Like all small businesses, optometry offices face very specific risks and have unique business insurance needs. When you invite patients and the general public into your business, anything can go wrong. You need optometrist office insurance to protect your assets when you are faced with property damage or injury claims.
Optometrist offices are subject to numerous property and liability risks that need to be addressed with optometrist office insurance. Unforeseen events can threaten your livelihood at any time if you do not have the right insurance coverage.
Optometrists often see elderly patients and others with impaired vision who are more susceptible to slips and falls. What’s more, patients with dilated pupils have temporarily reduced or blurry vision. The risk of falls, bumping into equipment, or other mishaps is greatly enhanced while these patients are in your office.
Optometry offices also have the same potential for experiencing property damage as any other business. Severe weather, fire, theft, and vandalism can damage your office space and equipment, and can even force you to close while you make repairs. How will you pay to repair or replace expensive optometry equipment that has been damaged or destroyed?
Working closely with an independent insurance agent, you can determine exactly what risks you have and find tailored optometry office insurance to address them.
If your office space is damaged by some unforeseen event, or if you are sued for injuring someone or damaging someone else’s property, the financial viability of your entire practice could be at stake. You must protect:
Using a variety of business insurance policies, you can protect your optometrist office from all of the unique risks you face. An independent insurance agent can help you learn about and purchase the following types of optometrist office insurance policies.
If you own a small to midsize optometry practice, you may be able to bundle your basic property and liability coverage together into a package policy designed for small business owners. This is called a business owners policy, or BOP.
You might also want to consider endorsements to your business owners policy or standalone policies that provide the following types of coverage:
An independent insurance agent can discuss your options and help you find coverage that is tailored for optometrists.
The cost of optometrist office insurance depends on several factors, including the size of your business and the types of policies you need to cover all of your unique risks.
With so many variables (e.g., number of employees, equipment of varying types and values, location and size of your building or office space, value of inventory on hand, etc.), business insurance costs will vary among optometrists.
An independent agent can work with you one-on-one to determine the types and amounts of coverage you need to protect your optometrist office from a variety of costly problems. Your agent can get quotes from multiple insurance companies so you can evaluate the cost and coverage options and make the best choice.
Our agents simplify the search process for finding the right optometrist office insurance. They’ll walk you through some handpicked policy options and explain the details and options.
Most importantly, they’ll be there for you when claim time comes. They know the ins and outs of the process and will make sure your claim is handled appropriately.
Online quotes can be tempting. They are fast and easy to get—but are they accurate? And are you getting quotes for the right coverage? For business owners, choosing speed over accuracy can cost you.
Online quotes can’t and don’t see the whole picture. They can leave out important coverage that will leave you devastated if something unexpected happens. And they can leave out cost-saving opportunities that an agent can help you take advantage of.
Instead of getting an online quote, find an independent agent now, and get one-on-one consultation and affordable options for the best coverage for your unique needs.