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Physical Therapy Liability Insurance - Quotes From $5

For your business best protection and savings, we recommend bundling GL with some other important coverages on one Business Owners Policy!


For your business best protection and savings, we recommend bundling GL with some other important coverages on one Business Owners Policy!

Similar to massage therapists, acupuncturists, hypnotherapists, and aromatherapists, physical therapists like you can be accused of committing malpractice or be held liable for the accidents that happen in the clinic. 

Physical therapy insurance allows you to defend yourself in court without incurring significant losses. Also called physiotherapist insurance, this specialized protection will also grant a shield against income loss, property damage, and other common exposures.

Professional Liability Insurance for Physical Therapists

All physical therapists have the duty of care to each patient.  Patients can file a claim if this is violated somehow. While it might sound impossible to be held responsible for mistakes or oversights, there are a lot of examples that prove the opposite is true. Here are some:

  • A physical therapist in Berwyn faced a $50,000 negligence and malpractice lawsuit for improper treatment and misdiagnosis 

  • A physical therapist and his employer had to settle for $1,490,000 for the failure to supervise a patient who was riding a stationary bike

Buy physical therapy professional liability insurance to have a trusty countermeasure when patients sue you for negligence and malpractice. Also called malpractice insurance and professional indemnity insurance, this provides up to $3 million-$5 million you can use to pay for:

  • Settlements

  • Defense costs

  • Court judgments and punitive damages


Additional perks might also be provided by physiotherapy indemnity insurance, depending on how it’s designed. Expect to enjoy these additional benefits from the policy:

  • $100,000-$150,000 for lawsuits and investigations filed against you by state regulatory boards

  • $50,000-$150,000 reimbursement for legal expenses you need to pay for criminal trials and investigations

  • $750 daily lost income reimbursement if you need to attend a trial and can’t provide services

  • $50,000 for defense costs involving HIPAA violations


Though broadly underwritten, physical therapy liability insurance for malpractice and negligence comes with exclusions. That said, you can use professional liability insurance to cover claims for sexual harassment, assault, battery, abuse, and molestation.


General Liability Insurance for Physical Therapists 

Patients can experience accidents while in the premises of your clinic. And so, get general liability insurance to enjoy a shield against the resulting bodily injuries or property damage you can be held liable for. Use physiotherapy liability insurance when:

  • A patient falls from a chair during the examination and sustains a broken hip

  • Defective equipment inflicts injuries or property damage to a patient

  • An independent contractor sustains an injury and demands compensation from you


General liability insurance for physical therapists provides $2 million-$5 million. Use this to cover these costs:

  • Medical treatment of the claimant

  • Reimbursement for the damaged property of the claimant

  • Settlements

  • Defense costs

  • Court judgments 


General liability policy for physical therapists is underwritten broadly. And so, expect to enjoy these additional perks:

  • $300,000-$500,000 indemnification to the landlord if the clinic gets damaged or destroyed by water and fire (only applies if you’re renting)

  • $50,000 for privacy and data protection

  • $50,000-$1 million for claims filed because of slander, copyright infringement, libel, breach of confidentiality, and invasion of privacy you allegedly committed

  • $2 million for your liability over products and completed operations 


Umbrella Liability Insurance for Physiotherapists

Sometimes, your general liability insurance or professional liability insurance can’t fully cover a claim because it’s too costly. You might also find yourself facing a lot of claims in a given year and exhaust the funds of professional liability or general liability insurance. 

Protect yourself against such sticky situations by purchasing umbrella liability insurance for physiotherapists.  Also called excess liability insurance, this insurance functions to:

  • Provide additional funds if your general liability or professional liability insurance doesn’t have adequate funds to cover a claim

  • Provide supplementary funds so that general liability or professional liability insurance can still cover a claim even if  primary limits have been fully used 

Compare Physical Therapy Insurance Quotes Online

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Commercial Property Insurance for Physical Therapists

You can’t tend to patients without a clinic. This is why physiotherapist insurance programs offer a commercial property policy. Use this to protect the clinic against unfortunate events. 

Commercial property insurance helps you make a full recovery when a disaster happens. This will reimburse losses when the clinic gets damaged or destroyed because of:

  • Fire

  • Theft

  • Vandalism

  • Civil commotion

  • Riot

  • Volcanic action

  • Sinkhole collapse

  • Sprinkler leakage

  • Aircraft

  • Impact

  • Vehicle

  • Winds

  • Snow 

  • Hail

  • Lightning


Valuables inside your clinic are automatically covered by commercial property insurance, except for those owned by third parties. In other words, you can replace treatment tables, skeleton models, goniometers, grip dynamometers, reflex hammers, etc. that get lost or damaged by fire, theft, vandalism, and other perils we mentioned above.

