13 Jan Insurance for Your Dental Office
Insurance for Your Dental Office
If you own or manage a Dental Office, there are several types of Insurance to consider for your business. Which types of Insurance do you need? We will explain some of the basics to assist you in obtaining proper coverages.
Insurance for Your Dental Office – Professional Liability
Professional Liability is absolutely necessary for all Dental Offices. Professional Liability is also referred to as Errors or Omissions, or Malpractice Insurance. Professional Liability is such an important coverage because it protects you from damages that arise from your consulting or advice. There are several companies available that specialize in Dental Professional Liability and have great programs available to those interested.
Insurance for Your Dental Office – Business Owners Policies
Business Owners Policies are great for Dental Offices because they include General Liability and Business Personal Property on a single policy with a single policy number. This is particularly useful to those offices that have a lot of Business Personal Property. Business Personal Property can include computers, tools, diagnostic equipment, valuable papers, etc. In addition, you can purchase a Business Income endorsement that provides coverage for lost income in case of a covered property
Insurance for Your Dental Office – Workers Comp
Most Dental Offices have employees and therefore are required to carry Workers Comp. When shopping for Workers Comp, it is vital that the employees are correctly classified. Most of the time, all employees, including clerical office employees, should be classified as 8839. In addition, often times you can purchase Workers Comp with the same carrier as your Business Owners Policy. Doing so would provide an additional discount and convenience.
If you would like to learn more about Insurance for Your Dental Office. Give us a call! You can reach us at 925-297-4829.
All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.