Radiologist Insurance: Cost & Quotes From $28/mo

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You encounter many risks as a radiologist. Work-related injuries are quite prevalent due to repetitive stress and radiation exposure. In a study with 401 participants, 62.6% complained of occupational injuries in the radiology department.

In addition to occupational injuries, you also have to think of malpractice lawsuits. Think about it, a patient might have a miscarriage after an MRI session and file a lawsuit against you and her obstetrician. Thus, it is vital to have comprehensive radiologist insurance to cushion yourself.

General Liability Insurance for Radiologists

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 shields your radiology lab from third-party claims related to personal injury, bodily injury, and property damage. It will protect your practice from negative financial repercussions resulting from legal claims after an accident on your premises.


What Are Specific Situations Covered by General Liability Insurance for Radiologists?

  • A patient or visitor sustains injuries after a fall or slip on your premises.

  • You damage the property of third parties while working

  • Claims of slander, libel, or defamation by competitors or patients

  • Claims of copyright infringement when advertising your radiology lab

Common Add-Ons to General Liability Insurance for Radiologists

  • Professional liability insurance–This add-on will safeguard your business against claims of professional mistakes, negligence, or omissions

  • Cyber liability insurance–This add-on will cushion your business from financial liabilities due to data breaches

Coverage Limits for General Liability Insurance for Radiologists

Many factors influence the coverage limits for general liability insurance for radiologists. However, this is usually $2 million per occurrence and aggregate. 


Malpractice Insurance for Radiologists

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


A radiologist’s job is very sensitive. If you make any mistake, you may expose your employees or patients to health hazards or injuries. A radiologic technologist malpractice insurance covers claims arising from actual or alleged omissions, negligence, or mistakes when offering services.  


What Incidents Can Radiologic Technologist Malpractice Insurance Cover?

  • You do not accurately diagnose a condition in your medical imaging, resulting in wrong or delayed treatment

  • You wrongly interpret a patient’s medical images, which leads to the wrong treatment

  • You make an error when conducting a biopsy procedure resulting in patient injury

Add-Ons for Radiologist Malpractice Insurance

  • Retroactive coverage–This add-on to radiologist malpractice insurance will cover claims from events that occurred before your current policy was effective

  • Disciplinary proceedings coverage–This add-on will cover all legal costs related to disciplinary actions and regulatory inquiries

Coverage Limits for Radiologic Technologist Malpractice Insurance

The coverage limit for radiologist malpractice insurance $1 million per occurrence and $2 million aggregate. If you feel the limit is insufficient, you can request an adjustment to your policy terms.

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Commercial Property Insurance for Radiologists 

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 insures your physical assets and inventory. It can also cover equipment in your radiology lab. Some of the incidents it can cover include:

  • Fire damages your radiology lab, and it also destroys your equipment and other contents

  • Radiology equipment is stolen

  • Water or storm destroys your electronics

  • Thieves vandalize your building and cause significant damages

Add-Ons for Commercial Property Insurance for Radiologists

  • Business interruption coverage–This will cover employee wages, loans, mortgage, and other operational costs when you need to temporary stop operating. Business interruption insurance also covers lost revenues

  • Employee dishonesty insurance–Employee dishonesty insurance will recover financial losses if an employee commits fraud, theft, social engineering, and other dishonest acts

What Are the Coverage Limits for Commercial Property Insurance for Radiologists?

On average, the limits can be $60,000 and above. The value of your property highly determines this limit.


An image of a doctor holding an X-ray result.


Business Owner’s Policy for Radiologists

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 blend of two or more policies. It contains business interruption, commercial property, and general liability insurance. Examples of incidents it can cover include:

  • A customer is injured in your radiology lab

  • A mechanical problem causes your equipment to malfunction

  • Advertising claims are made against your business

Add-Ons for BOP for Radiologists

  • Customer property coverage–Customer property coverage will cover the losses of clients in case their property got damaged or lost while in your care, custody, and control 

  • HNOA coverage–This will cover the cost of accidents caused by a vehicle you hired or borrowed 

What Are the Coverage Limits for BOP for Radiologists?