So how much money can you get? Commercial property insurance provides $10,000-$500,000 for the building and its contents. Additional perks might even be included such as:

  • $10,000 employee dishonesty coverage

  • $50,000 for business income loss

  • $2,500-$5,000 for credit card damage or loss

  • $5,000-$10,000 for accounts receivable

  • $5,000 for the loss of patient records and other valuable documents


It’s possible to get $10 million coverage or more if you work with insurance companies that insure large businesses.


Equipment Breakdown Insurance for Physical Therapists 

Equipment breakdown insurance protects the implements you use for work. Sometimes included as a floater to commercial property or general liability insurance, this will provide a $2,500 minimum coverage. 

Use this to cover expenses for repairs or replacements if your dynamometers, mobilization devices, height exercise steps, and other equipment get damaged or lost because of:

  • Fire

  • Theft

  • Mechanical breakdown

  • Electrical breakdown

  • Electrical surge

  • Electrical shorts

  • User error 


Business Owner’s Policy for Physical Therapists 

A business owner’s policy combines general liability and commercial property insurance. This physical therapy business insurance is a good option if you’re looking for quick coverage against business property damage and liability over the injuries or property damage sustained by third parties.

It’s also possible for a business owner’s policy to offer other insurance options, such as equipment breakdown insurance, workers' compensation insurance, and umbrella liability insurance. 


Workers Compensation Insurance for Physical Therapists 

Workers' compensation insurance is included in physiotherapy insurance programs. If not, then purchase this as a stand-alone policy. Having this is very important if you work with one or more associates. 

Purchasing worker's compensation insurance enables you to provide compensation without incurring losses when an employee sustains a bloodborne disease, contracts an illness, or experiences an accident while running an errand for your clinic. 

It’s hard to say how much money you can get from this commercial physiotherapy coverage. The worker's comp law of each state has different provisions on the amount of coverage workers' compensation insurance can give. For now, just remember that this insurance will help you pay for these costs:

  • First aid, EMT service, surgeries, and other costs for medical treatment

  • Inpatient hospital bills

  • Prescription drugs

  • Rehabilitation and retraining

  • After-hospital visits

  • Lost wages

  • Funeral expenses and allowance to dependents in case of death


Commercial Auto Insurance for Physical Therapists 

Think about getting commercial auto insurance if your clinic provides home care services and owns a car that you and associates can use to reach the patient’s home.  

You need commercial auto insurance because a personal auto insurance won’t provide help if something happens while you’re using the car for home care services. Commercial auto insurance can do these:

  • Provide $25,000-$2 million coverage if your commercial vehicle causes an accident and inflicts third parties with bodily injuries 

  • Provide $15,000-$2 million coverage if your commercial vehicle causes an accident and inflicts third parties with property damage

  • Provide $25,000 coverage for the driver and passenger’s medical treatment if the commercial vehicle gets involved in an accident caused by an uninsured/underinsured driver 

  • Cover some or all of the cost for parts repair or replacement if your commercial vehicle gets damaged because of fire, theft, vandalism, collision, lightning, and other covered perils

  • Give $30-$50 daily reimbursement for the vehicle rental and public transportation expenses. This is capped at $900-$1,500

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Physical Therapy Liability Insurance Cost

Physical therapy liability insurance costs $45.07 per month or $540.84 per year for a $1 million general liability coverage. Factors that determine the cost of insurance are location, claims history, business experience, number of employees, and more.

In connection, here’s a table showing the rates of the best companies for physical therapist liability insurance:


Cost per MonthCost per YearBest for
NEXT$29.34$352.08Best overall; Fastest general liability insurance for physical therapists 
CoverWallet$38.15$457.80Physical therapy liability insurance online quotes comparison
Tivly$40$480Comparing physical therapy liability insurance quotes over the phone
Hiscox$41.65$499.80General liability and professional liability insurance with worldwide coverage
Thimble$43.42$521.04On-demand physical therapy liability insurance
CM&F$50$600Professional liability insurance for physical therapists


Compare quotes to get a better grip on how much you need to pay for premiums. Start by clicking the “Get Quotes” button on this page.



