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Monthly Archives: August 2014

Florida Dental Malpractice Insurance: Important Considerations


Dental malpractice insurance for a Florida dentist protects the dentist from claims by patients alleging malpractice in treating or failing to treat that patient, or errors or omissions in providing dental treatment. Dental malpractice insurance is also referred to as Dental Professional Liability Insurance.

When purchasing a Florida dental malpractice insurance policy, it is important to consider the limits of liability, the total dollar amount the dental malpractice insurance company is willing to pay in the event of a loss. Most Florida dentists purchase limits of liability of $1 million per occurrence/$3 million aggregate. Other limits are available. The dental malpractice insurance policy is usually written without a deductible. It is important to purchase limits of liability sufficiently high enough to cover the Florida dentist in the event of a catastrophic claim—a death or failure to diagnose oral cancer, for example.

In choosing the right Florida dental malpractice insurance carrier, it is important to know the reputation of the carrier. Be sure to choose a dental malpractice insurance carrier with at least a rating of “A” (Excellent) by A.M. Best, the nation’s premier insurance company rating agency. Be sure the company is skilled in insuring dentists, and that you do not take a back seat to other physician or surgeon specialties. Remember that your assets and your professional reputation are at stake. No one thinks they will have a loss; however, if you do, you will be glad you are insured by the strongest, most aggressive dental malpractice carrier.

John Gracey Backer, CPA


John Gracey Backer, CPA, is the Treasurer of Gracey-Backer, Inc., an Insurance Agency in Delray Beach, Florida specializing in All Lines of Malpractice, Professional and Personal Insurance for the Healthcare Provider. He can be contacted at 800-272-6055 ext 128, or at john@gbifl.com.

Dental Associates and Dental Malpractice Insurance


When you, as a Florida dentist, join an existing practice or clinic, it is very important to review the employment contract to understand your rights and responsibilities regarding group dental malpractice insurance. You should pay special attention to the limits of liability on the dental malpractice policy. You need to understand whether the employer pays the dental malpractice premium or whether you are responsible for paying the dental malpractice premium or whether the group pays a portion of the premium. It is important to take special note of how the dental malpractice insurance is handled once you leave the practice. If you resign or are terminated from the Florida dental practice, who pays the tail premium—you or the practice? If you are insured under a claims-made form of insurance, you will need to understand who is responsible for purchasing the extended reporting endorsement (tail coverage). You, as a Florida dentist, never want to be caught without adequate dental malpractice insurance coverage.

For an explanation of Dental Malpractice Insurance, call John Gracey Backer, CPA, at Gracey-Backer, Inc. 800-272-6055 X128

Board Exam Coverage for Dental Students


As a Florida dental school student, you will need to think about purchasing dental malpractice insurance coverage for Dental Board Exams. Dental Board Exam Coverage is a short-term dental malpractice insurance policy. It covers the Florida dentist for professional liability during state board exam dates, typically a three-day period. Some Florida dental schools provide dental malpractice insurance for their Florida dental students during their board exams. If they don’t, many dental malpractice insurance companies sell this coverage for a small fee, and sometimes provide it at no charge.

Every Florida dentist needs Professional Liability Insurance, also known as dental malpractice insurance any time they treat a patient. Dental malpractice insurance is designed to cover professional liability exposures of Florida dentists resulting from claims for bodily injury and/or personal injury. These may occur from alleged malpractice (errors or omissions) in rendering, or failing to render, professional dental services. After a Florida dentist passes the Board Exams, this short-term dental malpractice insurance policy may then convert to full dental malpractice coverage, if desired.

Whether a Florida dentist plans to work for another Florida dentist, or plans to open his or her own Florida dental practice, dental malpractice insurance is a major component of their overall insurance program.

John Gracey Backer, CPA


John Gracey Backer, CPA, is the Treasurer of Gracey-Backer, Inc., an Insurance Agency in Delray Beach, Florida specializing in All Lines of Malpractice, Professional and Personal Insurance for the Healthcare Provider. He can be contacted at 800-272-6055 ext 128, or at john@gbifl.com.

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