How Much Does Nurse Insurance Cost? 2025 Rates

Nurses in the U.S. typically spend between $600 and $720 per year on business insurance. That equals about $50 to $60 each month.

What Drives Premiums

Several factors influence how much coverage will cost:

• Specialty – A nurse providing advanced or high-risk care may pay more than one offering general services.
• Coverage limits – Higher limits provide stronger protection but increase monthly payments.
• Location – Operating in busy cities or high-risk regions tends to raise premiums compared to quieter areas.
• Experience – More seasoned nurses may qualify for lower rates, while newer practitioners often pay more.
• Claims history – A clean record helps keep costs down, while past claims may raise rates.
• Employment status – Self-employed nurses often pay differently than those working within a larger practice or hospital.

Why It Matters

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

How Much Does Nurse Insurance Cost?

On average, nurses spend between $600 and $720 annually on insurance. That equals about $50 to $60 per month. These figures are only estimates, and the actual premium depends on the details of your role and practice.

Why Costs Differ

No two nurses face the same risks. A part-time nurse working in a low-risk environment such as a school may pay far less than a full-time nurse in emergency care or one performing high-risk procedures.

Key Cost Drivers

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

• Claims history – Filing past claims often raises premiums, while a clean record can lower them.
• Property size and value – Larger offices or expensive medical equipment increase commercial property insurance costs.
• Number of employees – More staff means greater liability exposure and higher workers’ comp expenses.
• Business interruption and add-ons – Extra coverage options add to the total bill.

Specialty, Patient Contact, and Location

Your specialty, level of patient interaction, and where you work all matter. Nurses in high-risk roles or regions with frequent lawsuits often pay more for liability coverage. Those running their own practice or offering advanced care may also need higher coverage limits, which increases costs.

Why This Matters

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

Average Nurse Insurance Costs For Coverage Types

When it comes to protecting yourself as a nurse, different types of insurance cover different risks. Knowing the average cost, what each policy covers, and what affects the price can help you choose the right insurance plan. Here’s a quick look at the main types of coverage most nurses may need.

General liability insurance: $50 per month

Business owner’s policy: $60 per month

Workers’ compensation insurance: $45 per month

Commercial auto insurance: $220 per month

Commercial property insurance: $150 per month

Professional liability / medical malpractice insurance: $50 per month

General Liability Insurance

The average cost of general liability insurance for a nurse is about $50 per month.

General liability covers third-party bodily injury, property damage, and advertising injuries. For example, if a patient’s family member slips and falls in your office or clinic and gets hurt, this policy could help cover their medical bills and any legal fees if they decide to sue.

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

Factors that influence the cost include the work setting (like a clinic or home visits), location, how many patients or clients you see, your past claims history, and whether you perform higher-risk procedures or treatments.

Average annual premiums by state:

Note: These estimates are based on average national General Liability Insurance premiums for nurse businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on business size, services offered, claims history, and insurer underwriting practices.

Business Owner’s Policy (BOP)

The average cost of a business owner’s policy (BOP) is about $60 per month for nurses.

A BOP bundles general liability insurance with commercial property insurance. It protects against customer injuries, property damage, and loss or damage to your office space and equipment. For example, if a small fire breaks out in your clinic and damages medical equipment and furniture, the BOP would help pay for 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 value of your office or equipment, the risk level of your location (such as flood or crime rates), how much revenue your practice earns, number of employees, and any optional endorsements like business interruption insurance.

Average annual premiums by state:

Note: These estimates are based on average national Business Owner’s Policy (BOP) premiums for nurse businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on business size, services offered, claims history, and insurer underwriting practices.

Workers’ Compensation Insurance

The average cost of workers’ compensation insurance for a nurse is around $45 per month.

Workers’ comp covers medical bills, rehabilitation, and lost wages for employees injured on the job. For example, if a nurse assistant in your clinic injures their back while lifting a patient, workers’ comp would help pay for their treatment and provide partial wages while they recover and can’t work.

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, your claims history, and any implemented safety programs.

