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As a dental practice owner, you’ve invested time, money, and care into building your business. A business owner’s policy (BOP) is a powerful tool to protect that investment. A high-quality BOP combines essential coverages into a single, cost-effective package, simplifying your insurance strategy and fortifying your practice against risk.
As small to mid-size businesses, privately held dental practices can be lucrative targets for former employees who may feel disgruntled. According to the U.S. Chamber of Commerce 48% of employer practices liability claims are filed against small businesses. Small business only account for 20% of businesses in the U.S.
Quality malpractice insurance, designed for specifically dentists can make all the difference if you are sued by for malpractice. The average dentist faces a malpractice claim at least once in their career. In Washington, there is an increase in malpractice claims against dentists.
Keeping your dental care team satisfied is good for your patients and your bottom line. A strategic investment that can differentiate your practice is employee benefits. A good group medical plan keeps your team healthy and your production on point. At WDIA, we help dentists maximize their insurance dollars and get more for their teams.