When working with the sick and elderly, a simple accident can prove devastating. Business insurance protects against legal costs from slip-and-fall injuries and medical negligence. It can also pay for costly property repairs, workplace injuries, and the fallout from a data breach or cyberattack.
It's easy to get free quotes for medical malpractice insurance with Insureon. We'll ask you basic facts about your business to help you find coverage that matches your unique risks and meets the requirements in your state.
Contact our dedicated medical malpractice insurance specialist to get started.
These insurance products cover the most common risks faced by hospitals.
A general liability policy covers basic third-party risks, such as a patient who files a lawsuit after slipping on a wet floor during their hospital stay.
A business owner's policy, or BOP, is a cost-effective way for hospitals to buy general liability coverage and commercial property insurance together.
Most states require workers' comp for hospitals that have employees. It also protects sole proprietors from work injury costs that a personal health insurance plan might deny.
This policy helps hospitals survive cyberattacks and data breaches by paying for data recovery expenses and other associated costs. It's also called data breach insurance.
Commercial auto insurance is typically required for business vehicles. It helps cover the costs of accidents involving ambulances and other vehicles owned by your hospital.
It's easy to get business insurance for hospitals if you have your company information on hand. Our application will ask for basic facts about your business, 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:
For medical malpractice coverage, also called professional liability insurance, you can contact our dedicated agent by sending an email to [email protected] or by calling (312) 854-2919. They can help you find insurance quotes for malpractice and other common policies that your hospital needs.
Insureon's licensed insurance agents work with top-rated U.S. carriers to find the right insurance coverage for healthcare providers, whether you work independently or hire employees.
The laws for malpractice insurance, which is also referred to as professional liability insurance, tend to vary by state. For example, Florida requires malpractice insurance for doctors, but California does not. In New York, doctors who carry coverage qualify for a state program that provides free excess coverage. Healthcare systems and networks can also require malpractice coverage.
Hospitals are often the ones to provide this coverage for their employees, but some medical professionals choose to buy their own policies for flexibility and to make sure their interests are well represented in court.
Even when it's not required by law, there are several reasons why hospitals carry this coverage:
Because hospitals have such high risks, it's a good idea to look into additional protection for your facility. Policies that can give your coverage a boost include:
To make sure you're fully protected, check your policy for any important exclusions and work with an agent to get coverage for any gaps.
Fortunately, there are numerous ways to reduce liability risks in your hospital and avoid a lawsuit in the first place. Here are a few risk management strategies: