Podiatrist Insurance

General Liability Insurance Includes:

• Premises Liability – Premises liability is an important part of a podiatrist’s general liability policy, because you have a lot of people going into and out of your offices each day. If a client or visitor has an accident while they’re there, they may injure themselves and sue your company for the expenses that arise. Premises liability pays for the client’s medical bills that are caused by the accident. It also pays for repairs to personal property if there are accidents on your premises that damage it.
• Products Liability – If you sell products in your podiatrist office, and those products are found to be defective, your customers may sue you for damages. Products liability helps pay for your legal defense costs and pays for injuries, damages, settlements or other awards that may arise.
• Completed Operations – Sometimes problems don’t arise until after you have finished providing services to your patients. When the patient feels that your services caused them harm, they may sue your company. Completed operations insurance pays for your litigation expenses and pays for the related settlements or awards.

Business Owners Insurance Policy

A business owners policy, or BOP, includes general liability insurance by default in addition to giving you several other layers of business insurance protection. A BOP ensures that your company has direct protection for its assets. This insurance can include coverage for tangible assets like your medical machines and office equipment, or intangible assets like your company’s payroll or digital client files. A BOP is easily tailored so that you’re only paying for the coverage your company actually needs. Coverage examples include:

• Buildings and Contents
• Business Income and Extra Expense
• Electronic Data
• Newly Acquired or Constructed Buildings
• Employee Dishonesty Coverage