Orlando, Fla.—We all know that essential services often come with complex risks. Ambulance Services are not the exception, as air and ground ambulance services have unique professional and general liability loss exposures. Non-emergency ambulance services, as well as ambulette, municipal and start-up ambulance services also face these unique exposures.
Professional liability insurance, also commonly referred to as errors & omissions coverage, is the service equivalent to product liability insurance. It protects you financially in the case of a claim against you for negligence, errors, omissions, or wrongful acts in the performance of your duties. It includes coverage for malpractice, errors, and omissions.
An Ambulance Services Professional Liability coverage protects your business and your employees from litigation involving your activities as medical professionals. It covers your emergency medical technicians, paramedics and other medical licensees, excluding physicians. Your medical director is also covered. The wide coverage includes a large array of liability exposures which includes:
- Providing Medical Services
- Furnishing or Dispensing Drugs, Medical or Surgical Supplies or Appliances
- Ambulance or Medical Transportation Services (including loading and unloading)
- Dispatching Services
Other types of coverage available may include:
- Claims made professional liability
- Separate general liability on an occurrence basis
- Incident trigger
- Sexual abuse and molestation allegations
- Prior acts and extended reporting (available)
- Worldwide coverage (as long as the claim or suit is brought in the US)
- First dollar coverage or low deductibles (available)
An Ambulance policy will provide you the coverage needed to protect your business and operations. Commercial Auto Liability is the must-have insurance coverage for any transportation business owner for all their company vehicles. Commercial automobile liability insurance provides protection for accidents and injuries your employees incur in one of your own vehicles, in addition to the bodily injury and property damage sustained by others involved in the accident, if you of your employees are at fault.
It is imperative that your ambulance services and paramedics are fully covered with the appropriate level of insurance, that is designed to not only protect your people and business, but to also ensure that you are fully compliant with the most recent legislation.
What Other Types of Insurance Protection May Ambulance Service Businesses Need?
Commercial Auto
Commercial Auto Insurance covers your cars, trucks, and vans used in your business. It covers the costs from vehicle damage in collisions, theft, vandalism and weather damage. It also covers medical expenses for to injured parties.
General Liability
General Liability Insurance protects your small business against claims of third-party bodily injury and property damage, brand or business reputation damage, and advertising injury. It covers medical bills, repair costs & legal fees.
Workers Compensation
Workers Compensation covers your employees' medical costs and lost wages while recovering from a work-related injury or illness. The employee gives up the right to sue your company in return for receiving cash and benefits from Workers Compensation. In some states it’s mandatory for businesses!
Inland Marine
Covers your products, materials and equipment that are transported over land (truck or train), or while they're in a warehouse. If involved in a collision, mishandling or cargo theft, Inland Marine Insurance covers the transported goods.
NEMT Insurance is licensed in many states like Alabama, Florida, Georgia, Illinois, North Carolina, South Carolina, Tennessee, Utah, Virginia, Oklahoma, and Texas. Our Florida location has served the insurance needs of our local Medical Transportation community for over 12 years by offering a full spectrum of business insurance services for owners/operators and small to large fleets. We represent a wide range of transportation insurance carriers, catering to the individual needs of our clients.
Contact us at (407) 286-5320 or visit us online at NEMT Insurance to request a quote.