What Insurance Does My Dental Practice Need?

Managing a dental practice goes beyond delivering quality patient care; it also means protecting your business from unforeseen risks. Having adequate insurance coverage is essential for protecting your financial assets and safeguarding your reputation. Consider these key insurance coverages or contact the team at Mikel's Insurance Services to discuss dental practice insurance today.

Professional Liability Insurance

Also referred to as malpractice insurance, professional liability insurance can provide financial protection for dental practices against claims of negligence, errors, or omissions in the care they provide. Even with scrupulous standards, mistakes can and do happen. Professional liability insurance can help manage the legal costs and settlements associated with claims.

General Liability Insurance

Especially important if patients or vendors regularly visit your office, general liability insurance can provide coverage for property damage or injuries caused to others at your practice. For example, if a patient trips and falls in your waiting room, this coverage can help pay for the medical costs and legal fees associated with the incident.

Property Insurance

Whether you own or lease your office space, property insurance can financially protect your physical assets, such as dental equipment, furniture, and computers, against damage caused by fire, theft, or natural disasters.

Workers’ Compensation Insurance

If your practice employs staff, workers’ compensation insurance is typically required by law. If an employee becomes ill or is injured in the course of their duties, this coverage can help with medical costs and wage replacement, while keeping your practice compliant with labor regulations.

Business Interruption Insurance

If your practice needs to shut down temporarily due to a covered event like a fire or flood, this coverage can help reimburse lost income and pay ongoing expenses such as payroll and rent.

Cyber Liability Insurance

Dental practices handle sensitive patient data. Cyber liability insurance can financially protect your practice against data breaches, ransomware, and other digital threats.

Employment Practices Liability Insurance (EPLI)

If an employee files a claim related to hiring, firing, discrimination, or harassment, EPLI can help cover legal costs and settlements. As your team grows, this coverage becomes increasingly important.

Dental Practice Insurance in Cerritos, CA

Every dental practice is unique, so your insurance needs may vary. Mikel's Insurance Services can help you build a policy package that fits your practice’s size, location, and risk profile. Contact us today for a personalized quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.