The Hartford doesn’t offer podiatrist malpractice insurance online, but a local agency or Tivly may be able to help you find the coverage you need. The following content includes information from various sources and can change over time.
What Is Podiatrist Insurance?
Podiatry insurance is a collection of business insurance coverages designed to help protect podiatric practices from the specific risks healthcare providers face. These coverage options can help protect your business from claims of:
- Patient injury
- Property damage
- Equipment theft
- Errors or omissions
Why Do You Need Podiatry Malpractice Insurance?
Podiatry malpractice insurance can help pay your legal costs if you or your practice gets sued.
Even the most skilled practitioners can face unexpected malpractice claims. From treatment complications to a misdiagnosis, the risks you face are unique.
Podiatry malpractice insurance helps protect your business from the challenges that come with:
- Diagnosing and treating your patients
- Handling and storing sensitive patient information
- Performing surgeries and in-office procedures
You can get a quote from Tivly for the professional liability insurance coverage you need.
Who May Need Podiatrist Insurance?
Podiatry insurance is designed to provide extensive protection for podiatrists and other foot care professionals. This insurance can help protect you if you work as a:
- Podiatrist
- Foot and ankle surgeon
- Orthopedic foot specialist
- Podiatric medical consultant
-
Podiatric educator
What Type of Insurance Do I Need for My Podiatry Practice?
Many podiatrists have a Business Owner’s Policy (BOP) as the foundation of their insurance plan for the peace of mind it can provide. It includes three types of coverage to help protect your practice from claims of bodily injury, negligence or property damage.
A BOP includes:
General liability insurance to help protect your practice from claims that it caused bodily injury or property damage to others.
Commercial property insurance to help protect your owned or rented building, as well as tools, equipment, inventory and supplies you use to operate your podiatry practice. These can include:
- Surgical instruments
- Diagnostic tools, such as X-ray machines
- Foot molds and casts
- Sterilization equipment
- Treatment tables
- Dressings and bandages
Business income insurance to help replace lost income if you can’t operate your podiatry practice temporarily because of property damage caused by fire, theft or wind.
No two podiatry practices have the same needs or face the same risks. It’s easy for you to add other types of insurance to your BOP to close the gaps and create well-rounded protection for your business. These can include:
How Much Does Podiatrist Insurance Cost?
Although The Hartford doesn’t offer podiatrist insurance, here are the average costs our small business customers pay for common coverages, which you can use to help estimate your costs:**
- BOP: $1,687 a year, or about $141 a month
- Stand-alone general liability insurance: $810 a year, or about $68 a month
- Workers’ compensation insurance: $1,032 a year, or about $86 a month
General Liability Insurance
“A patient tripped over an area rug in our waiting room and broke their wrist. They sued my practice to pay for their medical expenses.”
General liability helps cover claims that your podiatry practice hurt somebody else. It can help cover their medical bills or your legal costs if you get sued.
Business Income Insurance
“A fire in the neighboring office caused extensive smoke damage to our practice, and we couldn’t see patients for weeks while the office was being repaired.”
Business income insurance can help you continue paying ongoing expenses like rent, payroll and utilities when your business is unable to operate because of property damage from fire, theft, wind or vandalism.
Workers’ Compensation Insurance
“One of my medical assistants developed carpal tunnel. He needed time off work and extensive physical therapy.”
Workers’ compensation insurance gives your team benefits to help them recover from work-related injuries or illnesses. It can help pay their medical bills and replace lost wages if they can’t work.
Professional Liability Insurance
“I performed a bunion surgery on a patient, but he sued my practice, claiming it caused even more damage to his foot.”
Professional liability insurance can help cover claims related to services your practice provided. It’s also known as malpractice insurance.
Commercial Property Insurance
“When an electrical surge from a storm fried my receptionist’s computer, we had to replace it right away.”
Commercial property insurance helps protect your business' equipment, furniture and inventory from loss or damage caused by events like storms, fires or vandalism.
Commercial Auto Insurance
“Our office manager was rear-ended on her way to pick up supplies. The company car needed extensive repairs.”
Commercial auto insurance can help protect you on the road if you’re driving a business-owned vehicle for work.
Podiatrists Malpractice Insurance
Get a quote for malpractice insurance from Tivly today.
** Costs, premiums, and coverages mentioned are estimates and are not guaranteed. Actual cost, premium, and coverage are determined at the time of quote or issue and are specific to an individual risk. Premiums are based on information provided to The Hartford, including, but not limited to, underwriting and rating criteria. All examples included on this website or in an advertisement are intended for informational purposes only and are not an offer or a guarantee of premium or coverage. Coverage and products described are subject to the terms and conditions found in the policy contract. Any educational information provided about available coverages does not modify the policy language or imply that any claim is covered. Products are not available in all states or for all businesses.
The Hartford does not currently have a product available to provide the coverage described on this page. You are being referred to Tivly in an effort to connect you with a carrier who may provide this coverage. This link will redirect you to a third-party website, owned and operated by an independent party ("Tivly"). Any link you make to or from the Tivly website will be at your own risk. Any use of the Tivly website will be subject to and any information you provide will be governed by the terms of the Tivly website, including those relating to confidentiality, data privacy and security. The Hartford and its affiliates (collectively "The Hartford") do not endorse or approve and make no warranties, representations or undertakings relating to the content of the Tivly website. The Hartford assumes no liability for loss, damage and any other consequence resulting directly or indirectly from your access to the Tivly website or any information that you may provide on the Tivly website.
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