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As clinical psychologists are the most common type of psychologist, we thought it would be a good idea to talk more about the types of business insurance coverage that are available to clinical psychologists as well as why carrying different forms of business insurance are a good idea. The most familiar type of clinical psychologist business insurance coverage is malpractice insurance, also know and professional liability and errors and omissions, or E&O for short. Malpractice insurance is by far the most important coverage that a clinical psychologist can carry, as it is of course meant to protect the psychologist against claims of malpractice from clients/patients. General liability insurance is the next most common type of business insurance carried by clinical psychologists, as it is meant to protect against claims such as “slip and fall” in the psychologist’s office or place of business. Other less common but also important types of insurance that may be of use to clinical psychologists are cyber liability insurance and workers compensation insurance, among others. Please see our Insurance For Psychologists page for more in depth information regarding business insurance for psychologists, along with the ability to obtain a real time quote online and even purchase coverage all in as little as 5 minutes. Please also feel free to contact us with any questions.
