Medical Billing Forum
Starting a Medical Billing Business => Starting Your Own Medical Billing Business => : Tameka79 June 19, 2017, 11:04:36 AM
-
Good Morning,
Is there a recommended amount of E& O insurance you should have?
-
It would depend on how big your company is (or plans to be) and the average size of your clients. $1,000,000/$3,000,000 is usually plenty for most average sized billing companies.
-
Thank you Michelle. I was thinking about getting $250,000/$1,000,000.
-
That is probably fine. Personally I feel the $1,000,000/$3,000,000 is high for most billing companies, but when I researched it that was the number that was considered average.