A lot of states mandate that you have professional liability coverage, but some do not such as Arizona and other states put capped limits on claims. Whether dental liability insurance is required or not, it is essential to have. An $11,000 lawsuit will set you back a bit. And two or three could possibly put you out of business, depending on the settlement or judgement terms.
Upon acceptance of a policy, you receive a certificate of liability insurance. This is your receipt/proof of insurance coverage and can be required by local and state enforcers, or even for applications to get into other organizations.
For both scenarios, professional liability insurance is definitely important to have. HMBD Insurance Services and Fortress Insurance Company deliver superior packages for great protection against malpractice experiences and will also help save your budget from unforeseen circumstances.