How Much Does Audiologist Insurance Cost? 2025 Rates

Audiology practices in the U.S. typically spend between $1,600 and $4,000 per year on comprehensive business insurance. That equals about $140 to $354 per month.

What Drives Premiums

Several factors influence how much coverage will cost:

• Services offered – Practices that provide specialized treatments, advanced diagnostic testing, or hearing aid fittings face higher liability risks than those offering basic consultations.
• Business size – Solo practitioners usually pay less, while larger clinics with multiple audiologists and staff face greater exposure and higher workers’ compensation costs.
• Location – Operating in urban areas, regions prone to natural disasters, or places with higher crime rates can raise premiums compared to lower-risk areas.
• Claims history – A clean record helps keep costs down, while past claims can increase rates.

Why It Matters

Understanding these cost drivers helps audiologists budget wisely and select coverage that matches their risks. With the right plan, they can protect their practice, employees, and patients without overspending.

How Much Does Audiologist Insurance Cost?

On average, audiologists spend between $1,600 and $4,000 annually on business insurance. That equals about $140 to $354 per month. These figures are only estimates, and the actual premium depends on the details of your practice.

Why Costs Differ

Every audiology practice faces unique risks. A small clinic with no employees that focuses on hearing loss consultations will typically pay less than a larger organization offering advanced services such as custom-fit or Bluetooth-enabled hearing aids.

Services And Risk Level

The type of services you provide plays a major role in determining costs. Practices offering complex procedures or hospital-based outpatient services often face higher liability risks compared to small private practices.

Property Value And Location

Where your practice operates matters. Audiologists in urban areas with higher crime or lawsuit rates often pay more for liability coverage. The size and value of your property, tools, and equipment also influence commercial property insurance premiums.

Key Cost Drivers

Several factors influence how much you’ll pay for coverage:

• Services offered – Impacts professional liability and cyber insurance.
• Number of employees – More staff increases workers’ compensation requirements.
• Property size and value – Larger offices or costly assets raise property coverage costs.
• Claims history – Filing past claims often raises premiums, while a clean record can lower them.
• Business interruption and add-ons – Extra coverage options add to the total bill.

Why This Matters

Understanding these variables helps audiologists estimate insurance needs more accurately and budget for the real costs of protecting their practice. With the right coverage, you can safeguard your business, employees, and patients without overspending.

Average Audiologist Insurance Costs For Coverage Types

When it comes to protecting your audiologist, different types of insurance cover different risks. Understanding the average cost, coverage details, and what influences pricing for each policy type can help you build a more effective insurance plan. Here’s a closer look at the major coverages most audiologists need.

General liability insurance: $140 per month

Business owner’s policy: $75 per month

Professional liability insurance: $56 per month

Workers’ compensation insurance: $38 per month

Commercial auto insurance: $146 per month

Commercial property insurance: $67 per month

Cyber liability insurance: $102 per month

General Liability Insurance

The average cost of general liability insurance for an audiologist is about $140 per month.

General liability covers third-party bodily injury, property damage, and advertising injuries. For example, if a customer slips on a wet floor and gets injured, this policy would help pay for their medical expenses and your legal defense costs.

Typical policy limits are $1 million per occurrence and $2 million aggregate.

Factors that influence the cost include the business type (your services), location, office environment (if clients frequently visit your office), contract requirements, and previous claims history.

Average annual premiums by state:

Note: These estimates are based on average national General Liability Insurance premiums for audiologist businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on practice size, patient volume, claims history, coverage limits, and insurer underwriting practices.

Business Owner’s Policy (BOP)

The average cost of a business owner’s policy (BOP) is about $75 per month for audiologists.

A BOP bundles general liability insurance with commercial property insurance. It protects against customer injuries, property damage, and loss or damage to your office building, furnishings, and equipment. For instance, if a fire damages your computers and files, the BOP would help cover repairs and replacements.

Typical policy limits are $1 million per occurrence and $2 million aggregate for liability, with separate property coverage limits based on the value insured.

