Audiologist Insurance: Cost & Quotes From $28/mo

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Your audiology practice helps patients manage and treat symptoms of hearing, which can result in language problems that speech therapists must treat.  Audiologist insurance is a policy that can protect you from the financial burdens of doing business, like lawsuits, injuries, and legal judgments. This article will cover standard policies you may want as part of your audiologist insurance policy.

General Liability Insurance for Audiologists

CoverWallet  NEXT (Best) Thimble Hiscox The Hartford
Per occurrence limit  $1,000,000 $1,000,000 $1,000,000/$2,000,000 $2,000,000 $1,000,000/$2,000,000
Aggregate limit  $2,000,000 $2,000,000 $1,000,000/$2,000,000 $2,000,000 $1,000,000/$2,000,000
Products and completed operations aggregate limit  $2,000,000 $1,000,000 $2,000,000 $1,000,000 $1,000,000
Advertising injury coverage aggregate limit  $1,000,000 $1,000,000 $2,000,000 $1,000,000 $1,000,000
Tenant’s legal liability coverage limit  $300,000/$1,000,000 $300,000 $100,000 $100,000 $1,000,000
Waiver of subrogation included? Yes No Included Can be included No
Hired/non-owned auto liability coverage included? Yes No No Can be included Can be included
Equipment breakdown floater included? No  Yes Yes Can be included Can be included
Can you get a certificate of insurance online? Yes Yes Yes Yes Yes
Name additional insureds? Yes Yes Yes Yes Yes
Deductible $0 $0 $0 $0 $0


The general liability policy of your audiologist insurance package covers third-party claims of injury and property damage. Some examples of coverage are listed below.

  • One of your audiologist patients trips while getting examined and requires knee surgery

  • A patient brings an electronic device to your audiologist’s office, which gets damaged

Add-Ons to General Liability Insurance for Audiologists

This audiology liability insurance could also benefit from add-ons. Some are outlined below:

  • Employment practices liability–Covers employee claims of discrimination, workplace harassment, wrongful termination, and other workplace-related claims

  • Cyber liability–Protects your audiologist medical practice from the financial cost of a cyberattack or data breach

  • Excess liability–Extends the protection of your existing general liability policy to get a higher coverage amount than you could generally get

Coverage Limits of General Liability Insurance for Audiologists

Your audiologist general liability policy will have an average coverage limit of $1 million per occurrence and $2 million in total aggregate across the policy lifetime.

Does General Liability Insurance Cover Intentional Damage?

No. General liability insurance will not cover acts of intentional damage. Many insurers will spell out this exemption in the policy language as “intentional acts of the insured.”

Malpractice Insurance for Audiologists 

CoverWallet  NEXT Thimble (Best) Hiscox The Hartford
Per occurrence limit  $1,000,000 $1,000,000 $1,000,000/$2,000,000 $1,000,000 $1,000,000
Aggregate limit  $2,000,000 $2,000,000 $1,000,000/$2,000,000 $1,000,000 $2,000,000
Name additional insureds? Yes Yes Yes Yes Yes
Waiver of subrogation included? Yes No Yes Can be included No
HIPAA coverage included? No No No No No
Sexual misconduct coverage included? No No No No Can be included
License defense coverage included? No No No No Can be included
Deductible  $500 $500 $500 $50/$10,000 $500


An audiologist covered by insurance will want to ensure he or she has a comprehensive malpractice policy. This protects your business from costs like legal defenses, court fees, and lawsuits stemming from accusations of negligence and oversights. Everyday situations can include:

  • A patient accuses you of failing to deliver a promised audiologist service

  • You make a mistake in administering care that causes a patient an injury or other damage

Add-Ons to Malpractice Insurance for Audiologists

  • Additional insured–Allows you to add other parties to your malpractice insurance policy

  • Excess liability–Extends the coverage limits of an already existing malpractice policy

Coverage Limits of Malpractice Insurance for Audiologists

The coverage limit for audiologist malpractice insurance is between $100,000 and $1 million and $1 million and $3 million for all claims.


What Can Affect The Cost of My Audiologist Malpractice Insurance?

Certain factors like the location of your practice, insurance claim history, number of hours worked, and the insurer you choose can all affect your audiologist’s malpractice insurance cost. This means you will want to research to ensure you get the best price for ideal coverage.

