Primary Care Practice Insurance: What Coverage Do You Really Need?
- Nate Jones, CPCU, ARM, CLCS, AU
- 7 hours ago
- 2 min read
Running a primary care practice comes with financial and legal risks. Protecting your clinic, staff, and patients is crucial, and having the right insurance coverage ensures your practice can operate smoothly even in unexpected situations.
This guide outlines the key insurance policies every primary care practice should consider, why they’re important, and how to get coverage tailored to your needs.
Why it’s essential: Medical malpractice insurance protects physicians and staff against claims of negligence, misdiagnosis, or treatment errors. It’s often the most critical coverage for a primary care practice.
Key points:
Covers legal fees and settlements
Required by most hospitals and insurance contracts
Cost depends on state, specialty, and claims history
Why it’s essential: This policy covers incidents like slips, falls, or property damage within your clinic. Even with strict safety protocols, accidents can happen.
Key points:
Protects your clinic from third-party injury claims
Covers legal defense and settlements
Helps maintain business continuity
Why it’s essential: Covers physical assets, including office space, medical equipment, computers, and furniture, in case of fire, theft, or natural disasters.
Key points:
Protects your investment in expensive medical equipment
Often required if you lease or finance equipment
May include coverage for data or office contents
Why it’s essential: Electronic health records (EHRs), telehealth systems, and patient portals store sensitive patient information. Cyber liability insurance protects against data breaches, ransomware attacks, and HIPAA violations.
Key points:
Covers legal fees, notification costs, and fines
Essential for telehealth-enabled practices
Supports risk management for digital operations
Why it’s essential: Required in almost every state if you have employees. It covers medical expenses and lost wages if staff are injured on the job.
Key points:
Protects employees and your business
Required by law
Can help prevent lawsuits related to workplace injuries
Why it’s essential: If your practice uses vehicles for business purposes, this insurance covers accidents, liability, and property damage.
Key points:
Protects vehicles used for patient transport, outreach, or deliveries
Required for business-owned vehicles
Can include medical transport coverage if applicable
Why it’s essential: Covers claims from employees related to discrimination, harassment, wrongful termination, or retaliation.
Key points:
Reduces legal and financial exposure
Supports HR risk management
Especially important for growing practices with multiple staff
Protect Your Practice with Wexford Insurance
Choosing the right insurance coverage is essential to protect your practice from risks that could disrupt operations or threaten financial stability. Wexford Insurance specializes in customized insurance solutions for healthcare providers, ensuring you have the right protection for your primary care clinic.
Final Thoughts
Primary care practices face unique challenges, from patient care liability to digital security risks. By investing in comprehensive insurance coverage you safeguard your clinic, staff, and patients.
Contact us today.
