Occupational Therapist Insurance: Cost & Quotes From $15/mo

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A lot of dangerous jobs exist such as tree cutting, high-rise window cleaning, and construction. Occupational therapists help individuals recover and return to work after they experience an accident. 

Just like physical therapy, insurance is a crucial factor that cannot be ignored when it comes to occupational therapy. Occupational therapy and insurance go hand in hand, as insurance coverage provides protection and peace of mind to the therapists and their clients.

You work hard to help your clients improve their quality of life. However, no matter how careful you are, accidents can happen. That’s why it’s important to have the right occupational therapy insurance coverage to protect yourself and your practice. In this article, we’ll go over the different types of insurance available to occupational therapists, the costs, and the best insurance companies to consider.

General Liability Insurance for Occupational Therapists

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


General liability insurance is basic coverage that protects you and your practice from bodily injury or property damage claims. Occupational therapy assistants (OTAs) can also benefit from liability insurance coverage as they are also involved in providing therapy services to patients

Common situations where general liability insurance for occupational therapy assistants and licensed therapists can come in handy include slip and fall accidents in your office, damage to a client’s property during a therapy session, or a client getting injured during a therapy session.

Add-ons to General Liability Insurance for Occupational Therapists

Some add-ons to the general liability policy included in your occupational therapist insurance package are as follows:

  • Cyber liability coverage–Protects against data breaches and cyber-attacks

  • Product liability coverage–Protects against claims related to products you sell or use in your practice

  • Tools and equipment coverage–This add-on allows general liability insurance to grant a reimbursement in case a covered business equipment gets damaged or lost because of fire, theft, vandalism, and other covered perils 

Coverage Limits of General Liability Insurance for Occupational Therapists

Coverage limits for general liability insurance vary depending on the policy but expect at least $1 million per occurrence and $2 million aggregate. 


Can I Get Occupational Therapy Liability Insurance If I Work from Home?

Yes, you can get occupational therapy liability insurance if you work from home as an occupational therapist. Many insurance providers offer coverage for home-based businesses, including those in the healthcare industry. However, it’s important to check with your insurance provider to ensure that your specific work-from-home situation is covered under the policy.


Professional Liability Insurance for Occupational Therapists

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


Professional liability insurance, also known as occupational therapy malpractice insurance provides coverage for claims made against therapists due to alleged negligence or errors while providing therapy services.


Costs Covered by Professional Liability Insurance for Occupational Therapists

The costs covered by professional liability insurance for occupational therapists include legal fees, court costs, and settlement or judgment amounts up to the policy limit. It may also cover the costs of disciplinary proceedings by a state licensing board or professional association. However, coverage may vary between insurance providers, so it’s important to read and understand the policy before purchasing.


Add-ons to Professional Liability Insurance for Occupational Therapists

Add-ons to professional liability insurance for occupational therapy may include:

  • License defense coverage–This grants coverage for legal costs in case licensing boards decide to conduct an investigation following a malpractice claim against your services

  • Sexual abuse and molestation coverage–Sexual abuse and molestation coverage grants coverage for legal expenses if you’re accused of harassment, assault, and other related acts 

  • HIPAA coverage–This add-on allows professional liability insurance to cover claims filed because you allegedly committed violations of the HIPAA act

Coverage Limit of Malpractice Insurance for Occupational Therapists

Some policies have limits as low as $100,000 per occurrence and $300,000 aggregate, while others may provide coverage up to $1 million or more.

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Commercial Property Insurance for Occupational Therapists

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


Commercial property insurance is an insurance policy that provides coverage for occupational therapists’ business property, such as buildings and equipment in case of damage or loss due to unforeseen events such as fire, theft, volcanic action, lightning, sinkhole collapse, aircraft, winds, and other covered perils.