The BOP your radiology coverage will offer $1 million per occurrence and $2 million aggregate limit for its general liability component and $50,000 for its commercial property component. 


Tools and Equipment Insurance for Radiologists 

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


You use diagnostic equipment such as MRI or X-ray machines in your radiology lab. You also use computer systems and office equipment. But imagine if a fire outbreak occurs and all your essential equipment and tools are damaged.

You need to have tools and equipment insurance to prevent your business from being financially crippled after an accident. This policy covers common perils such as:

  • Fire

  • Theft

  • Vandalism

  • Water damage

  • Mechanical breakdown

  • Electrical breakdown

Are There Any Add-Ons to Tools and Equipment Insurance for Radiologists?

  • Inland marine coverage–This add-on will cover portable equipment  being transported to an off-site imaging center

  • Data breach coverage–Covers data breaches and will compensate you for all financial liabilities after a cyberattack

Coverage Limits of Tools and Equipment Insurance for Radiologists

The coverage limits you receive for your tools and equipment insurance should be sufficient to cover replacement or repair costs. Typically, the limits can be $10,000 to $50,000 but it will depend on the value of the insured items.


Workers’ Compensation Insurance for Radiologists 

Occupational-related illnesses and injuries are prevalent in the radiology department. Workers’ compensation insurance is compulsory, and you must insure your employees. This insurance will cover the following:

  • Medical expenses

  • Disability benefits

  • Vocational rehabilitation

  • Lost income benefits

  • Death benefits

Common Add-Ons to Workers’ Compensation Insurance for Radiologists

  • Occupational accident insurance–This add-on will offer extra coverage for lost income and medical expenses in the event of occupational injuries or illnesses

  • Voluntary compensation endorsement–This add-on will cover individuals not typically classified as your employees, such as interns or volunteers

What Are the Coverage Limits of Worker’s Compensation Insurance for Radiologists?

There’s no set limit for this type of radiology coverage. How much money workers compensation insurance gives depends on the provisions of workers comp laws. 


Excess Liability Insurance for Radiologists

Excess liability insurance is fundamental, especially for high-risk business ventures like radiology labs. This policy offers additional coverage that exceeds what the base insurance coverage provides. 

For instance, if your general liability insurance offers $2 million and claims that exceed that amount are made, excess liability insurance will cover the extra costs.


What Are the Coverage Limits of Excess Liability Insurance for Radiologists?

The coverage limits are $1 million to $10 million. But these figures will depend on the insurance carrier you select and the specific terms of your policy.

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Radiologist Insurance Cost

Cost per Month Cost per Year Deductible
General liability insurance $29 $348 $0-$500
Professional liability insurance $48 $576 $500-$1,000
Commercial property insurance $55 $660 $1,000-$2,000
Business owner’s policy $70 $840 $1,500
Commercial auto insurance $59 $708 $500-$1,000
Tools and equipment insurance $33 $396 $500-$1,000
Workers compensation insurance $82 $984 $2,000-$5,000


The average radiologist malpractice insurance cost is $48 per month or $576 per year for a $1 million worth of coverage. On the other hand, the cost of a $1 million general liability insurance is $29 per month or $348 per year. Factors that affect the cost of premiums are claims history, business history, policy limits, deductibles, and location. Here’s a table showing the cost of a $1 million general liability insurance from the best radiologist insurance companies:

Cost per Month Cost per Year Best for
NEXT $15 $180 Best overall; Fastest general liability insurance for radiologists
The Hartford $20 $240 Radiologists looking for excellent deals on worker’s compensation insurance
CoverWallet $18 $216 Radiologists looking to compare insurance quotes online
Tivly $23 $276 Radiologists looking for an insurance marketplace where they can compare quotes on their phone
Thimble $25 $300 Radiologists looking for on-demand coverage alternatives
Hiscox $27 $324 Radiologists looking for a coverage option that can insure them outside the US
AAPA $35 $420 Radiologists looking for comprehensive malpractice insurance

Compare Cheap Radiologist Insurance Quotes Online

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

Best Radiologist Insurance Companies

Here is a list of the companies that you might consider working with. Read some of our reviews below to understand their pros, cons, and average rate for a $1 million general liability insurance. 


