Many optometrists shopping for insurance have a pretty clear idea of what they're looking for— good coverage, positive reviews and affordable premiums may be a few of the items at the top of your list. But beyond the basics, it's important to ask: What do you know about your insurance carrier itself? Optometrists facing a [...]

Documents like your malpractice insurance policy are legal contracts and must be worded and formatted a certain way. It's one reason your malpractice policy can be difficult to follow. Still, it's important to know how to read your policy documents so you can ensure all your malpractice needs are covered and get answers if you [...]

It's crucial to have the right protection for your optometry practice. But with so many variables and choices, finding the right insurance coverage can be a challenge. Getting answers to your questions can help you ensure you and your business are covered. Here are answers to FAQs about professional liability insurance. What Is Professional Liability [...]

As an employer, your optometry practice faces the risk of one day being sued by a current or former employee. Your Professional Liability policy protects your practice from patient claims, but not from other claims made by employees. To fully protect your practice from this risk, consider adding Employment Practices Liability Insurance. What Is Employment [...]

Insurance is critical for optometrists, and in some cases, legally required. For something so important, insurance can be very confusing. What insurance policies do I need professionally? For my business? What are limits of liability? The list can go on and on. At the AOA Insurance Alliance, a program designed for AOA members and administered [...]

If you are the owner of your optometry practice, you face risks to your hard-earned business each and every day. Whether a natural disaster shuts down business for months or disconnected internet service halts operations for a day, business owner’s insurance will keep you protected. While insurance isn’t the most exciting part of owning your [...]

As technology use continues to integrate into the daily operations of optometrists, reports of cyber-attacks are growing. Malware, ransomware, phishing and other breaches are becoming common place for small business owners and health care providers. As a business owner, you have a responsibility to protect your business records and your patients’ personal information. Prevent a [...]

With insurance limits, retroactive dates, coverage exclusions and more, insurance can be confusing. At the AOA Insurance Alliance administered by Lockton Affinity, we strive to make it as simple as possible. Read on for some basic information about how to select insurance limits. Understanding insurance limits An insurance limit, or limit of liability, is the [...]

General Liability and Professional Liability Insurance language can be confusing. And while it’s not meant to cause anxiety and confusion, the terms, definitions and knowing what is actually covered can be frustrating. Let’s start with the basics of Professional Liability and General Liability. Professional Liability insurance is designed to cover you while you are carrying [...]

Insurance can be confusing, but can be broken into two basic categories: claims-made or occurrence policies. It’s important to know which you have and the difference between these policies. Claims-made policies require a claim to be made against the insured—and reported to the insurer—during the policy period, or effective dates. Claims-made policies can also include [...]