PM Healthcare Protect©: Home Medical Equipment Providers
Home medical equipment (HME) and durable medical equipment (DME) providers serve an important role in keeping patients safe and comfortable. Providing the equipment and tools patients need for mobility, health monitoring, and respiratory health management, among others, exposes you to unexpected risks. PM Healthcare Protect policies help safeguard your business and career from these risks, so you can focus on providing the right equipment and offering helpful consultation advice
Professional Liability Insurance for Home Medical Equipment Suppliers
HME and DME providers who also offer consultation services are often exposed to more risks than they realize. Each time you help a patient understand and use their medical equipment, you could be at risk of a claim or lawsuit alleging improper care.
PM Healthcare Protect professional liability for HME providers helps protect you from claims and lawsuits brought against your work, even if the claim is unfounded. Professional liability may help you cover the cost to defend yourself, your career, and your professional licensing from claims against your professional scope of work, which might include:
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Bodily injury to patients when performing consultations or hands-on services, such as administering oxygen
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Claims that the equipment was defective or improperly set up
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Property damage that occurs when performing services or providing equipment
Who is Covered by HME and DME Professional Liability Insurance?
Professional liability, or malpractice insurance for HME and DME providers, includes coverage for a range of healthcare professionals, including:
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Nurses
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Respiratory therapists
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Physical therapists
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Orthotists
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Orthotic fitters
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CNAs
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Oxygen technicians
Business Insurance for Home Medical Equipment Providers
In addition to professional liability coverage, home medical equipment providers may need coverage for the operational side of their businesses. Whether you have a storefront or serve clients via in-home services, additional coverage can help protect your business from non-professional claims or risks.
PM Healthcare Protect policies offer an easy and convenient way to protect your business from these exposures.
General Liability and Commercial Property Insurance
General liability and commercial property coverage provide the foundation for operational support of your home medical equipment business.
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General liability insurance: This coverage helps protect you from claims or lawsuits related to non-professional liability risks, such as a customer slipping and falling in your store
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Commercial property insurance: This coverage protects your business assets and physical property, including your office or building, if owned, including office equipment, store display stands, and the medical equipment you offer
PM Healthcare Protect offers general liability and commercial property coverage in convenient bundled or packaged policies, making it easy to manage your operational business insurance in one place. Our experienced team of underwriters uses your business information to determine which coverage model makes the most sense for your coverage needs.
Additional Coverage Options
Additionally, optional coverage options can help you create a comprehensive insurance plan for your HME and DME business, such as:
- Cyber liability insurance: Helps cover the cost of data breaches or cyberattacks that could compromise sensitive data
- Employment practices liability: Protection for workplace-related claims involving hiring, termination, or employee management
- Workers compensation coverage: Provides benefits for employees injured on the job and may be required by state law
- Commercial auto insurance: Protects your business vehicles, such as delivery vans, from risks on the road
- Commercial umbrella coverage: Provides an extra layer of liability protection after reaching your limits on primary policies*
*Coverage options subject to availability and eligibility.
Why Choose PM Healthcare Protect?
With PM Healthcare Protect, you can be sure you're getting insurance that takes your industry and business model into account. Unlike generic business insurance, PM Healthcare Protect policies rely on our extensive experience protecting healthcare businesses to provide coverage that is designed for your unique needs.
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Over 115 years of experience protecting healthcare businesses and professionals
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Industry-tailored coverage that's designed for your unique industry risks
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Reliable, trustworthy claims support from claims handling professionals with decades of combined experience