The high cost of patient lawsuits, injuries, and equipment damage can put a physical therapy practice at risk. Physical therapist insurance can help cover legal fees, medical bills, and more.
These policies cover the most common risks of physical therapy.
A general liability policy covers basic third-party risks, such as an injury from a patient tripping in your office. It's often required for commercial leases.
A BOP bundles commercial property insurance and general liability coverage under one plan. It's often the most cost-effective type of commercial insurance for physical therapists.
Most states require workers' comp for physical therapy businesses that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy covers legal expenses if a patient sues a physical therapist for a work mistake, such as advice that worsens an injury. It's sometimes referred to as malpractice insurance.
Most states require commercial auto insurance for vehicles owned by a physical therapy clinic. It helps cover the cost of an accident involving your business vehicle.
This policy helps physical therapy clinics survive data breaches and cyberattacks. It can often be added to a business owner's policy or general liability policy for savings.
Physical therapists combat injuries with exercise, but accidents are bound to happen. Physical therapy private practices and solo practitioners need to be prepared for malpractice suits, employee injuries – even cyberattacks. Physical therapist insurance can cover expenses stemming from these risks and more. Some policies may be required by state law or the terms of a commercial lease.