Pennsylvania Chiropractic Insurance (Quotes, Cost & Coverage)
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Frequently Asked Questions About
Commercial General Liability Insurance
How much does commercial insurance cost?
Costs can vary widely based on industry and are also determined by zip code and often payroll and/or gross sales. Request a free quote to get an exact number.
What kind of business insurance do I need?
Most business owners need General Liability Insurance at the very least. If you have any non-owner employees, you will need workers compensation insurance too.
What is a Certificate of Insurance?
A Certificate of Insurance is proof of coverage. It lists the type and amount of liability coverage you have and other policy information when a third party requests it.
Is business insurance tax deductible?
Yes. you can deduct the cost of commercial insurance premiums. The IRS considers insurance a cost of doing business as long it benefits the business & serves a business purpose.
Pennsylvania Chiropractic Insurance
Pennsylvania Chiropractic Insurance. Chiropractors treat neuromuscular medical conditions by manipulating the patient’s spine, either manually or with mechanical equipment. Chiropractic treatment is a form of alternative medicine that uses a holistic approach to managing a patient's overall health by focusing on the musculoskeletal system.
Corrections to problems in the muscles, joints, or bones can resolve many health issues. Straight chiropractic does not offer diagnostic services beyond spinal manipulation. Mixed chiropractic clinics add diagnosis and homeopathic products to their treatment options. Some patients view the chiropractor as a substitute for a primary care physician. Chiropractors are required to be licensed in each state.
Like other medical professionals, as a chiropractor, you need to make sure that you have comprehensive insurance coverage that prevents you from absorbing liability in your practice. Working as a chiropractor leaves you at risk from patients who file claims due to malpractice and other events.
While your job is to relieve pain, dissatisfied customers often file claims against their treating chiropractors, leading to loss of business, sullied reputations, and financial distress. This is why chiropractors need Pennsylvania chiropractic insurance.
Pennsylvania chiropractic insurance protects your practice from lawsuits with rates as low as $37/mo. Get a fast quote and your certificate of insurance now.
According to statistics, one out of every three medical professionals offering chiropractic services has faced a claim within the last year. If you find yourself among their ranks, you will want to have a good Pennsylvania chiropractic insurance policy in force. While many states require that all medical professionals have malpractice insurance, even in states that do not, this insurance is a necessity that you should not be without. Even if you work for an employer who offers coverage, it may not fully cover claims against you. The consequences that can result from being uninsured and practicing chiropractic medicine can be enormous.
The chiropractic field is growing by nearly 28 percent each year, with nearly 53,000 active chiropractors working in the field. By 2020, the BLS anticipates up to 15,000 new jobs in the field. As a chiropractor, you face inherent risks that are prevalent throughout the medical field and specific to your profession.
When determining whether or not you can afford Pennsylvania chiropractic insurance for your practice, the real question is whether or not you can afford not to have it. Without coverage, claims are directed to you personally, and you will be forced to face the claim and the potential financial loss on your own - all the while paying for your own legal counsel.
Chiropractic Malpractice Insurance
Even if you have a good reputation and have an excellent track record of satisfied patients, there is always the potential when you work with the public to encounter a patient who claims that you injured them during the course of chiropractic treatment. Even if the case is eventually dropped or the judge doesn't side with the plaintiff, you will still be out money for a legal defense and the time and effort spent fighting the claim.
Types of Coverage for Chiropractors
An professional agent can help you find the right level of coverage for your chiropractic practice and the risks specific to your job. The specific type of policy you purchase, its details, and its limitations all affect your business, whether you work independently or own your own office. Consider these Pennsylvania chiropractic insurance types when searching for a policy:
- General liability insurance. This type of insurance covers claims from patients who are injured while on the premises. It will also cover damage to patients when you visit them in their homes or pay for property damage due to your actions while making PA house calls. Choose insurance in appropriate coverage limits to ensure that you are fully protected.
- BOP coverage. A BOP policy is a business owner's policy that usually combines property insurance and general liability insurance into one umbrella. You can add additional coverage types and riders to this type of PA policy.
- Business interruption insurance. If your PA practice is shut down due to a covered event, this coverage pays for relocation to another facility, either on a permanent or temporary basis. It also provides you with lost income reimbursement.
- Worker's compensation. If you have people working for you, you are required to add worker's compensation as one of their benefits. Workers comp. protects PA employees who are injured or become ill at work due to a job-related issue.
Pennsylvania Chiropractor's Risks & Exposures
Premises liability exposure is moderate due to patients' access to the premises. To prevent slips, trips, or falls, all areas accessible to patients must be well maintained with floor covering in good condition. The number of exits must be sufficient, and be well marked, with backup lighting in case of power failure. Steps should have handrails, be illuminated, marked, and in good repair. Parking lots should be maintained free of ice and snow.