Cost factors include the size of your business, location risk (such as flood or crime rates), business revenue, number of employees, and any optional endorsements like cyber protection as an IT audiologist.

Average annual premiums by state:

Note: These estimates are based on average national Business Owner’s Policy (BOP) premiums for audiologist businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on practice size, property value, patient volume, claims history, and insurer underwriting practices.

Professional Liability Insurance

The average cost of professional liability insurance for audiologists is about $56 per month.

Sometimes called errors and omissions, this type of insurance covers claims relating to errors, emissions, negligence, or other financial losses that a customer or client experiences because of the advice you gave. For example, if a client sues you for an oversight in the custom hearing aid you provide, this could cover the cost of any lawsuits or settlements.

Typical policy limits are $1 million per claim, but higher limits are sometimes required by state laws or client contracts.

Cost depends on the size of your business, the services you offer, the number of years you’ve been in business, coverage limits, and claims history.

Average annual premiums by state:

Note: These estimates are based on average national Professional Liability Insurance premiums for audiologist businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on practice size, patient volume, services offered (e.g., hearing aid fittings, diagnostic testing), claims history, coverage limits, and insurer underwriting practices.

Cyber Liability Insurance

The average cost of cyber liability insurance for audiologist companies is $102 per month.

Cyber liability insurance covers the costs an audiologist might incur after a cyber incident. This extends to lost income after a cyber attack, forensic investigations, data recovery costs, regulatory fines, and the costs of informing customers about the attack.

Audiologists can benefit from this coverage if they handle any sensitive data, or if they want to cover gaps in their insurance.

Costs are based on factors like the size of your organization, the type of client data you handle, and the cybersecurity measures you already have in place.

Average annual premiums by state:

Note: These estimates are based on average national Cyber Liability Insurance premiums for audiologist businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on practice size, patient data sensitivity (e.g., electronic health records, billing systems), claims history, coverage limits, and insurer underwriting practices.

Workers’ Compensation Insurance

The average cost of workers’ compensation insurance for an audiologist is around $38 per month.

Workers’ comp covers medical bills, rehabilitation, and lost wages for employees injured on the job. For example, if an employee trips and falls over loose cords, and breaks their ankle, workers’ compensation would cover their hospital visit and part of their lost wages while they recover.

Policy limits are regulated by each state, but typically include medical costs and a percentage of lost wages without a set cap.

Premiums are influenced by the size of your payroll, the type of work employees perform (whether in your office or on-site for each client), your claims history, and any implemented safety programs.

Average annual premiums by state:

Note: These estimates are based on average national Workers’ Compensation Insurance premiums for audiologist businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on payroll size, number of employees, claims history, practice operations, and insurer underwriting practices.

Commercial Auto Insurance

The average cost of commercial auto insurance for audiologists is about $144 per month.

Commercial auto insurance covers vehicles owned or used by the business for accidents, theft, vandalism, or damage. For example, if an employee causes an accident while driving to the office in a company vehicle, this policy would cover the damages and any third-party claims.

Typical policy limits are around $1 million combined single limit (covering both bodily injury and property damage).

Factors influencing the cost include the number and type of vehicles, how often they are used, the driving records of employees, and whether you add endorsements like hired and non-owned auto insurance (HNOA) for employee-owned vehicles used for company services like driving to and from off-site consultations.

Average annual premiums by state:

Note: These estimates are based on average national Commercial Auto Insurance premiums for audiologist businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on the number of vehicles, driving records, claims history, coverage limits, and insurer underwriting practices.

Commercial Property Insurance

The average cost of commercial property insurance for an audiologist, when purchased separately, usually runs $67 per month.

Commercial property insurance covers damage to the office building and its contents due to fire, theft, vandalism, or certain weather events. For example, if a fire destroys equipment like computers and machines for testing, this policy would pay for repairs or replacement.