Costs Covered by Commercial Property Insurance for Occupational Therapists

The costs covered by commercial property insurance for occupational therapists typically include: 

  • Repairs or replacement of damaged or lost property

  • The cost of temporarily relocating the business during repairs

  • Lost income during the period of repair or replacement

Add-ons to Commercial Property Insurance for Occupational Therapists

Add-ons to commercial property insurance for occupational therapists may include

  • Business interruption coverage–Provides coverage for lost income and ongoing expenses during a period of business interruption due to a covered loss

  • Equipment breakdown coverage–Covers the cost of repairing or replacing damaged equipment due to mechanical or electrical breakdowns

Coverage Limit of Commercial Property Insurance for Occupational Therapists

The coverage limit of commercial property insurance for occupational therapists typically ranges from $50, 000 to $500,000 or even more. 


An occupational therapist and insurance representative sitting on a couch talking to each other.


Business Owner’s Policy for Occupational Therapists

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 (BOP) is a type of insurance policy that combines various coverages, including general liability and property insurance, into a single package. It is designed to provide occupational therapists with comprehensive coverage for a variety of business-related risks.


Costs covered by Business Owner’s Policy for Occupational Therapists

The costs covered by a BOP for occupational therapists may include:

  • Property damage caused by fire, theft, or natural disasters

  • General liability claims arising from bodily injury, property damage, or advertising injury

  • Business interruption losses due to a covered event that forces the practice to temporarily shut down

  • Employee dishonesty or theft

  • Personal and advertising injury

Add-ons to Business Owner’s Policy for Occupational Therapists

Add-ons to a BOP for occupational therapists may include:

  • Professional liability insurance to cover claims arising from alleged errors or omissions in the provision of professional services

  • Employment practices liability insurance to cover claims of discrimination, harassment, or wrongful termination by employees

  • Cyber liability insurance to cover costs associated with data breaches and cyberattacks

  • Umbrella insurance to provide additional liability coverage beyond the policy limits of the BOP

Coverage Limit of Business Owner’s Policy for Occupational Therapists

The coverage limit for a BOP varies depending on the policy and provider. However, it is typically designed to provide comprehensive coverage for small to medium-sized businesses with coverage limits ranging from $1 million to $5 million or more.


What is the Difference Between a BOP and Separate Insurance Policies?

A BOP combines various types of insurance coverage into a single policy, while separate insurance policies cover specific types of risks individually. While a BOP may be more convenient and cost-effective for small to medium-sized businesses, it may not provide the same level of coverage as separate policies for each type of risk.


Tools and Equipment Insurance for Occupational Therapists

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


Tools and equipment insurance provides coverage for the tools, equipment, and supplies used by occupational therapists in their practice. This insurance protects against loss or damage to the essential items required to provide occupational therapy services.


Costs Covered by Tools and Equipment Insurance for Occupational Therapists

Tools and equipment Insurance typically covers the cost of repairing or replacing damaged or lost items you use. It can also provide coverage for stolen items or damage caused by accidents, natural disasters, or other unexpected events.


Coverage Limit of Tools and Equipment Insurance for Occupational Therapists

The coverage limit for tools and equipment insurance varies. Some policies have limits as low as $5,000 per occurrence, while others may provide coverage up to $100,000 or more.


Commercial Auto Insurance for Occupational Therapists

If you use a vehicle for your occupational therapy practice, you may need commercial auto insurance to protect yourself against accidents and other unexpected events. Commercial auto insurance covers the costs of 

  • Damage to your vehicle

  • Bodily injury or death in case of an accident

  • Damage to other people’s vehicles or property

The coverage limit for commercial auto insurance for occupational therapists typically ranges from $100,000 to $1 million depending on the insurance provider and the specific policy.

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Occupational Therapy Insurance Cost

The average cost of malpractice insurance for occupational therapists is $55 per month or $660 per year for a $1 million worth of coverage. Malpractice insurance for occupational therapist assistants is typically less expensive than for occupational therapists as they have a lower level of responsibility and liability. On average, the cost of malpractice insurance for occupational therapist assistants can range from $100 to $500 per year.

On the other hand, general liability insurance is $40 per month or $480 per year. Here’s a table showing the best occupational therapy insurance companies. Use this to know which provides comprehensive coverage at the right price. 

