Business Insurance FAQs

Get the answers to the most commonly asked questions about business insurance.

Have a question that we haven’t answered here? Don’t hesitate to get in touch. Call 1-800-769-2000, ext. 3808 or email submissions@ncmic.com.

Business Insurance FAQs

  • You cannot be covered under anyone else's insurance policy as an independent contractor. As an independent contractor you are a separate business entity and not considered an employee under someone else's liability insurance policy. In most cases you will need your own general liability or business owners' insurance policy to protect yourself and your practice, including any of your owned property.

    Claims Example: Sue Smith is a patient who trips and falls on a piece of frayed carpet in the office and breaks her arm. Sue Smith then names all doctors in the office (three total, all independent contractors) in a liability lawsuit for negligence. If there is a claim in the office where a third party is injured and you are named in a lawsuit as an independent contractor, any other doctors general liability insurance may not come to your rescue. It is always important to carry your own liability policy to protect your business as an independent contractor, LLC, or corporation.

  • Professional Liability covers you for the act of treating the patient. This provides coverage for any negligent act while treating the patient. This coverage is also referred to as malpractice insurance.

    General Liability protects you against exposures other than professional liability, such as bodily injury (slip and fall) and property liability (damages to rented premises).

  • Yes, your general liability policy or business owners' insurance will provide coverage for your temporary rented space.

  • Yes. You still may be liable in a work-related injury for negligence and medical expenses. A workers' compensation policy will provide coverage for you and your practice for both types of loss.

  • This provides coverage for your loss of income due to a covered claim while your office is being repaired. This coverage may also pay for any extra expenses related to the covered claim to continue services.

Customized Coverage Designed for Chiropractors and Naturopaths

Get a Quote

NCMIC Insurance Services is a licensed insurance agency. Insurance coverage is underwritten through many of the nation's leading insurance carriers. CA license #0B84564. In NY: NCMIC Insurance Agency. In MI: NCMIC Insurance Services Agency, Inc.

This website uses first party and third party cookies to improve your experience and anonymously track site visits. By visiting this website, you opt-in to the use of cookies. OK