How much does insurance cost for doctors and physicians?

The average cost of general liability insurance is about $30 per month, or $350 per year, for doctors and other healthcare professionals. This policy protects against patient injuries and property damage, along with advertising injuries.

Insureon’s licensed agents typically recommend purchasing a business owner’s policy, which bundles general liability insurance with commercial property insurance at a discounted rate.

Average cost per month: $30
Policy limit: $1 million per occurrence
Policy deductible: $500

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's general liability insurance cost analysis page.

Doctors pay an average premium of about $65 per month, or $795 annually, for a business owner’s policy. This policy bundles general liability insurance and property insurance, often at a discounted rate.

A BOP protects physicians against patient injuries and property damage, along with damage to your own business property. Because of its increased coverage and affordability, it’s the policy most often recommended by Insureon’s licensed agents.

Average cost per month: $65
Policy limit: $1 million per occurrence
Policy deductible: $500

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's business owner's policy cost analysis page.

Private medical practices pay an average premium of less than $85 per month, or $985 annually, for workers’ compensation insurance. This policy is required in almost every state for clinics that have employees. It can cover medical expenses and lost wages for work-related injuries and illnesses.

Learn how workers' comp premiums are calculated and more on Insureon's workers' compensation insurance cost analysis page.