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Commercial Property Insurance for Audiologists

CoverWallet NEXT (Best) Thimble Hiscox The Hartford
Building coverage limit (minimum) $50,000 $260,000 $25,000/$500,000 $25,000 $60,000
Contents coverage limit (minimum) $50,000 $22,000 $25,000/$500,000 $25,000 $60,000
Outdoor signs Excluded $2,500 Excluded Excluded Excluded
Accounts receivable  Excluded Excluded $5,000/10,000 Included Excluded
Money and securities Excluded $2,500 $1,000 Included Excluded
Lock and keys  Excluded $2,500 Excluded Excluded Excluded
Business interruption floater Excluded Included Included Included Excluded
Equipment breakdown floater Excluded Included Excluded Excluded Excluded
Inland marine insurance floater Excluded Excluded $10,000 Excluded Excluded
Employee dishonesty floater Excluded $5,000 $2,500 Included Excluded


Audiologist insurance may include a commercial property policy if you have business premises. This policy protects your commercial building and the property contained within it. Examples of coverage include:

  • Your office is vandalized with graffiti, and you need help removing it

  • A fire occurred near your office and caused substantial damage to the building

Add-Ons to Commercial Property Insurance for Audiologists

  • Equipment breakdown–Protects  equipment from internal damage like a mechanical or electronic failure. This policy will not cover damage from poor maintenance or wear and tear

  • Earthquake insurance–This helps repair damage to your business property when exposed to earthquakes, landslides, and mudslides

Coverage Limits of Commercial Property Insurance for Audiologists

Commercial property insurance for audiologists will possess a coverage limit of $50,000 for your business building and $50,000 for the equipment inside it.


Do I Still Need Commercial Property Insurance Even If I Am Leasing?

Yes, even though your leaseholder may have insurance coverage to protect the real estate you are leasing, you will still want commercial property insurance because it helps protect your business property from damage. A landlord’s insurance policy will only protect things in their interests and have no obligation to help you pay for any damages to your business.


A woman wearing ear muffs with her finger up.


Business Owner’s Policy for Audiologists  

CoverWallet Thimble (Best) NEXT  Hiscox The Hartford
General liability aggregate limit  $2,000,000 $2,000,000 $2,000,000 $300,000 $1,000,000/$2,000,000
Commercial property coverage limit  $50,000 $500,000 $260,000 $25,000 $75,000
Optional policies can be added? Yes Yes Yes Yes Yes
Name additional insureds for free? Yes Yes Yes Yes Yes
BOP discount? Yes Yes Yes Yes Yes


A business owner’s policy is a combination insurance policy with the protections of both general liability insurance and commercial property insurance. Examples of when to use its coverage include:

  • A customer falls, injuring both themselves and the audiologist’s equipment. Since you have BOP, you are covered for both situations

  • Someone breaks into your audiologist’s office and destroys some electronics

Add-Ons to Business Owner’s Policy for Audiologists

  • Commercial crime–Protects your business from criminal actions of employees like forgery, robbery, theft, and cybercrime.

  • Non-owned auto liability–Covers the cost of accidents caused by an employee’s car or a hired commercial auto

Coverage Limits of Business Owner’s Policy for Audiologists

A typical BOP for audiologists will have a general liability coverage of around $1 million and a commercial property coverage between $20,000 and $60,000.


Tools and Equipment Insurance for Audiologists 

NEXT  Thimble Hiscox The Hartford
Aggregate limit $3,000/$10,000 $2,500/$5,000 $15,000/$25,000 $5,000-$10,000
Covers hired and borrowed equipment? $3,000/$10,000 $2,500/$5,000 No Yes
Miscellaneous equipment also covered? $5,000/$10,000 No Yes Yes
Offered as an endorsement to general liability insurance? Yes Yes Yes Yes
Deductible $500 $500 $0 $0


Audiologists use tools and equipment insurance because it can provide financial security to the tools they use in their practice. Examples of coverage include:

  • A piece of audiologist equipment gets damaged from a fire within your office and must be replaced

  • A thief steals one of the expensive medical tools you need to provide services

Add-Ons to Tools and Equipment Insurance for Audiologists

  • Flood insurance–This policy can be a nice companion to protect your equipment from flood waters

Coverage Limits of Tools and Equipment Insurance for Audiologists

Many tools and equipment insurance policies offer coverage between $5,000 and $20,000.


Do Audiologists Need Tools and Equipment Insurance?

Yes. Audiologists may occasionally need to travel to meet their patients if they live in remote locations and cannot seek treatment themselves. Tools and equipment insurance can help protect your tools even when used outside of your own clinical setting.


Workers Compensation Insurance for Audiologists  

Workers’ compensation insurance protects the employees of an audiologist when they get sick or injured during the course of their employment. Examples of coverage may include:

  • One of your employees develops carpal tunnel syndrome from their job, which limits their ability to work

  • An employee slips at the office and is temporarily unable to work due to the injury

Does Workers Comp Offer Benefits To An Employer?

Yes, many workers comp policies include employer’s liability protection. This policy will protect the employer from employee lawsuits that result from injuries and unsafe work conditions.


Do Workers Have to Pay for Medical Treatments Out-of-Pocket?

No, workers are entitled to full medical coverage for their work injuries or illnesses from their employer or workers comp insurance carrier. Ensure that if an employee is getting medical treatment, they don’t pay because the payment is supposed to be worked out between the healthcare provider and the insurer.


Excess Liability Insurance for Audiologists

Audiologists can use excess liability insurance to extend the coverage limits of an existing policy. Suppose your general liability insurance only provides $1 million, and a $2 million lawsuit is filed. In this case, excess liability insurance will cover the remaining amount. 


What is the Difference Between Excess Liability Insurance and Umbrella Insurance?

