Top Rated Physical Therapy Liability Insurance
Affordable professional & general liability insurance for physical therapists starting at $7.41/Month (paid annually). Policy options include full-time & assistant options in addition to self employed rates & employed rates.
24/7 Portable Coverage Including Telehealth
Occurrence-form coverage
Safe and secure online checkout
500+ modalities covered including yoga, massage and more
How Much Does Physical Therapist Insurance Cost?
At most insurance companies the cost of insurance for physical therapists depends on several factors, including the number of hours they work, if they are a full-time employee and so much more. At NACAMS, we provide upfront pricing so our customers can make an informed decision without the hassle of quotes or needing to add expensive additional coverages. Get what you need under one easy checkout process.
Self Employed
Starting at
$249
Employed
Starting at
$89
Student Policy Notice: to be eligible for the student policy, you must be currently enrolled in your first certification program. Pro tip: students can buy the $60 student insurance policy from NACAMS on the last day of their program, and that policy is good for the next 364 days, even if you are providing services full-time!
Why Do Physical Therapists Need Insurance?
Physical Therapists work one on one with patients to improve or regain physical abilities. It is because of this hands on nature of the business that physical therapists are open to lawsuits against them even if they work for a company or healthcare provider.
Physical therapy liability insurance helps protect from the financial responsibility of a liability lawsuit. Liability insurance claims could stem from injuries, accidents, or even alleged negligence. These situations could damage a physical therapist's reputation or devastate their career and finances.
Comprehensive Coverage for Physical Therapists:
Physical therapists may accidently contribute to harm or injury to a client. This would be considered malpractice leaving the instructor held liable. Professional liability insurance can help cover legal expenses and potential settlements in such cases, with coverage options up to $2 million per claim.
In many office environments, there's a risk of clients slipping, tripping, or falling, potentially leading to injuries. Physical therapy insurance provides general liability coverage in case a client is injured due to such incidents while they are in your care. For example, if a client falls off a stationary bike under your care, you may face potential lawsuits with hefty fees.
Liability insurance can help protect instructors if a client experiences negative consequences from a product used in the office e.g. cleaning products. Within professional & general liability insurance, we can help cover medical costs if someone were to sue due to an allergic reaction.
In today's digital age, personal information security is paramount. NACAMS physical therapy insurance provides coverage for identity protection, safeguarding you from the consequences of identity theft. Should your personal information be compromised, leading to fraudulent activities or financial loss, this coverage steps in to offer financial assistance and support to help restore your identity and mitigate the resulting damages.
Therapists might communicate their practices through various channels, including online platforms. If a teacher's statements about their training or services are perceived as libelous or slanderous by a client, fellow student, or instructor, liability insurance can offer protection against potential legal claims.
What Does A NACAMS Policy Include?
While other insurance providers may charge extra for additional coverage, NACAMS includes everything in a single policy. In other words, your policy runs the gamut of protective liability coverage. Liability insurance is an investment every professional should make to keep their financial assets protected.
What Is The Difference Between Claims Made And Occurrence Form Coverage ?
Understanding occurrence and claims made coverage can significantly impact how and when you're able to report a claim on your liability insurance. Understanding the nuances of each type can help you make an informed decision about which is right for you.
What is Claims Made Coverage?
Claims made coverage allows you to report claims only while your policy is active. This means if an incident occurs within the policy period, you must also report the claim while the policy is in force. For example, if you let your policy lapse and months later face a lawsuit for an event during the coverage period, the policy won't cover you unless you’ve purchased an Extended Reporting Endorsement, commonly referred to as "Tail Coverage." This endorsement allows you to file claims even after the policy has expired, offering some additional protection.
What is Occurrence Coverage?
Occurrence form coverage provides a broader scope of protection. It covers any incidents that happen during the policy period, regardless of when the claim is filed. This means you're protected for incidents that arise while the policy is active, even if they are reported years later. Essentially, it includes built-in tail coverage, offering peace of mind without the need for an extra purchase.
Key Considerations for Choosing Coverage:
- Claims Reporting: Consider how likely it is for claims to be reported after the policy period ends. If your profession is prone to delayed claims, occurrence coverage might be more suitable.
- Policy Costs: Typically, claims made coverage starts cheaper but can grow more expensive over time, especially with tail coverage. Occurrence policies often have a consistent premium, reflecting their extended protection.
- Long-term Needs: If you anticipate business changes, like retiring or switching professions, occurrence policies might provide more long-term security without needing to manage additional endorsements.
NACAMS liability insurance policy is occurrence form, the industry's top choice for long term peace of mind.
Disciplines And Modalities We Cover
If you've been in and around physical therapy for any length of time, you know that a healthcare professional often wears many hats. At the very least, you likely have multiple disciplines within your physical therapy practice. That's why we include coverage for over 500 modalities with every policy.
