Dental

The Importance of Choosing the Right Dentist Office Insurance

Gerome was a talented dentist, and when he decided to go into practice by himself, he didn’t have problems finding a great staff. Gerome had many loyal patients and business was good for more than five years. However, one day a large storm hit the area, and he realized his dentist office insurance was not what he thought it was.

During summer in the Southeastern US, storms can appear without notice, and one Friday afternoon a sudden storm with torrential rains and high winds hit the region. It spawned a tornado which went over Gerome’s building and destroyed almost everything.

Gerome understood about insurance, and he had malpractice insurance and workers compensation for his staff. He also had sufficient general liability coverage. Yet, when it came to commercial building insurance, Gerome chose the wrong kind of insurance for his business because his coverage paid for the value of his commercial property and contents. It didn’t take into account the increased costs of replacing his structure. In fact, since Gerome bought the building, construction costs rose by more than five percent, so his replacement costs were more than $50,000 more than his insurance coverage.

This problem can easily be avoided when you make sure you have replacement cost coverage and not just coverage for the current value of your property. This is just one important thing to remember when you insure a dental practice.

What is Dentist Office Insurance?

Insurance for a dental practice is like insuring a medical practice or clinic. It’s important to make sure every risk factor of the business is covered. This includes patients, staff, and the commercial property. Even if you rent your building, you still need to make sure the contents are covered from losses.

What Does a Typical Dentist Office Insurance Policy Cover?

If you run a dentist or healthcare practice, a standard policy should include:

Dental Insurance Options

You may wish to consider these insurance options for your business:

Every Risk Factor is Covered

Insurance for a dental practice is like insuring a medical practice or clinic. It’s important to make sure every risk factor of the business is covered. This includes patients, staff, and the commercial property. Even if you rent your building, you still need to make sure the contents are covered from losses.

Complete Range of Products

We offer a complete range of insurance products to our clients. In fact, we have one insurer that specializes in dental office insurance. Whether you need personal, commercial, or life insurance, you can count on Oakbridge to serve all your insurance needs.

Making Sure You Get The Right Coverage

When you need dental office insurance, you can count on Grimes Insurance Agency to be there for you. As an independent agency, we have access to many insurers in the SE. We do all the hard work of comparing policies, rates, and options. We go over all your insurance needs and give you a policy customized to your business.

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