Medical Practice Insurance

On top of the normal risks that businesses face, like property damage to your office or the loss of business records, healthcare and medical professionals face unique risks, including:

Business liability insurance for medical businesses from The Hartford can help protect you from these risks and more.

Most medical healthcare offices have a Business Owner’s Policy (BOP). Why? This policy help protect your business in the same way your homeowners policy helps protect your home.

A BOP combines three basic insurance coverages that are important to almost all small businesses. By combining these coverages, a BOP can help you save money on insurance rates, while protecting the business you’ve worked so hard to build. The three coverages in a BOP are:

General liability insurance, which helps cover claims that your business caused an injury or property damage. For example, if your patient gets injured after falling down the stairs at your healthcare office, and they file a claim against you, your general liability insurance can help cover the associated costs.

Commercial property insurance to help protect the place where you do business. So, if someone breaks the windows of your office, commercial property insurance can help cover your repair costs. This coverage can also help protect the tools you use to conduct your business, like computers, therapy equipment and medical instruments, whether you own or lease your business property.

Business income insurance, which helps cover your loss of income if your office shuts down due to property damage. For example, a storm that causes power lines to fall on your business, forcing you to shut down for weeks.