Compare Physical Therapy Insurance Quotes Online

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

Best Physical Therapy Insurance Companies

Here are some reviews of the best physical therapy insurance companies. Read to know their pros, cons, and rate for a $1 million general liability insurance for physical therapists.


NEXT Physical Therapy Insurance

Pros

  • Best overall

  • Issues an online proof of insurance instantly

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Bundle your liability insurance with commercial property or workers compensation insurance and get a 10% discount

Cons

  • Couldn’t find any

NEXT sells general liability insurance for osteopathic physical therapists. This has a $1 million per occurrence limit with a $2 million aggregate.

NEXT offers professional liability insurance as part of its general liability insurance. This means that you don’t get the policy as a stand-alone coverage. The professional liability insurance of NEXT has a $1 million per occurrence limit with a $2 million aggregate.

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

Average cost: $29.34 per month

Our rating: 10/10


CoverWallet Physical Therapy Insurance

Pros

  • Compare physical therapist liability insurance quotes online

  • Cancel your coverage anytime

  • Comprehensive cyber liability insurance

  • General liability insurance has employment practices liability endorsement

Cons

  • Not an insurance company but an insurance broker

CoverWallet sells general liability, professional liability, cyber liability, and employment practices liability insurance for physical therapists.

This company’s general liability insurance for physical therapists has a $1 million per occurrence limit with a $2 million aggregate. An employment practices liability endorsement is included in its language.

Your cyber liability insurance from CoverWallet has a $3 million per occurrence limit with a $3 million aggregate. Additional protections included are $250,000 cyber deception coverage, $3 million business income and cyber data restoration coverage, and $250,000 telephone hacking coverage.

Best for: Physical therapy liability insurance online quotes comparison

Average cost: $38.15 per month

Our rating: 10/10


Tivly Physical Therapy Insurance

Pros

  • Compare physical therapist insurance quotes over the phone

  • Responsive customer service

  • Will refer you to a partner if you’re not a match

Cons

  • You need to call to get a quote

Tivly (formerly CommercialInsurance.NET) offers general liability, professional liability, cyber liability, and other related policies for physical therapists. Note that you need to call to get covered.

That said, call Tivly now to compare physical therapist insurance quotes over the phone.

Best for: Comparing physical therapist insurance quotes over the phone

Average cost: $40 per month

Our rating: 10/10


Thimble Physical Therapy Insurance

Pros

  • Fast to issue online quotes

  • Terrorism coverage is automatically included in the language of general liability insurance

  • Equipment breakdown and non-owned hired auto coverage can be added to general liability insurance

Cons

  • Doesn’t allow you to get general liability insurance for physical therapists as a stand-alone policy

Thimble sells general liability insurance for physical therapists. However, you can't get this as a stand-alone policy but as part of Thimble’s business owner’s policy.

The general liability insurance of this company offers $1 million-$2 million per occurrence limit. Thimble’s general liability insurance also offers a $5,000 medical payments coverage and a $50,000 rented premises liability coverage.

Best for: On-demand physical therapy liability insurance

Average cost: $43.42 per month

Our rating: 9/10


Hiscox Physical Therapy Insurance

Pros

  • In-house team of underwriters for fast claims handling

  • Worldwide coverage

  • 5% discount on general liability and cyber liability insurance premiums

  • 14-day money-back guarantee

Cons

  • Poor customer reviews

Hiscox underwrites and sells general liability and cyber liability insurance for physical therapists. Note that just like Thimble, you can’t get this company’s general liability insurance as a stand-alone policy but as a part of its business owner’s policy.

Your general liability insurance from Hiscox provides $1 million per occurrence limit with a $2 million aggregate.

On the other hand, Hiscox’s cyber liability insurance for physical therapists offers $250,000 per occurrence and aggregate limit. Upgrade this to enjoy media liability coverage.

Best for: General liability and professional liability insurance with worldwide coverage

Average cost: $41.65 per month

Our rating: 8/10


CM&F Physical Therapy Insurance

Pros

  • Comprehensive professional liability insurance

  • Easy policy renewal

  • One of the longest-running professional liability insurance providers for US healthcare professionals and businesses

Cons

  • Customer service is sometimes unresponsive

CM&F provides $2 million professional liability and general liability insurance for physical therapists. This company’s physical therapy liability insurance coverage is highly specialized as it covers HIPAA claims, proceedings for license termination or suspension, and sexual misconduct.

Best for: Professional liability insurance for physical therapists

Average cost: $50 per month

Our rating: 10/10


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