Dentist Professional Liability Insurance

Dentist professional liability insurance also known as errors and omissions insurance for dentists an insurance coverage that provides financial protection to dentists in the event they cause damages, losses, or bodily injury to clients or third parties as a result of their negligence, errors, or mistakes.

This insurance kicks in to pay for damages only if the cause of damages are covered by the policy.

 

 

Dentist Professional Liability Insurance

 

 

Protect Your Dental Practice With Dentists Professional Liability Insurance

Dentists are always going to be in high demand in the Ontario area. The profession not only offers many exciting opportunities, but it really gives you a chance to help people. Whether you are pulling an achy tooth or installing a new pair of dentures, you are truly helping someone.

Of course, being in such a competitive and high demand profession comes along with a lot of risks. These are risks that you and your employees will have to face on a daily basis. And, dentists insurance can offer some of the protection that you need by providing financial protection.

 

Why Dentists Insurance Is Important

Accidents and mistakes can happen at anytime. It doesn’t matter how confident or well trained you are. Every time you are operate on a patient or your employees are operating on clients, there is always a chance that something can go wrong.

If you are pulling a tooth and accidentally crack another tooth during the process? What if you pull a tooth and the customer doesn’t properly care for it and it becomes infected and leads to the need of surgery? Even though this isn’t your fault, you could be sued.

The patient could claim that you did something wrong when pulling the tooth that resulted in the infection. These are all real possible situations and this is where professional liability insurance for dentists can offer the relief that you need.

The policy will not only pay for the medical expenses that the customer incurs, but it will offer you the financial protection against lawyer fees and court costs. The policy will also protect your employees in the same manner that it protects you.

Keep in mind, the coverages mentioned above must exist on your policy for you to be protected. Make sure to ask your broker about policy wordings!

 

 

dentist and his assistant doing a routine checkup on a patient in the clinic

 

 

What Do Dentists Pay For Dentists Liability Insurance

You can see that this insurance is imperative to protecting your dental practice. So, now the only question is how much does it cost. This is where things get tricky. Every dentist in the Ontario area will pay a different amounts for their insurance policies. And, this is because insurance providers in the area base their fees on certain factors.

These factors might include the number of employees that you have, the types of procedures that you perform, the number of claims that you have filed in the past and even how long you have been in business can play a factor. That being said, most dentists will pay anywhere from $300 to $1,000 a year or higher for coverage.

 

What Is The Proper Amount Of Coverage For Dentists Professional Liability Insurance?

Getting the right amount of coverage is another thing that needs to be considered. You will find that insurance providers offer different amounts of coverage per claim. This basically just means how much the insurance will pay before you have to start paying out of pocket. If you lose one of these lawsuits it could be tens of thousands of dollars or more. And, this is why any average sized dental practice should consider at least a 2 million dollar policy.

 

Let Us Provide Your Insurance

We work with a number of dentists in Ontario and provide them with the policies that they need to protect their practices to the fullest. We also offer commercial general liability insurance, which will cover lawsuit fees and medical expenses in the event that someone is injured on your premises.

Since you will have customers constantly in and out of your office, you are going to need this coverage as well. Get in touch with our brokers to get some free quotes and find out what else we can offer you.

 

 

 

 

 

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