As a mental health professional, you work with clients who suffer from depression, anxiety, and substance abuse. That means you take on a lot of responsibility – and a lot of risk. Business insurance provides financial reimbursement in the event of a malpractice lawsuit, theft, or data breach. You may also need it to fulfill the requirements of your state licensing board.
These insurance policies cover common risks of mental health counseling.
A general liability insurance policy covers basic risks that small mental health practices face, such as an accident that injures a client or damages their property.
A business owner's policy, or BOP, is a cost-effective way for private practices and small clinics to buy general liability coverage and commercial property insurance together.
Professional liability insurance covers legal defense costs when a counselor is sued for unsatisfactory work. It's also referred to as malpractice insurance or errors and omissions insurance (E&O).
Most states require workers' comp for mental health clinics that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy covers financial losses from data breaches and cyberattacks. It's strongly recommended for mental health counseling businesses that store personal information.
Commercial auto insurance covers the cost of an accident involving a vehicle owned by a mental health clinic. Most states require this coverage for vehicles owned by a business.
It's easy to get insurance for mental health counselors and social workers if you have your company information on hand. Our application will ask for basic facts about your small 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:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right type of coverage for your counseling practice, whether you work independently part-time or run a clinic.