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The work you perform has needs particular to the dental industry. In addition to the standard office equipment, your patient rooms contain highly specialized equipment. Items like X-ray machines, dental chairs, lights, sterilization equipment, and more are all quite costly to replace. It's important to consider an insurance policy that covers the needs of your dental practice.
Dentists often have visiting practitioners come in to help cover vacations or extended illness. Conversely, you may work in another office to fill in for someone else. In these circumstances, you need to be sure your insurer knows where you are and who is working in your office.
Accidents can happen. Patients may also believe they have been treated improperly and, if they file suit or report you to the licensing board, you'll need to defend yourself. Attorney fees can add up quickly, and if damages are awarded, you could be ruined financially if your practice is not properly insured. Basic dental office insurance policies generally don't cover malpractice. Depending on the work you do and the population you serve, your needs could be different as well.
Dental malpractice insurance may provide coverage for court costs and legal fees related to dental malpractice cases and settlements.
The cost of dental malpractice varies depending on the location of your practice, as well as the period of time that your practice has been operating for.
As specialized as your business is, you still need to have basic insurance coverages essential to businesses of all types. You may want to consider general liability, employee practices liability, cyber liability, and business interruption insurance, among other policies. By understanding the risks you face, you may find policies to help protect the specific needs of your dental practice.
Your dental practice needs insurance coverage for its employees, too. Workers' compensation insurance provides coverage in the event an employee is injured on the job. Hygienists, dentists, and dental assistants face an increased risk of injury based on the tools they use and their close proximity to patients. If you have contract workers in your office on an intermittent basis, you'll need to know what obligations you have to provide coverage for them as well.
Are you interested in learning more about dental office insurance policies that may benefit your dental practice? Contact us to discuss the needs of your dental practice and your coverage options.