NEXT Radiologist Insurance

Pros

  • NEXT offers you a 10% discount when you purchase more than two policies

  • NEXT provides excellent rates on their radiologist insurance

  • You can access an online certificate of insurance

  • Their customer service is outstanding, and offers professional assistance.

Cons

  • Couldn’t find any

NEXT is a 100% online insurance company with an impressive track record. They have multiple insurance products that can protect your equipment, vehicles, buildings, inventory, and more. This company has been rated by AM Best an A- rating. Thus you can be 100% certain about their financial credibility. They will settle any claims you make on commercial radiologist insurance.

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

Average cost: $15 per month

Our rating: 10/10


CoverWallet Radiologist Insurance

Pros

  • Allows you to compare multiple radiologists’ insurance quotes online

  • You can acquire an online certificate of insurance online

  • It is possible to get affordable rates from the different carriers

Cons

  • Third parties underwrite their radiologist malpractice insurance policies

CoverWallet partners with multiple insurance carriers to offer your business the best deals. In some instances, this company modifies its partner’s insurance policies and offers your business customized coverage. You can find multiple insurance products on their website.

Best for: Radiologists looking to compare insurance quotes online

Average cost: $18 per month

Our rating: 10/10


The Hartford Radiologist Insurance

Pros

  • Offers multiple insurance options for radiologists

  • Hiscox offers attractive deals on their worker’s compensation insurance

  • A reputable company that has an excellent track record

Cons

  • Not available in all states, such as Hawaii

The Hartford is a company that has been operational for so many years. They are known for offering a wide array of policies for radiologists and other businesses. You can purchase commercial property, workers’ compensation, and general liability insurance. Additionally, it is rated at A+ by BBB, which ensures you are confident when dealing with this company.

Best for: Radiologists looking for excellent deals on worker’s compensation insurance

Average cost: $20 per month

Our rating: 10/10


Tivly Radiologist Insurance

Pros

  • You can compare insurance quotes from different providers on your phone

  • Has partnered with several reputable insurance carriers

  • You can access a certificate of insurance online at no cost

Cons

  • When purchasing a policy, you must call their representative first

Tivly is a popular insurance platform or marketplace. It has partnered with more than 200 insurance partners that you can choose from. They offer multiple types of commercial radiologist insurance options. BBB has rated this company at A, which indicates that this company is credible. Call now to compare quotes over the phone. 

Best for: Radiologists looking for an insurance marketplace where they can compare quotes on their phone

Average cost: $23 per month

Our rating: 9/10


Thimble Radiologist Insurance

Pros

  • You can get coverage for a short duration, even for one hour

  • Rates are very affordable for small businesses

  • Several add-ons available on their standard policies

Cons

  • You can’t access customer service by calling

Thimble offers event based insurance coverage options. They can provide you with coverage even for one hour. You can get all essential insurance products from this company for your business.

Best for: Radiologists looking for on-demand coverage alternatives

Average cost: $25 per month

Our rating: 9/10


Hiscox Radiologist Insurance

Pros

  • Hiscox’s policies can offer coverage even outside of the US

  • Comes with an attractive refund policy (of 14 days)

  • You can conveniently upgrade your policies as your business grows

Cons

  • They may not offer specialized radiologist insurance policy

Hiscox is a reputable insurance market that has been in the market for many years. This company helps you to customize your policy according to the size and needs of your business. They have various insurance products, such as workers’ compensation, commercial property, and business owner’s policy.

Best for: Radiologists looking for a coverage option that can insure them outside the US

Average cost: $27 per month

Our rating: 9/10


AAPA Radiologist Insurance

Pros

  • This insurance protects you from costly lawsuits and expenses

  • It offers you peace of mind and minimizes the anxiety that may come due to legal issues

  • Will protect the reputation of your radiologist business in case of malpractice allegations

Cons

  • Provides coverage through a partner

American Academy of Physician Assistants (AAPA) protects you from liability that may arise from your profession. AAPA malpractice insurance is provided in partnership with CM&F.  You enjoy up to $2 million worth of coverage. 

Best for: Radiologists looking for comprehensive malpractice insurance

Average cost: $35 per month

Our rating: 10/10

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