The cost of optometrist insurance depends on the policies you choose, the size of your practice, your unique risks, and other factors. Cost estimates are sourced from policies purchased by Insureon customers.
Optometrists pay a median premium of about $80 per month, or $965 per year, for a business owner’s policy. This policy bundles general liability insurance and property insurance, often at a discounted rate.
A BOP protects optometrists against patient injuries and property damage, along with damage to your own business property. Because of its increased coverage and affordability, it’s the policy most often recommended by Insureon’s licensed agents.
Median cost per year: $965
Policy limit: $2 million per occurrence
Policy deductible: $1,000
Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's business owner's policy cost analysis page.
The median cost of general liability insurance is about $35 per month for optometrists, or $420 per year. This policy protects against patient injuries and property damage, along with advertising injuries.
Insureon’s licensed agents typically recommend purchasing a business owner’s policy, which bundles general liability insurance with commercial property insurance at a discounted rate.
Median cost per year: $420
Policy limit: $1 million per occurrence
Policy deductible: $500
Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's general liability insurance cost analysis page.
Optometry practices pay a median premium of less than $60 per month, or $690 per year, for workers’ compensation insurance. This policy is required in almost every state for optometry clinics that have employees. It can cover medical fees and lost wages for work-related injuries and illnesses.
Learn how workers' comp premiums are calculated and more on Insureon's workers' compensation insurance cost analysis page.
Insureon’s licensed agents work with leading U.S. carriers to find the right coverage for your clinic, whether you’re a solo practitioner or run a small optometry practice. Apply today to compare multiple quotes with one free online application. If you decide to purchase a policy, you’ll work with an account manager who specializes in business risks for optometrists.