Insurance for dentists in New York

Learn about business insurance requirements and the most common policies for dentists in New York.

Which policies are required for New York dentists?

If you have a commercial lease, your property manager may require you to purchase general liability insurance. Commonly purchased by dentists in New York, general liability insurance can protect your dental office from expenses associated with common mishaps, such as client property damage and injuries.

State law in New York requires every business with employees to provide workers’ compensation insurance, which covers medical bills for work injuries. Any employee, regardless of whether they are full-time, part-time or seasonal, is eligible for workers’ compensation if they are injured on the job.

Workers' comp is not mandatory for sole proprietors and independent contractors, but it's still recommended, as health insurance can deny claims for work-related injuries.

Business-owned vehicles must be covered by commercial auto insurance. This policy covers the costs of injuries and property damage when a business vehicle is involved in an accident.

Note: Insureon cannot provide quotes for professional liability insurance for dentists, also called malpractice insurance.

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What are the most common insurance policies for New York dentists?

Dentists in New York often carry the following types of insurance. The specifics depend on factors such as whether you own a business vehicle, lease a commercial space, or hire employees.

General liability insurance

General liability insurance is the foundation of a dentist’s business protection, with coverage that extends to client injuries, client property damage, and advertising injuries. Most commercial leases require you to have this coverage.

Business owner's policy

A small dentist’s office might qualify for a business owner’s policy (BOP). This package helps your business save money by bundling commercial property insurance with general liability coverage at an affordable rate.

Workers' compensation insurance

If you own a dental office in New York that has employees, you are required to carry workers’ compensation insurance.

This coverage is optional for sole proprietors. However, if you slip and break an arm in your dental office, or develop carpal tunnel syndrome after years of working with dental tools, you can turn to your workers’ comp policy to help pay your medical bills and lost wages.

Commercial auto insurance

Business vehicles in New York must carry enough commercial auto insurance to meet the state's minimum requirements for auto liability insurance.

New York's auto insurance requirements are:

$10,000 for property damage liability for a single accident
$25,000 for bodily injury and $50,000 for death for a person involved in an accident
$50,000 for bodily injury and $100,000 for death for two or more people in an accident

This policy helps pay for medical bills, legal fees, and property damage when a business vehicle is involved in an accident.

Cyber liability insurance

Cyber liability insurance helps dentists survive data breaches and cyberattacks. This policy covers the cost of data breach notifications, credit monitoring services, and other related expenses.

How much does business insurance cost for dentists in New York?

According to an analysis of Insureon applications, the typical dentist in New York can expect to pay less than the national median for some types of business insurance and more than the national median for other types.

For example, the median annual cost of a business owner’s policy for dentists in New York is $941, far less than the national median of $1,455.

Dentists in New York can expect to pay about $1,467 annually for workers’ compensation insurance, about the same as the national median.

Median insurance costs for dentists in New York.

Save time and money with Insureon

Insureon’s industry-leading technology helps dentists in New York save time and money shopping for insurance by comparing policies from top U.S. carriers. Start a free online application to review quotes for the policies that best fit your business. Our insurance agents are licensed in New York and can answer your questions as you consider coverage.

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