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4 Reasons Why Physical Therapists Need Small Business Insurance

Can you remember when you decided to become a physical therapist? Maybe it was during the anatomy unit in biology class. Maybe you knew someone who was a physical therapist and they really loved their job. Whatever your reason, becoming a physical therapist was the best decision you ever made.

You work with clients ranging in age and physical condition and have met some interesting characters. In your work you have helped a young athlete regain their footing through exercise training and electrical stimulation. You have watched as an older client has battled through arthritic pain to be able to walk his daughter down the aisle. Your career has been beyond rewarding, but one slip and fall could take it all away.





Business insurance for physical therapists protects your practice when a what-if situation becomes a reality.

You need business insurance. Here are four reasons why:


A burglar broke into your office and stole exercise equipment

Gym and rehab equipment are costly. Many new business owners have to take out a loan to flush out their practice properly. Without exercise equipment, you cannot properly or thoroughly train your clients. If a burglar breaks into your practice and steals or damages equipment, you will be forced to pay for the damages out of pocket. A small business property insurance policy will cover the cost of damages to the office and the equipment, helping you to rebuild the practice without going bankrupt.

A front desk staff member opened a phishing email

Being that it’s the 21st century, you keep all of your client’s information stored in electronic files. When going through emails one morning, the front office receptionist opened a phishing email, locking users out of the system and stealing private client data. According to Dark Reading, more than half of cybercrime-affected organizations say that a breach occurred due to the negligent behavior of an employee.

A cybersecurity protocol partnered with a cyber insurance policy will pay for any damages that ensue as result of the hack and will strengthen your network against another attack.

A client loses their balance and falls, spraining their wrist

While performing a balancing exercise for strength training, the client fell onto their wrist, spraining it. If someone is hurt in your office you are responsible for the injury. General liability insurance covers the costs of medical visits. Having this type of plan will demonstrate to your clients that you care about their well-being and will pay for their injuries should the occasion call for it. Having small business insurance will look like a loyalty program.

While performing an exercise, the client accidentally drops their cell phone, cracking the screen

As it so happens, general liability insurance pays for third-party broken equipment too. If a client drops their phone, steps on it and crushes the screen during an appointment with you, your small business insurance policy will cover the cost of a repair or even a replacement.

A lot can happen during a day filled with physical therapy appointments. Make sure you have it covered with small business insurance. Get a free quote with CoverHound today.

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