Maintaining a patient's privacy is critical. Examination rooms, check-in and checkout stations must be in private areas so one patient cannot view information or overhear conversations regarding another patient's' confidential information.
Products liability exposure may include the sales of ointments, herbal treatments, and nutritional programs. If the chiropractor has developed his or her own products, the exposure increases to that of a manufacturer.
Professional exposures are high. The exposure increases if the provider fails to conduct thorough background checks to verify employees' credentials, education, and licensing. The more types of procedures that are performed, the greater the chance of injuring a patient. Because electrical impulse machines are used in treatment, care must be made to prevent high dosage or over usage. X-ray machines should be safeguarded to prevent overexposure to the client and others.
While the straight chiropractor primarily handles spinal manipulation, the mixed chiropractor may become involved with diagnosis and unique treatments involving herbal remedies and other therapies. Investigations should be made into the types of treatments and other services offered. Finally, inappropriate touching and sexual misconduct must be considered.
Workers compensation exposure comes from contact with patients and from possible transmission of disease from a patient. Gloves and masks should be worn at all times when working around bodily fluids. Employees should have access to vaccinations to prevent diseases. Unruly or unpredictable patients can cause harm including strains, back injuries, and contusions. Because of the physical manipulation of the patient's body, arm and back injuries are common and the chiropractor can be accidentally struck by a patient.
Training and safety equipment should be in place to prevent exposure to radiation when performing X-rays. Since patient information and billings are done on computers, potential injuries include eyestrain, neck strain, carpal tunnel syndrome, and similar cumulative trauma injuries that can be addressed through ergonomically designed workstations.
Property exposure to fire and crime is very light. Ignition sources include electrical wiring, heating, and air conditioning systems, and overheating of equipment. All electrical wiring must be up to code and equipment properly maintained. Most property items are better covered with a physicians and surgeons inland marine floater. The business income and extra expense exposure is very low as operations can be quickly resumed at an alternate location.
Crime exposure is from employee dishonesty of both money and inventory. The potential for theft, directly or by means of identity theft, is great. Background checks should be conducted on all employees handling money. All ordering, billing, and disbursement must be handled by separate individuals. Monitoring must be constant.
Inland marine exposure includes accounts receivable if the chiropractor bills for services, computers, physicians and surgeons equipment floater items (which can include all office furnishings), and valuable papers and records for patients' information. Duplicates of all records and programs should be kept off site.
Commercial auto exposure is generally limited to hired and nonownership liability for employees running errands. If there are owned vehicles, all drivers should be licensed with acceptable MVRs. Vehicles must be maintained and records kept in a central location.
Comparing Quotes for Chiropractic Business Insurance
Working with an agent who is adept at understanding the nuances of the insurance industry as they relate to medical professionals is key to getting the right coverage for your PA chiropractic business. A seasoned agent knows the ins and outs of the industry, and he or she can recommend the right policy solution for your specific needs, the risks you face, and the potential hazards that apply in your line of work. Agents can also work with several companies to help you compare rates and find a Pennsylvania chiropractic insurance policy that meets your needs and budgets while keeping you fully protected from potential liability.
Pennsylvania Economic Business Outlook & Commercial Insurance Requirements
While you might have a fantastic idea for a business, if you aren't setting up shop in the right PA location, there's a good chance that you won't see the success that you hope to achieve. With that said, it's important that you have an understanding of the economic status of the state that you are thinking about doing business in. It's also important for you to know what type of rules and regulations regarding insurance are in place in that state.
If you are thinking about doing business in the Commonwealth of Pennsylvania, keep on reading to find out some valuable information that you can use to make the best choices for your operation.
Pennsylvania's Economy Now And Into The Future
In terms of the economy, Pennsylvania's future looks pretty bright. It boasts the sixth largest economy in the United States. It is also home to some of the largest private and public organizations in the nation, as per sales.
The job market is expected to see steady growth in Pennsylvania during the 2018 calendar year. That rate is expected to be 1 percent, which is a marked increase from previous years. This is largely due to the high pool of educated laborers that reside in the state. Currently the unemployment rate is 4.9 percent, which is on-par with the rest of the nation. It is believed that the unemployment rate will continue to drop as more jobs are added.
For business owners, there are several industries that will afford success. The food products industry, particularly related to agriculture, contributes largely to the state's economy. This is expected to continue moving forward throughout the 2018 calendar year. Other industries that are forecasted to see growth include:
- Printing & Publishing
If you are thinking about doing business in PA, working in one of these industries will likely afford you success.
