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.
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:
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.
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
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
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
Get all the best quotes from leading providers in a click of a button!
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:
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 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:
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 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
Rehabilitation and retraining
Funeral expenses and allowance to dependents in case of death
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
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 Month||Cost per Year||Best for|
|NEXT||$29.34||$352.08||Best overall; Fastest general liability insurance for physical therapists|
|CoverWallet||$38.15||$457.80||Physical therapy liability insurance online quotes comparison|
|Tivly||$40||$480||Comparing physical therapy liability insurance quotes over the phone|
|Hiscox||$41.65||$499.80||General liability and professional liability insurance with worldwide coverage|
|Thimble||$43.42||$521.04||On-demand physical therapy liability insurance|
|CM&F||$50||$600||Professional 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.
Get all the best quotes from leading providers in a click of a button!
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.
Issues an online proof of insurance instantly
Great customer service and reputation
Outstanding value for money
Bundle your liability insurance with commercial property or workers compensation insurance and get a 10% discount
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
Compare physical therapist liability insurance quotes online
Cancel your coverage anytime
Comprehensive cyber liability insurance
General liability insurance has employment practices liability endorsement
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
Compare physical therapist insurance quotes over the phone
Responsive customer service
Will refer you to a partner if you’re not a match
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
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
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
In-house team of underwriters for fast claims handling
5% discount on general liability and cyber liability insurance premiums
14-day money-back guarantee
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
Comprehensive professional liability insurance
Easy policy renewal
One of the longest-running professional liability insurance providers for US healthcare professionals and businesses
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
Lonnie Bell Insuranker
Policy Type: Business Insurance
Company name: Employers Insurance
Use anyone except Employers. Period. They are non-transparent and shameful. After I complained long enough to warrant a call from a supervisor, the supervisor called back from a PRIVATE NUMBER (no caller ID), left a message that they are not reversing their decision (without any communication with me), and failed to leave a phone number for me to call back. She was hiding! They also fact find via email and phone calls, which is terrific for speed and communication. However, after setting a precedence of email or phone calls, they send time sensitive information via email, without any heads up... they are hoping you miss it and forfeit via expiration. Evil policies. Go elsewhere.
This place is an absolute joke of a company and should be ashamed of the way they conduct business. I was hurt on the job at the end of July and it took them just shy of 7 weeks to issue out a paycheck to me. Yes the amount was back dated but still. Not many have the luxury of not receiving a paycheck for almost 2 months. To top it all off, the original adjuster marked me down for the wrong state which caused a problem from the get go, I've had 3 different adjusters now since each one can't seem to figure out the simplicity of my claim. All my paperwork which includes, my job, house, and drs visits all are from the same state and city but yet some how I have been filed under a completely different state 1500 miles away. They do not answer your phone calls or emails no matter how many you leave. I've had to escalate my frustrations to the supervisors of each of these individuals in order to even get some kind of response. I've had more communication and information given to me about my claim from the customer service representatives then the actual adjusters.......... please tell me how that works?! A serious overhaul needs to happen here in order to serve your clients the way they deserve to be taken care of. 10/10 do not recommend this company to a single soul on earth
I have never had the displeasure of working with a more incompetent and disrespectful person in my life. I’m an injured worker and the adjuster that was assigned to my case was named Carrie Furgeson. In the past 6 weeks that I’ve been injured and out of work I have only been able to get ahold of her twice, not for lack of trying. I have left countless voicemails, countless emails, and she ignores them all. When I am finally able to get ahold of her I’m greeted with terrible customer service. She is rude, she talks over me and I’m hardly able to get a word in edgewise. She spelled my name wrong on my documents even after I spelled it for her properly countless times, this caused a whole new issue with my bank. I have bill collectors from the hospital calling me demanding payment and Carrie Furgeson won’t do a single thing to help, or to get them paid. All of my documentation is in Colorado, my job is in Colorado, my address is in Colorado, all my Dr offices and appointments have been in Colorado and Carrie still managed to hold my claim because she wasn’t sure what state she needed to file it under. It’s been 6 weeks since my Injury and my company still hasn’t received the wage paperwork to fill out so they can get me my correct wages. When she’s not ignoring me she’s answering my questions with “I don’t know” well I don’t know how she got this job, because apparently she doesn’t know anything about it. She is a disgusting morose individual inside and out and I genuinely wish her the worst in all of her future endeavors. I highly recommend you don’t use this company. Please if you are a business owner and your looking into this company please don’t use them. I’m sure they have the cheapest payment and that’s why companies use them in the first place, but you will be doing your employees a grave disservice by forcing them to venture into this absolute dumpster fire of a company. I would rate 0/5 if possible but 1 was the lowest I was allowed.
Their general liability insurance purchase process is simply the best online experience I've ever had in my life!
As long as they cover your line of business, you're literally covered! best rates, best coverage, best online experience, best professionals, can't be happier that I chose them!