If you've learned a new skill, there's no need to add it to your policy because it’s likely already covered. In fact, we encourage our members to broaden their horizons and take on new skills and endeavors.
- Massage
- Yoga
- Cosmetologists
Aerobics
Apparatus (Pilates)
Aqua Fit
Aquatic
Barre
Biodanza
Body Beast
Cardio
CardioCore
Children's Fitness
Circuit Training
Cize
Cross Training
Curves
Dance Instruction
Dancercize
Exercise
Group Fitness
Gyrotonic
Instruction (Pilates)
Kickboxing (non-contact)
Les Mils Programs
Mat (Pilates)
P90X
Personal Training
Pilates
Pilates- Apparatus
Pilates- Instruction
Pilates-Mat
Spinning
Interplay Movement
Occupational Therapy
Occupational Therapy Assistants
Physical Therapy
Physical Therapy Assistants
Zero Balancing
Why Should You Choose
Physical Therapy Insurance From NACAMS?
With the comprehensive coverage, outstanding price, and reliability NACAMS brings to the table, we believe we offer one of the best policies out there. But we think our members actually have said it best. We’re proud our members have given us an “excellent” rating on Trustpilot. Here's what real members say about their NACAMS experience:
Included Member Benefits
But wait, there's more! With NACAMS, you get access to exclusive member benefits that will make your journey even more rewarding.
Portable Coverage
Plus, our student insurance covers you not only during your school activities but also during in-clinic and outreach programs. It's like having a safety net supporting you every step of the way.
Annual Policy
Purchase a policy at $179 once per year to protect your financial and personal assets.
What Is Physical Therapy?
Physical Therapy (PT) is a form of rehabilitative health that uses specialized exercises and equipment to help patients improve or regain their physical abilities. PT is useful for many people, including infants born with certain types of birth defects, adults suffering from back pain or sciatica, as well as elderly patients who may have suffered from a stroke.
Physical Therapists can instruct patients on how to prevent or manage their illness or medical condition, so that they can live healthier lives. PTs examine each patient or individual in order to develop a plan, using techniques to promote the ability of movement, restore function, prevent disability, and reduce pain.
Physical therapists provide care for people in a variety of settings, including private practices, hospitals, outpatient clinics, home health agencies, outpatient clinics, sports and fitness facilities, schools, nursing homes, and small businesses. It is because of this variety of settings and direct personal care that professional liability insurance is imperative for physical therapists.
Get Insured in Under 5 Minutes!
What Is The Best Physical Therapy Liability Insurance?
NACAMS is rated excellent by independent review site Trustpilot and backed by Institute of Personal Trainers. This policy is the best option for therapists looking for comprehensive physical therapy insurance offering professional and general liability insurance + coverage for things like identity theft, allergic reactions, and slander, all for one low annual cost. Buy a policy.
Frequently Asked Questions
You may be thinking, “With all these benefits and coverage limits, this is going to be expensive.” You may be surprised to learn that a physical therapist liability insurance policy with NACAMS starts at just $179 per year.
Yes, within your NACAMS physical therapy insurance policy you are covered for in-person sessions and online sessions.
Yes, your insurance policy goes with you when you move offices or states! While you don’t have to sweat the coverage traveling with you, you will need to note additional business in your policy if you frequently move between new places. If you begin a new job, you don’t have to start the entire application process again. Simply contact our team to let us know about the change.
We strive to make it simple for our policyholders. When you sign up for a year or two of coverage, you have that coverage no matter where you go within the United States. Your career is not limited by state or your current job.
Unlike claims made insurance, which requires a claim to be filed within the policy term, occurrence form coverage does not require a claim to be made within the policy term. So long as an incident occurs within the policy life, an occurrence form policy could still be eligible for coverage.
Whether you stick with NACAMS for your whole career or find coverage elsewhere, your occurrence form protection carries over for incidents that took place while your policy was in effect. With peace of mind that we've got you covered, there's nothing to stress about with your policy.
If you're ready to take the next step in your physical therapy career, our team is here to help. Whether you complete an online registration or call an agent with more questions, we'll guide you through the ins and outs of your policy.
Purchase physical therapist liability coverage online today and experience the peace of mind that comes with comprehensive protection.
The "per occurrence" limit is the maximum amount your insurance provider will cover for a single incident or claim within the policy duration. On the other hand, the "aggregate" limit refers to the total amount the insurer will pay out across multiple claims during a single policy term, typically a year.
Yes, you can add additional insured to your liability policy. This flexibility is available both when you first purchase the policy and any time afterward. Whether you're in the process of obtaining new coverage or already have a policy in place, adding additional parties is straightforward and can be tailored to your needs.
If you need to add an additional insured post purchase please call (888) 963-1472