From client injuries to malpractice claims, speech therapists face several liabilities that could trigger a lawsuit. Speech therapy insurance can protect against these high-cost risks and more.
These policies cover the most common risks faced by speech therapists.
General liability insurance provides coverage for speech therapist risks such as accidental client injury. Bundle with property insurance for savings in a business owner’s policy.
A business owner’s policy bundles property insurance and general liability insurance. A BOP is one of the most cost-effective types of commercial insurance for speech therapists.
Professional liability insurance for speech pathologists can help cover legal expenses if a client sues over unsatisfactory work, such as failure to fix a speech impediment.
Most states require workers' comp for speech therapy businesses 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 speech therapy practices that store personal information.
Commercial auto insurance covers the cost of an accident involving a vehicle owned by a speech therapy clinic. Most states require this coverage for vehicles owned by a business.