Why do medical offices need insurance?
Just as your patients rely on health insurance, your medical office needs coverage to protect against costly risks. Business insurance can cover the cost of a data breach that exposes personal information, or a lawsuit related to a billing error. State laws or a commercial lease may require coverage.
Find the right coverage
Insureon helps owners of medical offices find insurance quotes that match their unique risks.
Get free expert advice and peace of mind knowing you have the right property and liability coverage for your small business.
What types of insurance coverage do medical offices need?
These insurance policies cover common risks faced by medical offices.
General liability insurance
General liability insurance covers basic third-party risks, such as a client who trips and suffers an injury during a visit for a vaccine. It's often required for a commercial lease.
- Client bodily injuries
- Client property damage
- Libel and slander lawsuits
Business owner’s policy
A business owner's policy, or BOP, is a cost-effective way for small medical practices to buy general liability coverage and commercial property insurance together.
- Slip-and-fall accidents
- Accidents that damage patient property
- Stolen or damaged business property
Professional liability insurance
This policy, also known as malpractice insurance for medical professionals, covers legal expenses if a patient files a lawsuit over a billing error or other unsatisfactory work.
- Billing errors
- Accusations of negligence
- Mistakes or oversights
Workers’ compensation insurance
Most states require workers' comp for medical offices that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
- Employee medical bills
- Disability benefits
- Lawsuits from employee injuries
Commercial auto insurance
Commercial auto insurance covers the cost of an accident involving a vehicle owned by a medical office. Most states require this coverage for business-owned vehicles.
- Property damage caused by your vehicle
- Liability coverage in an accident
- Repairs due to vandalism or weather
Cyber insurance
This policy helps medical offices financially survive cyberattacks and data breaches. Also called data breach insurance, it's recommended for any business that handles personal data.
- Client notification expenses
- Data breach investigations
- Fraud monitoring costs
How much does business insurance cost for healthcare facilities?
A small medical office with a few employees will pay less for insurance than a larger business.
Factors that affect premiums include:
- Healthcare services offered
- Business property and equipment
- Business income
- Where your business is located
- Types of insurance purchased
- Policy limits and deductibles
How do I get medical office insurance?
It's easy to get business insurance for medical offices and healthcare professionals 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:
- Complete a free online application
- Compare insurance quotes and choose policies
- Pay for your policy and download a certificate
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage for your medical office, whether you work independently or hire employees.
Verified business insurance reviews
Hear from customers like you who purchased small business insurance.