Average annual premiums by state:

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

Commercial Auto Insurance

The average cost of commercial auto insurance for a nurse is about $220 per month.

Commercial auto insurance covers vehicles owned or used by the business for accidents, theft, vandalism, or damage. For example, if you use a car to visit patients at home and get into an accident on the way, this policy would help cover the repair costs and any medical or legal expenses if someone else is injured.

Factors influencing the cost include the number and type of vehicles, how often they are used, and the driving record of the nurse.

Average annual premiums by state:

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

Professional Liability Insurance

The average cost of professional liability insurance for a nurse is about $50 per month.

Professional liability insurance (also called Errors and Omissions Insurance) protects your business if a customer claims you made a mistake, gave bad advice, or didn’t do the job properly, and it caused them a financial loss.

For example, if a nurse administers the wrong dosage of medication and the patient has a serious reaction, they might sue for negligence. This insurance would help cover legal defense costs and any settlement or judgment you’re required to pay.

Typical policy limits are $1 million per occurrence and $3 million aggregate.

The cost of professional liability insurance depends on things like how much coverage you want, how big your business is, and the kind of services you provide.

Average annual premiums by state:

Note: These estimates are based on average national Professional Liability Insurance premiums for nurse businesses, adjusted slightly for state-level differences. Actual premiums will vary depending on business size, services offered, claims history, and insurer underwriting practices.

Nurse Business Insurance Costs By Provider

Nurse 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 nurses, typically including professional liability (malpractice/errors & omissions), general liability, and business owner’s policies. Actual premiums will vary depending on factors such as location, practice size, services offered, claims history, and coverage limits.

What Factors Impact Your Nurse Insurance Costs?

Insurance premiums for nurses are based on your overall risk profile. Underwriters consider your specialty, patient contact level, workplace location, and claims history when calculating rates.

Claims History

A record of malpractice suits or injury claims can raise premiums, as insurers see this as higher risk. Maintaining a clean history often helps secure discounts and lower costs.

Value Of Equipment And Property

Owning a clinic or expensive medical devices increases insurance needs. High-value assets such as diagnostic tools, computers, or treatment equipment raise commercial property coverage costs.

Type Of Nursing Role

Not all specialties carry the same risk. Nurses in emergency rooms or surgical units typically pay more for insurance than those in administrative or school-based roles.

Policy Limits And Deductibles

Higher policy limits provide stronger protection but increase premiums. Choosing a higher deductible can reduce monthly costs, though it means paying more out of pocket if a claim arises.

Location Of Practice

Where you work matters. Nurses in urban hospitals or clinics located in areas with higher lawsuit rates or crime often pay more for liability and property coverage compared to those in safer, rural settings.

Patient Contact And Procedures

Nurses who perform high-risk procedures or work closely with patients in critical conditions generally face higher premiums due to increased liability exposure.

Size of Practice Or Employer

Larger healthcare facilities with more staff and patients face greater exposure. More employees increase workers’ compensation costs, while higher activity levels raise the likelihood of claims.

How To Lower Your Nurse Insurance Costs

Nursing can be an expensive profession, but your insurance premiums don’t have to weigh you down. While coverage is essential, there are practical ways to cut costs without losing protection.

Raise Your Deductible

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

Bundle Policies Together

Combining coverage often leads to savings. Many insurers offer a Business Owner’s Policy (BOP) that merges general liability and property insurance at a reduced rate. Adding workers’ compensation through the same provider can unlock additional discounts while simplifying paperwork.

Ask About Discounts

Insurers frequently 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.

Build A Safer Workplace

Accidents can quickly drive up insurance costs. Following proper patient-handling techniques, keeping work areas organized, using safety equipment, and adhering to health protocols all help reduce risks. Fewer incidents mean fewer claims, which lowers liability and workers’ compensation premiums over time.

Strengthen Your Safety Program

Workers’ compensation costs can be managed by focusing on employee safety. Training staff on equipment use, hygiene practices, and protective gear reduces injuries. When fewer claims are filed, premiums stay lower.