How much does insurance cost for physical therapists?

Physical therapists pay a median premium of $55 per month, or $655 annually, for a business owner’s policy. This policy bundles general liability insurance and property insurance, often at a discounted rate.

A BOP protects physical therapists against patient injuries and property damage, along with damage to your own business property. Because of its increased coverage and affordability, it’s the policy most often recommended by Insureon’s licensed agents.

Median cost per year: $655
Policy limit: $1 million per occurrence
Policy deductible: $500

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's business owner's policy cost analysis page.

The median cost of general liability insurance is less than $35 per month for physical therapists, or $400 per year. This policy protects against patient injuries and property damage, along with advertising injuries.

Insureon’s licensed agents typically recommend purchasing a business owner’s policy, which bundles general liability insurance with commercial property insurance at a discounted rate.

Median cost per year: $400
Policy limit: $1 million per occurrence
Policy deductible: $500

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's general liability insurance cost analysis page.

Physical therapy practices pay a median premium of $55 per month, or $660 annually, for workers’ compensation insurance. Almost every state requires physical therapy clinics that have employees to purchase this policy. Workers' comp cover medical bills and partial lost wages for work-related injuries and illnesses.

Learn how workers' comp premiums are calculated and more on Insureon's workers' compensation insurance cost analysis page.