Insurance Requirements For Businesses In Pennsylvania
The Pennsylvania Insurance Department regulates insurance in PA. Business owners are legally required to carry workers compensation insurance. This type of coverage is a must for any business that employs any W2 part-time or full-time employees, and for employees that are either hourly or salaried. You must also carry PA commercial auto insurance if you plan on using a vehicle to conduct anything related to your business.
While commercial liability insurance is not required in Pennsylvania, it is still a wise idea to invest in. This type of coverage will protect you from the cost of any lawsuits that could potentially arise.
Additional Resources For Health & Beauty Insurance
Learn about small business health and beauty insurance coverages that help protect tattoo artists, salons, spas, estheticians, cosmetologists, barbers, hairdressers, nail salons and more from legal liability.
- Barber Hair Dresser
- Beauty Salon
- Day Spa
- Diet Nutrition Services
- Massage Therapy
- Nail Salon
- Permanent Cosmetics And Microblading
- Personal Trainer
- Tanning Salon
- Weight Loss Center
The health and beauty industries help people look good and feel great about their appearance and health. Some of the most popular are:
Cosmetologists - typically can help people with hair styling, cosmetics, and manicures and pedicures.
Estheticians - are trained to work with clients to treat skin care issues.
Hair Dressers & Barbers - offer a variety of services such as; hair cuts, styling, perms, hair dying and highlighting.
Health Club - Gyms, fitness centers, and health clubs focus on promoting healthy lifestyles and active living.
Massage Therapy, Reiki & amp; Acupuncture - can help relieve stress and improve your clients health. Work can be done in a salon, medical office, or home based. Also in your client's homes.
Permanent Makeup & Microblading - Offers coverage for permanent cosmetics, pigment removal and lightening, lasers/IPLs, and needling/MCA.
Salons - Similar to spas, salons are offer customers beauty treatments, services and products.
Spas - Have more exposures for the risks of faulty equipment, products, or unskilled employees that can injure customers.
Tattoo - Tattoo parlor and body-piercing coverage is designed to address the specific risks of artists and their studio.
Yoga & Pilates - forms of exercise designed to improve mind, body and spiritual wellness.
Request a free Pennsylvania Chiropractic insurance quote in Aliquippa, Allentown, Altoona, Ambridge, Baldwin, Beaver Falls, Bellevue, Berwick, Bethel Park, Bethlehem, Bloomsburg town, Bradford, Brentwood, Bristol, Brookhaven, Butler, Camp Hill, Canonsburg, Carbondale, Carlisle, Carnegie, Castle Shannon, Chambersburg, Chester, Coatesville, Collingdale, Columbia, Connellsville, Conshohocken, Darby, Dormont, Downingtown, Doylestown, DuBois, Dunmore, East Stroudsburg, Easton, Economy, Elizabethtown, Ellwood, Emmaus, Ephrata, Erie, Franklin Park, Gettysburg, Glenolden, Greensburg, Grove, Hanover, Harrisburg, Hatboro, Hazleton, Hermitage, Huntingdon, Indiana, Jeannette, Jefferson Hills, Johnstown, Kingston, Lancaster, Lansdale, Lansdowne, Latrobe, Lebanon, Lewistown, Lititz, Lock Haven, Lower Burrell, McKeesport, Meadville, Mechanicsburg, Middletown, Millersville, Milton, Monessen, Monroeville, Morrisville, Mount Joy, Munhall, Murrysville, Nanticoke, New Castle, New Cumberland, New Kensington, Norristown, Northampton, Oil, Old Forge, Palmyra, Perkasie, Philadelphia, Phoenixville, Pittsburgh, Pittston, Pleasant Hills, Plum, Pottstown, Pottsville, Quakertown, Reading, Ridley Park, Scranton, Shamokin, Sharon, St. Marys, State College, Sunbury, Swissvale, Tamaqua, Uniontown, Warren, Washington, Waynesboro, West Chester, West Mifflin, White Oak, Whitehall, Wilkes-Barre, Wilkinsburg, Williamsport, Wilson, Wyomissing, Yeadon, York and all other cities in PA - The Keystone State.
Quotes from leading small business insurance carriers including: ACE, AmTrust, Chubb, Cincinnati, CNA, Colony, Employers, Evanston, Fireman's, Foremost, Guard, Hanover, Hiscox, Liberty Mutual, LLoyd's of London, Markel, MSA, Nationwide, Penn America, Philadelphia, Prime, Progressive, Scottsdale, The Hartford, Travelers, USLI, Utica First, Western World, Zurich & others.