Company Cost per Month Cost per Year Best For
NEXT $15 $180 Best overall; Fastest general liability insurance for occupational therapists
The Hartford $20 $240 Established occupational therapy businesses seeking specialized coverage
Hiscox $30 $360 Established occupational therapy businesses needing customizable coverage options
CoverWallet $36 $432 Comparing insurance quotes from multiple providers online
Tivly $37 $444 Comparing occupational therapy insurance quotes over the phone
Thimble $45 $540 Occupational therapists needing temporary or flexible insurance coverage
AOTA $75 $900 Occupational therapists seeking professional resources and support from a membership association
HPSO $80 $960 Occupational therapists looking for a well-established and financially stable insurance provider with a range of coverage options and access to risk management resources
Proliability $83 $996 Occupational therapists looking for reliable coverage from an established insurance provider


You can further get an idea of the average occupational therapy malpractice insurance cost as well as other business insurance solutions by comparing quotes. Start by clicking the “Get Quotes” button on this page. 

Compare Cheap Occupational Therapist Insurance Quotes Online

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

Best Occupational Therapist Insurance Companies

Consider these companies for the best occupational therapy liability insurance. Read some of the reviews below to know their pros, cons, and average rate for a $1 million general liability insurance. 


NEXT Occupational Therapist Insurance

Pros

  • NEXT Insurance provides a seamless and intuitive digital experience, making it easy for occupational therapists to get coverage online

  • They offer customizable policies tailored to the specific needs of occupational therapists

  • NEXT has a user-friendly mobile app that allows policyholders to manage their policies on the go.

Cons

  • NEXT Insurance may not have as wide of a range of coverage options compared to other providers

NEXT was founded in 2016 and is headquartered in Palo Alto, California. The company has an A- AM Best rating and offers a range of insurance policies, including professional liability, general liability, and commercial auto insurance. Their professional liability insurance for occupational therapists offers a $300,000-$2 million per occurrence and aggregate limit. 

Best for: Best overall; Fastest general liability insurance for occupational therapists

Average cost: $15 per month

Our rating: 10/10


CoverWallet Occupational Therapist Insurance

Pros

  • CoverWallet provides easy online quotes and comparisons from multiple insurance providers

  • They offer customizable policies tailored to the specific needs of occupational therapists

  • CoverWallet is known for its user-friendly website and excellent customer service

Cons

  • Some policies may be more expensive than other providers

CoverWallet was founded in 2015 and is based in New York City. The company has an A+ AM Best rating and offers a variety of insurance policies, including general liability, professional liability, and workers’ compensation insurance. 

Best for: Comparing insurance quotes from multiple providers online

Average cost: $36  per month

Our rating: 10/10


The Hartford Occupational Therapist Insurance

Pros

  • Hartford is a reputable and experienced insurance provider

  • They offer specialized policies for occupational therapists

  • Customers can easily manage their policies through the company’s online portal

Cons

  • Hartford may not be the most affordable option for some occupational therapists

The Hartford is a well-known insurance company that provides a wide range of insurance products, including business insurance. They offer occupational therapy liability insurance such as general liability, cyber liability, employer’s liability, and malpractice insurance. The company has been in business for over 200 years and has an A+ rating from AM Best.

Best for: Established occupational therapy businesses seeking specialized coverage

Average cost: $20 per month

Our rating: 9/10


Tivly Occupational Therapist Insurance

Pros

  • Tivly offers customizable insurance policies tailored to the needs of occupational therapy businesses

  • Their policies include cyber liability insurance, which can be essential for protecting sensitive patient information

  • Tivly has a user-friendly online platform that makes it easy to manage policies

Cons

  • As a newer company, Tivly may not have as much experience as some of the other providers on this list

Tivly is a newer insurance company founded in 2009. The company has an A- AM Best rating and offers professional liability insurance, general liability insurance, commercial property, and other business insurance solutions with the help of its partners. Call a representative now to compare quotes over the phone. 