Excess liability policies typically extend the limits of only one underlying policy, while umbrella insurance will provide broader coverage and typically applies to multiple insurance policies.

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Audiologist Insurance Cost

Cost per Month Cost per Year Deductible
General liability insurance $28 $336 $0-$500
Malpractice insurance $35 $420 $500-$1,000
Excess liability insurance $39.00 $468 $500-$1,000
Commercial property insurance $44 $528 $1,000-$2,000
Business owner’s policy $68 $816 $1,500
Tools and equipment insurance $41 $492 $500-$1,000
Commercial auto insurance $50 $600 $500-$1,000
Workers compensation insurance $76 $912 $2,500-$5,000


The average audiologist insurance cost is $28 per month or $336 per year for a $1 million general liability policy. Factors that affect premiums are claims history, business history, policy limits, and more. Here’s a table showing the cost of a $1 million general liability coverage from the best audiologist insurance companies:

Cost per Month Cost per Year Best for
NEXT $15 $180 Best overall; Fastest general liability insurance for audiologists
The Hartford $18 $216 Workers compensation insurance for audiologists
CoverWallet $20 $240 Comparing audiologist insurance quotes online
Tivly $22 $264 Comparing audiologist insurance quotes over the phone
Thimble $24 $288 On-demand coverage for audiologists
Hiscox $26 $312 Worldwide coverage for audiologists

Compare Cheap Audiologist Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Best Audiologist Insurance Companies

Here are some of the companies to consider working with. Read some of the reviews below to know their pros, cons, and average rate for a $1 million general liability policy. 


NEXT Audiologist Insurance

Pros 

  • Best overall

  • Issues an online proof of insurance instantly

  • Fastest general liability insurance for audiologists

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Get a 10% discount if you buy two or more policies 

Cons 

  • Couldn’t find any

NEXT is an excellent insurance provider that was founded in 2016. Despite their newer start date, they have earned an A- rating for financial security with AM Best. They also boast a B+ rating from the Better Business Bureau. Audiologists will find an excellent selection of policies to protect their practice in the face of unexpected events.

Best for: Best overall; Fastest general liability insurance for audiologists

Average cost: $15 per month

Our rating: 10/10 


The Hartford Audiologist Insurance

Pros 

  • Has served over one million small business customers

  • Renowned company for workers compensation insurance

  • Quote online or through an agent

Cons 

  • Limited add-ons to general liability insurance

The Hartford is a well-established insurance company that is perfect for smaller businesses. They offer component policies of your audiologist insurance like general liability, workers comp, and business owner’s policy. The company also has crafted policies that are perfect for the healthcare industry. One highlight is their insurance products which can cater to outpatient facilities.

Best for: Workers compensation insurance for audiologists

Average cost: $18 per month

Our rating: 10/10 


CoverWallet Audiologist Insurance

Pros 

  • Excellent platform for comparing insurance options

  • Offers healthcare malpractice insurance

  • Easy online policy management

Cons 

  • Not an insurance company but an insurance broker 

CoverWallet offers competitive rates and policies for audiologists. They have easy-to-fill-out forms and quick quotes from multiple insurers at once. You can manage all of your business insurance policies online in one place.

Best for: Comparing audiologist insurance quotes online 

Average cost: $20 per month

Our rating: 10/10 


Tivly Audiologist Insurance

Pros 

  • Responds quickly

  • A partner of many reputable insurance companies

  • Helps you find the best company at the right price

Cons 

  • You need to talk to a representative for a quote 

Tivly is another insurance platform that offers a decent selection of policies from over 200 different providers. They have an A rating from the Better Business Bureau and offer many policies outlined in this article. Tivly prides itself as solution-oriented and will work with you to find areas where you need coverage the most. Call now to compare quotes over the phone. 

Best for: Comparing audiologist insurance quotes over the phone 

Average cost: $22 per month

Our rating: 10/10 


Thimble Audiologist Insurance

Pros 

  • Scales your insurance needs with your growing business

  • Numerous add-ons to general liability insurance

  • Quickly issues an estimate of your rates

Cons 

  • Some customers think the streamlining process results in products that are too simple

Thimble has quick and affordable policies that you can purchase quickly. They provide resources like an insurance glossary for first-time buyers and boast a pleasant experience. Thimble has an A+ score with the Better Business Bureau, which speaks to its excellent track record of resolving customer claims and disputes.

Best for: On-demand coverage for audiologists 

Average cost: $24 per month

Our rating: 10/10


Hiscox Audiologist Insurance

Pros 

  • Worldwide coverage

  • Dedicated claims representatives

  • 14-day money-back guarantee

Cons 

  • BOP policy is only available in 43 states currently

Hiscox has personalized policies and takes their time to ensure you are happy with every detail of your coverage. Their website has a dedicated section for audiologists to help them understand which policies are important and why. The company offers worldwide coverage if you file the claim within the US or Canada. Overall they are an excellent pick for audiologists with the time to iron out the details of their insurance protection.

Best for: Worldwide coverage for audiologists

Average cost: $26 per month

Our rating: 10/10

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