Business Insurance Requirements for Nurses in Ohio

From Cleveland to Cincinnati, Ohio is home to some of the best healthcare facilities in the world. Coupled with recent state initiatives to lower taxes and encourage business growth, it’s an attractive place to run a nursing business, with your prospects growing as the population increases in age.

Whether you’re a nurse practitioner in Cleveland or the owner of a traveling nurses agency in Toledo, choosing the right business insurance is vital to your company’s continued health. When comparing policies, consider your individual risk and key business factors. Are you expecting to move into a commercial space? Most leasing agreements require proof of general liability and/or commercial property insurance. Ohio state law requires all small businesses with at least one employee to carry workers’ compensation insurance. This coverage must be purchased through Ohio’s state-administered fund; it cannot be purchased through private insurers. Professional liability insurance, also called errors and omissions insurance or nurse malpractice insurance, can help cover legal costs when a lawsuit is filed as the result of an error, such as a misdiagnosis or a business discrepancy. While this policy is not mandated by Ohio state law, it is considered an area of critical importance by the American Nurses Association.

Insureon makes shopping for insurance easy with industry-leading technology that gathers quotes from top U.S. carriers that fit your needs. Read more to find out which policies are most common for nurses in Ohio, and start an application to get your free quotes today.

Find the right insurance policy for your nursing business

The most common policies for nurses in Ohio vary depending on a number of factors, including revenue, client contracts, and partnerships. The table below illustrates which policies might work best for your business type.


Business type General liability / BOP Professional liability / malpractice Workers' comp
Contractor / freelancer / 1099 X X  
Sole proprietor X X  
Employer X X X


General liability insurance: General liability insurance is the foundation of a nurse’s business protection with coverage that extends to bodily injury, client property damage, advertising injury, and the cost of legal defense. Most commercial leases require you to have this coverage.

Professional liability insurance: Many clients require proof of professional liability insurance before entering contracts for professional services. This policy, also called errors and omissions insurance or nurse malpractice insurance, can help cover legal expenses if you’re sued for unsatisfactory work, such as a misdiagnosis or business discrepancy.

Business owner's policy (BOP): Nurses sometimes qualify for a business owner’s policy. This package helps your business save money by bundling commercial property insurance with general liability at an affordable rate.

Ohio workers' compensation: Ohio state law requires workers’ compensation coverage for all small businesses that employ one worker or more. Sole proprietors are exempt from the mandate, but they can carry themselves under a policy if they choose to do so. Workers’ compensation insurance can only be purchased through the Ohio Bureau of Workers’ Compensation; it is not available through private insurers. If an employee is injured on the job, workers’ comp can help pay for medical fees and lost wages.

Nursing is a strenuous occupation. Nurses face a higher risk of workplace injury than workers in the construction and manufacturing industries, according to the Occupational Safety and Health Administration. In particular, nurses are most likely to experience injuries resulting from overexertion and falls, slips, or trips, according to Bureau of Labor Statistics data, as shown in the chart below.

Most Common Workplace Injuries: Nurses in the U.S.

Business insurance costs for nurses in Ohio

Nurses in Ohio can expect to spend more than the national median for business insurance, according to an analysis of Insureon applications. This could be explained in part because nurses face a significant level of risk for errors and omissions lawsuits due to the nature of their work, and because Ohio’s statute of limitations for medical malpractice suits is longer than other areas of the country. Spending $130 per month for an errors and omissions policy may seem high, but the cost of nurse malpractice suits can climb into the hundreds of thousands.

Median Insurance Costs for Ohio Nurses

Save time and money with Insureon

Insureon’s industry-leading technology helps nurses in Ohio save time and money shopping for insurance by comparing policies from dozens of top U.S. carriers. Simply apply online and review quotes for the policies that best fit your business needs. Our insurance specialists are licensed in Ohio and can answer your questions as you consider coverage.

To make the application go even quicker, have this information ready:

  • Workforce details, such as the number and types of employees.
  • Current and projected revenue.
  • Business partnerships.
  • Insurance history and prior claims.
  • Commercial lease insurance requirements.

Apply for free nurse insurance quotes today.