Typical policy limits are based on the replacement cost value of the insured property, which could easily reach into the hundreds of thousands depending on your location, building size, and equipment investments.

Premiums are determined by factors like the building’s age and construction type, fire safety systems in place, replacement cost of equipment, neighborhood crime rates, and whether you add endorsements such as professional liability or cyber protection.

Average annual premiums by state:

Note: These estimates are based on average national Commercial Property Insurance premiums for audiologist businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on property value, office location risks (fire, theft, natural disasters), claims history, and insurer underwriting practices.

Audiologist Business Insurance Costs By Provider

Audiologist business insurance costs will vary greatly depending on the insurance carrier. Use the table below to find average costs across different providers.

Note: These estimates are based on average small business insurance costs for audiologists, typically including professional liability (malpractice/errors & omissions), general liability, property coverage, and workers’ compensation. Actual premiums will vary depending on factors such as clinic size, location, services offered, claims history, and coverage limits.

What Factors Impact Your Audiologist Insurance Costs?

Insurance premiums for audiologists are determined by underwriters who assess your practice’s overall risk profile. Several factors—from the services you provide to your claims history—play a role in shaping what you’ll pay for coverage.

Type Of Services

Not all audiology services carry the same risks. Practices offering basic hearing loss consultations typically face lower premiums than those providing advanced services such as custom-fit or Bluetooth-enabled hearing aids, which involve higher liability exposure.

Location

Where your practice operates matters. Audiologists in urban, high-crime, or flood-prone areas often pay more for property and liability insurance. Suburban or lower-risk regions may benefit from reduced rates.

Size Of The Operation

The number of employees, square footage, and annual revenue all affect premiums. Larger practices face greater exposure to liability claims and higher workers’ compensation costs, especially when staff travel frequently to client sites.

Property Value And Equipment

Specialized audiology equipment and custom furnishings increase commercial property insurance costs. Many practices also add cyber liability endorsements to safeguard sensitive patient data.

Claims History

Frequent claims signal higher risk to insurers, which can raise premiums. A clean record often qualifies practices for discounts.

Policy Limits And Deductibles

Higher policy limits provide stronger protection but increase premiums. Opting for a larger deductible can lower monthly costs, though it raises your out-of-pocket responsibility when claims occur.

Optional Endorsements

Coverage add-ons such as business interruption, cyber liability, or hired/non-owned auto insurance tailor protection to your needs but also increase overall costs. These are especially important for practices with off-site services or sensitive patient records.

Insurance Provider

Rates vary across carriers. Some specialize in healthcare-related risks and may offer better pricing or flexible options for audiologists. Comparing quotes across providers is one of the best ways to save.

How To Lower Your Audiologist Insurance Costs

Running an audiology practice can be costly, but your insurance premiums don’t have to overwhelm your budget. While coverage is essential, there are practical strategies to reduce expenses without sacrificing protection.

Bundle Policies Together

Combining coverage is one of the simplest ways to save. Many insurers offer a Business Owner’s Policy (BOP) that merges general liability and property insurance at a reduced rate. Adding workers’ compensation or professional liability insurance through the same provider can unlock further discounts while streamlining paperwork.

Ask About Discounts

Insurers often reward loyalty and upfront payments. You may qualify for reduced rates by signing a multi-year agreement or paying your premium in full instead of monthly installments.

Strengthen Safety Measures

Accidents drive up costs for both you and your insurer. Installing non-slip flooring, using wet floor signs, keeping walkways clutter-free, and servicing company vehicles regularly all help reduce liability risks. Fewer incidents mean fewer claims, which lowers premiums over time.

Build A Safer Work Environment

Workers’ compensation costs can be managed by focusing on employee safety. Training staff on fire safety, maintaining clear emergency exits, and enforcing safe workplace practices reduce injuries. When fewer claims are filed, premiums stay lower.

Adjust Your Deductible

Opting for a higher deductible is a straightforward way to lower monthly premiums. Just ensure your practice can comfortably cover the out-of-pocket amount if a claim arises.