An ASC is similar to a hospital, but with fewer staff and resources. If a patient suffers a complication, or is released too early from care, the resulting legal costs could overwhelm your small practice. Business insurance provides financial protection against lawsuits, data breaches, and property damage. Some policies may be required by state laws or a commercial lease.
These insurance policies cover the most common risks faced by ASCs.
A general liability policy covers basic third-party risks, such as a patient who files a lawsuit after slipping on a wet floor at your surgery center and breaking an arm.
A business owner's policy, or BOP, is a cost-effective way for surgical centers to buy general liability coverage and commercial property insurance together.
Most states require workers' comp for ambulatory surgery centers that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy, also known as malpractice insurance for surgeons, covers legal expenses if a patient files a lawsuit against an ASC for a surgical error or poor advice.
Commercial auto insurance is typically required for business-owned vehicles. It helps cover the costs of accidents involving a surgery center's vehicle.
Also called data breach insurance, this policy helps surgery centers survive cyberattacks and data breaches by paying for data recovery expenses and other associated costs.
It's easy to get business insurance for your ambulatory surgery center if you have your company information on hand. Our application will ask for basic facts about your practice, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage for your ASC, whether you work independently or hire employees.