Connecticut | $72 |
| Delaware | $69 |
| Florida | $74 |
| Georgia | $67 |
| Hawaii | $68 |
| Idaho | $64 |
| Illinois | $72 |
| Indiana | $66 |
| Iowa | $65 |
| Kansas | $64 |
| Kentucky | $61 |
| Louisiana | $73 |
| Maine | $58 |
| Maryland | $64 |
| Massachusetts | $70 |
| Michigan | $64 |
| Minnesota | $63 |
| Mississippi | $67 |
| Missouri | $66 |
| Montana | $66 |
| Nebraska | $62 |
| Nevada | $75 |
| New Hampshire | $67 |
| New Jersey | $74 |
| New Mexico | $68 |
| New York | $78 |
| North Carolina | $58 |
| North Dakota | $58 |
| Ohio | $64 |
| Oklahoma | $61 |
| Oregon | $63 |
| Pennsylvania | $77 |
| Rhode Island | $73 |
| South Carolina | $69 |
| South Dakota | $61 |
| Tennessee | $65 |
| Texas | $66 |
| Utah | $64 |
| Vermont | $64 |
| Virginia | $61 |
| Washington | $75 |
| West Virginia | $70 |
| Wisconsin | $66 |
| Wyoming | $61 |
Note: We based these BOP rates on veterinary businesses with two employees across different states. Your actual rates will vary based on your business size, location, and coverage needs.
Veterinary business insurance costs vary widely by provider, ranging from $50 to $74 monthly. These price differences reflect each insurer's market focus and risk appetite, which shifts based on profitability and coverage expansion opportunities.
| Chubb | $73 | $873 |
| Coverdash | $63 | $753 |
| Hiscox | $63 | $758 |
| NEXT Insurance | $63 | $759 |
| Nationwide | $74 | $889 |
| Progressive Commercial | $59 | $713 |
| Simply Business | $65 | $774 |
| The Hartford | $55 | $655 |
| Thimble | $63 | $760 |
| biBERK | $50 | $597 |
Veterinary business insurance costs depend on multiple factors that insurers review when determining your policy rates:
Practice location influences costs through regional pet ownership rates and veterinary malpractice claim frequency. Urban areas with higher cost of living and more litigious environments see steeper professional liability premiums than rural communities.
Malpractice allegations from surgical complications or misdiagnoses create lasting insurance implications. Even one claim involving a beloved pet's death or permanent injury can follow your practice and affect renewal pricing for several years.
Emergency clinics, specialty surgery practices or exotic animal hospitals have dramatically elevated malpractice exposure due to case complexity and higher stakes.
Veterinary staff handle animals that bite, scratch and kick while also facing needle sticks and chemical exposure. Each veterinarian, vet tech and kennel worker increases your workers' comp obligations, with rates reflecting the unique hazards of animal care.
Wellness visits and basic procedures keep liability exposure contained. Practices performing orthopedic surgery, oncology treatment or emergency critical care handle more complex cases where outcomes are uncertain and malpractice claims more likely.
Patient volume reflects your total exposure to potential claims and complications. Single-veterinarian clinics seeing 20 appointments daily for $300,000 annually operate very differently than multi-doctor hospitals treating 100+ patients and billing $1.2 million.
Professional liability protects against malpractice allegations while general liability covers premises incidents. Most veterinarians carry $1 million in each, though practices offering advanced procedures or treating high-value animals often increase limits to $2 million.
Surgical suites, diagnostic imaging machines and anesthesia equipment require property coverage. Full-service hospitals with CT scanners, digital radiography and in-house laboratories carry substantially more equipment value than mobile or house-call practices.
Board certifications in specialties like surgery or internal medicine demonstrate advanced training. Newly graduated veterinarians pay higher malpractice rates initially, while experienced practitioners with specialty credentials and clean records often qualify for preferred pricing.
Reducing veterinary business insurance costs starts with smart planning and consistent management. Our guide outlines how to find affordable coverage for your vet clinic while improving your risk profile for long-term savings.
Veterinary practices need professional liability (malpractice) for treatment errors and surgical complications, general liability for animal bites and client injuries, and property coverage for expensive diagnostic equipment like X-ray machines and ultrasound systems.
Add animal mortality coverage for deaths during care, cyber liability for electronic health records, employment practices liability for staff veterinarians and technicians, and business interruption to replace income during facility closures.
Veterinary premiums vary based on practice type. Small animal clinics pay differently than large animal, exotic, or emergency practices performing complex surgeries. Veterinary-focused insurers understand state board requirements, controlled substance regulations, and species-specific liability risks better than general carriers.
Combining professional liability, general liability, and property coverage saves 18% to 26% compared to purchasing separately. Many insurers offer veterinary packages that include animal mortality and cyber liability at reduced bundle rates.
Higher property deductibles of $2,500 to $5,000 can reduce premiums by 19% to 27%, but consider that diagnostic and surgical equipment is expensive to replace. Keep professional liability deductibles moderate since defense costs for malpractice claims can reach $80,000 to $150,000 even with proper medical records and protocols.
Monthly installment plans add 6% to 11% in processing fees, which on a $14,000 veterinary policy costs $840 to $1,540 extra annually. Paying upfront eliminates these charges and earns 5% to 9% discounts from veterinary carriers.
Review your policy whenever you add veterinarians, expand services like orthopedic surgery or dentistry, or purchase major equipment like CT scanners or laser therapy devices.
If you've obtained board certifications, implemented client communication protocols or enhanced medical record systems, these improvements can qualify for premium discounts.
Veterinary business insurance runs from $17 to $78 each month, though your exact cost will vary based on your business size, claims history and where you operate. Shopping around for quotes, bundling coverages and paying annually can all help you secure lower rates.
Veterinary business owners commonly ask about insurance costs. We answered the most frequent questions below:
Workers' compensation is the most affordable option at $20 monthly, but it only covers employee injuries. Most veterinary businesses need general liability coverage ($45 monthly) since it protects against customer accidents and property damage claims.
You'll pay more in these states. General liability in California runs $50 monthly (versus $45 national average), and BOP costs $75 monthly (versus $67 average). New York is similar at $52 and $78, respectively.
Combining veterinary business insurance policies with one carrier delivers greater savings than purchasing separate coverage. Insurers reward bundling by offering discounts when you merge general liability, commercial property and commercial auto insurance together.
Multiple factors increase premiums: high-risk locations, prior claims history, specialized equipment values, employee count, facility size, services offered and credit ratings impact costs.
Higher deductibles reduce monthly premiums but increase out-of-pocket costs per claim. Consider your practice's cash flow and expected claim frequency when deciding.
Workers' compensation costs for veterinary businesses vary by state, spanning from $17 monthly in North Carolina to $23 monthly in Louisiana.
Yes, BOP insurance is worth the extra cost for veterinary companies. BOP costs $67 monthly but combines general liability, commercial property and business interruption coverage. Bundling saves money versus purchasing policies separately and offers valuable convenience for veterinary practices.
Shop for new quotes each year when your policy renews. Comparing rates from multiple insurers can uncover savings, especially after business changes like expansion or new hires.
We collected veterinary business insurance quotes from companies across different states. For consistent comparisons, every quote used the same business setup:
We used a typical small veterinary business profile requiring comprehensive coverage. We chose companies offering broad national coverage and online quote capabilities, prioritizing insurers that serve the veterinary industry.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