Best for: Comparing occupational therapy insurance quotes over the phone

Average cost: $37 per month

Our rating: 8/10


Thimble Occupational Therapist Insurance

Pros

  • Thimble offers flexible coverage options that allow occupational therapists to purchase insurance only when they need it

  • Their online platform is straightforward to use

  • Thimble offers fast and easy online quotes

Cons

  • On-demand insurance coverage can be more expensive than traditional policies in the long run

Thimble was founded in 2016 and is based in New York City. The company has an A- AM Best rating and offers on-demand insurance policies like general liability, commercial property, and more. Thimble is a good option if you’re looking for low occupational therapy malpractice insurance cost because the policy is offered as a bundle to general liability insurance. 

Best for: Occupational therapists needing temporary or flexible insurance coverage

Average cost: $45 per month 

Our rating: 7/10


Hiscox Occupational Therapist Insurance

Pros

  • Hiscox is a reputable and experienced insurance provider with a global presence

  • Their policies are customizable to meet the specific needs of occupational therapists

  • Hiscox has a user-friendly online platform for managing policies

Cons

  • Hiscox may be more expensive than some other providers on this list

Hiscox has been in business for over 100 years and is based in Bermuda. The company has an A AM Best rating and offers a range of insurance policies, including general liability, professional liability, and cyber liability insurance. Their professional liability insurance for occupational therapists covers claims of negligence or errors made while providing therapy services. 

Best for: Established occupational therapy businesses needing customizable coverage options

Average cost: $30 per month

Our rating: 8/10


Occupational Therapy Liability Insurance AOTA

Pros

  • AOTA offers valuable resources and information on insurance options

  • As a professional association, AOTA provides a community and support network for its members

Cons

  • AOTA does not directly offer insurance policies, which may be a drawback for occupational therapists looking for a one-stop shop for insurance needs

The American Occupational Therapy Association is a non-profit professional association for occupational therapists in the United States. It was founded in 1917 and is headquartered in Bethesda, Maryland. AOTA occupational therapy liability insurance coverage options are not direct, but they provide resources and information to its members on insurance options and coverage.

Best for: Occupational therapists seeking professional resources and support from a membership association

Average cost: $75 per month 

Our rating: 8/10


Proliability Occupational Therapist Insurance

Pros

  • Proliability has been in business for over 75 years and has strong financial backing from its parent company

  • Their policies can be customized to meet the unique needs of occupational therapists, including coverage for cyber liability and data breaches

  • Proliability offers a user-friendly online platform for managing policies and obtaining quotes

Cons

  • Their policies may not offer as much flexibility or customization as some of the other providers on this list

Proliability is a subsidiary of Mercer Consumer, a division of Marsh & McLennan Companies. They offer professional liability insurance for a variety of healthcare professionals, including occupational therapists. Proliability occupational therapy insurance policies has a $1 million-$3 million limit, HIPAA coverage add-on, sexual abuse add-on, and more. 

Best for: Occupational therapists looking for reliable coverage from an established insurance provider

Average cost: $83 per month 

Our rating: 8/10


HPSO Occupational Therapy Insurance

Pros

  • HPSO is a well-established and financially stable insurance provider with an A++ rating from A.M. Best

  • They offer a range of coverage options, including professional liability insurance, general liability insurance, and cyber liability insurance

  • Policyholders have access to risk management resources and legal consultation services

  • HPSO has a 24/7 hotline for policyholders to call for assistance

Cons

  • HPSO’s policies may be more expensive than some of the newer insurance providers on this list

  • Some policyholders have reported difficulty with the claims process

Healthcare Providers Service Organization is a national insurance provider that offers occupational therapy malpractice insurance to healthcare professionals, including occupational therapists. Founded in 1990 and based in Chicago, Illinois, HPSO is rated A+ by A.M. Best, indicating trusty financial strength and stability.

Best for: Occupational therapists looking for a well-established and financially stable insurance provider with a range of coverage options and access to risk management resources

Average cost: $80 per month 

Our rating: 9/10

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